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Social media companies face massive fines if they fail at privacy and content moderation

30 Nov 2022

Meta, Facebook’s parent company, was slapped with another fine on Monday for violating European privacy laws. The tech giant was given a $275 million fine by Ireland’s Data Protection Commission for a data leak discovered last year that saw the personal information of more than 500 million Facebook users posted online. The commission has imposed …

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Warren Buffet. Image: Wikimedia Commons

Opinions Today | Warren Buffet has outperformed Bitcoin in recent years

30 Nov 2022

Warren Buffet hates Bitcoin. In fact, the ‘Oracle of Omaha’ said if you offered him all the Bitcoin in the world for $25, he wouldn’t take you up on the offer.   Once the world’s wealthiest man, Buffet is right to be sceptical of cryptocurrency given the recent collapse of the FTX Exchange.  Recently, BlockFi, …

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Image: Ali Salman Zia

Apple still good but partnership with China may be over as tech firms struggle following latest earnings reports

31 Oct 2022

Apple recently released its latest earnings results and while the iPhone maker is still delivering overall revenue increases with $90.15 billion in revenue versus the $88.90 billion that was estimated, the company is facing some challenges with its operations and sales in China.  A major part of Apple CEO Tim Cook’s strategy with the iPhone …

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President Cyril Ramaphosa responds to questions in parliament. Image: Esa Alexander/Reuters

President Ramaphosa to make state visit to UK

3 Oct 2022

LONDON (Reuters) – President Cyril Ramaphosa will make a state visit to Britain, Buckingham Palace said on Monday, the first such visit since King Charles succeeded his late mother Queen Elizabeth last month. Ramaphosa and his wife, Tshepo Motsepe, have accepted an invitation from the new British monarch for the Nov. 22-24 state visit, the …

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South African Factory Sentiment Rebounds as Virus Curbs Ease

1 Feb 2022

(Bloomberg) – A gauge measuring South African manufacturing sentiment recovered after a loss of momentum in December as demand for goods increased and the fallout from a surge in coronavirus infections eased, signaling a strong start to the year. Absa Group Ltd.’s purchasing managers’ index, compiled by the Bureau for Economic Research, rose to 57.1 …

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While you were asleep: Time to fasten the seatbelts as troops gear for Russian standoff

25 Jan 2022

The standoff over a Russian invasion of the Ukraine is intensifying, causing panic in global markets that are already on edge over tightening monetary policy. In the latest developments on the geopolitical crisis, US President Joe Biden has placed 8,500 troops on heightened alert for deployment and conferred with top European allies on a unified …

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Get the latest version of the SAccess app

20 Dec 2021

We’ve updated the app with new features for you to enjoy. Click here to download the latest version of the SAccess app available on Android or iOS.

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