News

Lightning-Fast Delivery Service

Takealot Launches Lightning-Fast Delivery Service in Cape Town

  • Takealot has expanded its on-demand delivery service, TakealotNOW, to cover several areas in the greater Cape Town region, offering customers a curated selection of products delivered within an impressive 60-minute timeframe.
  • This expansion reflects Takealot’s commitment to meeting changing consumer preferences and habits, providing swift delivery and convenience beyond traditional grocery-focused services.
  • The integration of TakealotNOW into the Mr D app marks a significant milestone, enhancing convenience for customers and offering complimentary deliveries to TakealotMORE subscribers, reinforcing Takealot’s position as a leader in South Africa’s e-commerce landscape.

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Rand Defies Political Turbulence,

Rand Defies Political Turbulence, Strengthens Amidst Economic Uncertainty

  • Rand Resilience Amid Political Uncertainty: Despite wavering support for the ruling ANC, recent polling indicates continued favor for the party, bolstering the rand’s stability amidst political turbulence.
  • Analysts Assert ANC Dominance: Economic experts emphasize the ANC’s enduring significance in South Africa’s political landscape, attributing the rand’s strength to the party’s historical legitimacy and grassroots support.
  • Global Factors Impact Rand: External influences, particularly oil prices surging to $88.70 per barrel, contribute to the rand’s performance, highlighting the currency’s vulnerability to international market dynamics and geopolitical tensions.

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MTN MoMo

MTN MoMo to Revolutionize Payments with PayShap Partnership

  • Partnership for Progress: MTN SA collaborates with Investec to introduce PayShap, a real-time payment service, to its MoMo platform, marking a significant step towards transforming the mobile payment landscape in South Africa.
  • Financial Inclusivity: The integration of PayShap into the MoMo platform aims to serve the unbanked population by providing accessible and low-fee mobile banking services, emphasizing MTN’s commitment to fostering financial inclusion.
  • Innovative Collaboration: With Investec as the banking sponsor and Electrum providing technical expertise, the partnership draws inspiration from successful global models, heralding a future where digital payments revolutionize financial accessibility and efficiency in South Africa.

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Stack Overflow and Google Partner to Enhance Developer Experience with OverflowAPI Integration

  • Stack Overflow and Google announce partnership to integrate Stack Overflow’s knowledge base into Google Cloud services.
  • The OverflowAPI program will provide AI companies access to Stack Overflow’s data for AI applications.
  • Collaboration aims to streamline developer workflow, ensuring access to validated answers while preserving the human element.

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Mpumalanga dam

Mpumalanga’s Dam Levels Hold Steady as Water Conservation Becomes Crucial

  • Dam levels in Mpumalanga Province remain stable overall, with an average of 98.1% and higher than last year’s levels, according to the Department of Water and Sanitation’s latest report.
  • While some districts experienced slight declines in water levels, such as the Olifants and Inkomati-Usuthu Water Management Areas, others saw improvements or remained unchanged.
  • The Department emphasizes the importance of water conservation in South Africa, as a water-scarce country, and urges individuals and businesses to use water wisely to ensure water security and sustainability.

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Available balance vs balance

Available balance vs balance: What’s the difference?

  • The “balance” in a bank account refers to the total amount of money in the account, including all deposits and withdrawals.
  • The “available balance” is the amount of money that is immediately accessible for use by the account holder. This amount takes into account any holds or pending transactions that have not yet been cleared.
  • The difference between these two amounts is crucial for account holders to understand to avoid overdraft fees or penalties for insufficient funds.

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