GCR places Pinnacle on ratings watch

Global Credit Ratings (GCR) has affirmed Pinnacle’s issuer ratings of BBB+(ZA) and A2(ZA) respectively, but has placed the company on “Rating Watch” due to the allegations of bribery levelled against former executive director Takalani Tshivhase. This...

Political parties take campaign to Mxit

Political parties are bolstering their social presence on Mxit in the run-up to the elections on 7 May. Following successful voter registration drives by the IEC earlier this year on Mxit, the ANC, DA and Agang have used some creative methods to rally support and...

Consumer Ombud seeks fair resolution

In the first nine months since the appointment of the Consumer Goods and Services Ombudsman, Advocate Neville Melville, in June 2013, the Consumer Goods and Services Ombud (CGSO) dealt with 4 281 cases against retailers and suppliers. Between 1 June 2013 and 31 March...

E-stores come under phishing attack in March

Despite the increased share of phishing attacks on online stores, the most frequently attacked category of organisation was still social networking sites (23,5%). In March, users of LinkedIn risked giving away their personal data as a result of phishing scams. There...

Microsoft warns of new IE vulnerability

Microsoft has released a new security advisory regarding a potential vulnerability in Internet Explorer (IE) reported by FireEye, and currently under investigation. The software vendor reports that it is working closely with FireEye to investigate the reported...