Category News

TechCentral

Vodacom Group in South Africa is laying off over 100 employees in a restructuring drive, with 400 employees served notices under section 189 of the Labour Relations Act. The company confirmed the restructuring, expecting around 113 job losses. This marks the second round of job cuts in the past year, with Vodacom’s South African business having about 4,145 full-time employees.

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CNN

African fintech companies aim to reduce high costs of remittances to sub-Saharan Africa, surpassing traditional players like Western Union. Remittances worth $54 billion to the region in 2023, vital for economies like Gambia and Kenya. Informal networks may lead to underestimation of actual figures.

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BBC News

ByBit, a crypto trading platform, seeks to recover losses after $1.46bn theft by North Korean hackers. Offering cash rewards to online bounty hunters to prevent criminals from cashing out through money laundering. CEO Ben Zhou urges public to join the fight against Lazarus Group. Criminals splitting cryptocurrency into smaller chunks to obscure origins.

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The Citizen

Vaal Dam’s water levels surged to 87.93% from 63.34% last week due to heavy rainfall, contrasting with Gariep Dam’s overflow tendencies. The Department of Water and Sanitation reported a 68.3% level last year. Levels rose over 3% in 24 hours.

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BBC News

Ukrainian minerals deal with the US raises questions about security guarantees, as President Zelensky plans to visit Washington DC to finalize the agreement. Trump hints at possible Russia-Ukraine ceasefire, with UK Prime Minister also set to discuss Ukraine in upcoming talks.

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CNN

Sign up for CNN’s Wonder Theory science newsletter to explore fascinating discoveries and scientific advancements. A new study reveals that over half a billion years ago, glaciers on Earth stirred up minerals that shaped complex life by depositing them in the ocean. The Neoproterozoic Era, or “Snowball Earth,” from 1 billion to 543 million years ago, saw the formation and breakup of the supercontinent Rodinia.

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CNN

Satellite images reveal North Korean troops transported by sea to Russia for Ukraine war. Russian ships moved soldiers to Dunai port in October and November. South Korean intelligence first identified transfers via North Korean ports. Researchers confirm Russian vessels docked at Dunai during troop transfers. Soldiers likely boarded ships at night to avoid detection.

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BBC News

Petition to revoke Elon Musk’s Canadian citizenship gains traction amid tensions with Trump administration. Musk, who holds both Canadian and US citizenship, criticized Canada as “not a real country.” Accusations include influencing elections and undermining sovereignty. Citizenship can only be revoked for specific reasons. Musk’s mother is Canadian.

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Daily Maverick

South African soldiers wounded in fighting with M23 rebels in DRC have all returned home for medical care. SANDF prioritizes care for soldiers based on critical, non-critical, and psychological needs. Remains of 14 fallen soldiers also repatriated. SANDF urges privacy for soldiers and families during healing process. Number of repatriated soldiers not disclosed.

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TimesLIVE

Trucking boss shot by armed suspects at his business premises in Witbank. Multiple gunshot wounds, vehicle riddled with bullets. Motive unknown, case of attempted murder opened. Destiny Logistics, established in 2011, has grown to a fleet of 200 trucks and 300 employees. Police seeking information on suspects, urge public to come forward.

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