Tshivhase’s bribery charges dropped
The bribery charges against Pinnacle Holding’s executive director Takalani Tshivhase, which earlier this year triggered a sell-off of the company’s stock and an estimated R1,2-billion slashing of its value, have been dropped. The Specialised Commercial Crimes Unit of...PayPal hits 1m SA milestone
More than 1-million South Africa accounts have been opened on the global payments platform PayPal, just four years after the first deal with First National Bank (FNB) made it possible for people and businesses in South Africa to make and accept PayPal payments. With...BYOD security lags in SA
South African employees are using their own devices at work – but in many cases their employers haven’t yet implemented security measures. With the Cisco Visual Networking Index Global Mobile Data Traffic Forecast estimating that there will be 98-million...Pinnacle tackles market rumours
Pinnacle Holdings wants to lay rumours to rest as it addresses the concerns that have kept its share price on the back foot. In view of a “substantial weakening” in its share price since the trading statement published on 8 August 2014, the company has issued a...Africa’s middle class booms
Africa has experienced substantial growth in its middle class over the past 14 years, according to a study by Standard Bank. The report, entitled Understanding Africa’s Middle Class, found there are 15-million middle-class households in 11 of sub-Saharan Africa’s top...