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Magda Wierzycka is furious that Discovery shared some of her personal information with scammers. Discovery says fewer than 20 other customers were affected. (Supplied) Discovery leaked personal information of fewer than 20 customers, including addresses and insurance details, to phone scammers.Sygnia co-founder and CEO Magda Wierzycka was one of the affected users, and she took the issue to public media on Wednesday night.The company said “impersonation thieves” used information made public in a previous data breach to circumvent Discovery's customer authentication system.For more financial news, News24 Business homepage.Signia CEO Magda Wierzycka is furious that her Discovery Insurance details, along with…
Reading Time: 2 MinutesThe South African Communist Party (SACP) and the Congress of South African Trade Unions (Cosatu) in Mpumalanga have expressed dissatisfaction with the way the African National Congress (ANC) in the province has nominated three candidates for prime ministerial position. The expanded ANC Provincial Executive Committee (PEC) met on Monday where delegates reportedly voted for their preferred candidates. This comes after the ANC in the province won 51% of the vote in the recent general election. A letter from Cosatu and the SACP to the ANC national electoral committee said the meeting was chaotic and rife with factionalism.…
Reading Time: 2 MinutesThe African National Congress (ANC) is holding a crucial special National Executive Committee (NEC) meeting in Boksburg, east of Johannesburg, later this morning to discuss various options for forming a government within the next two weeks. Some party members argue that a merger between the ANC and the Democratic Alliance (DA) is the best option for the country's stability. Other political parties, including allies the Congress of South African Trade Unions (Cosatu) and the South African Communist Party (SACP), have strongly rejected the agreement. Cosatu says a coalition government with the ANC would not be beneficial for…
ANC spokesperson Malengi Bhengu Motsili briefs the media at Luthuli House on June 5, 2024. The ANC will work with other major parties, including the Democratic Alliance (DA), Economic Freedom Fighters (EFF), Inkatha Freedom Party (IFP) and Patriotic Alliance (PA), to form a government of national unity. (Photo by Per Anders Pettersson/Getty Images) TThe ANC's national executive committee (NEC) is due to decide on Thursday which parties it will form a coalition government with after the elections. This follows the first round of talks between the party and other political parties. The party currently supports the idea of forming a…
Reading Time: 2 MinutesThe South African Communist Party (SACP) is opposed to a coalition government between the African National Congress (ANC) and the Democratic Alliance (DA) or the newly formed Umkhonto we'Sizwe (MK) party. The SACP yesterday briefed the media on the election results in Marshalltown, following the ANC's dwindling electoral support. The ANC confirmed it was in coalition talks with six parties, including the DA. These are the Economic Freedom Fighters (EFF), the Inkatha Freedom Party (IFP), the National Freedom Party (NFP) and the Patriotic Alliance (PA). But South African Communist Party secretary-general Solly Mapaila said a coalition with…
38 minutes agoMariko Ooi,Business reporterGetty ImagesNomunication It has traditionally played an important role in Japanese business.For thousands of years, alcohol has been used as a social lubricant. In Japan, communication – A coined word combining the Japanese words “drink” and “drink”. Drinkand communication.The idea is that drinking alcohol creates a more relaxed environment.Companies are even tackling tough problems in the pub rather than the boardroom.Kazuo Inamori, the late former chairman of Japan Airlines, which went bankrupt at the time, Explained in 2012 How they used beer to get employees to open up.But now a whole new generation Choose to drink…
2 hours agoChristine Law,Technology reporterGetty ImagesAI may one day eliminate the need for animals in medical experimentsFrom animal lovers to lab technicians, no one likes subjecting animals to scientific testing.Rather, it is done to ensure that drugs and other substances are ultimately safe for humans.Researchers have long been searching for alternatives to animals, and artificial intelligence (AI) systems are now accelerating this research.One application of AI in this field is simple, but said to have proven effective: using AI to examine all existing available animal testing results worldwide to prevent the need for unnecessary new tests.This is useful because it…
Nvidia's market capitalisation exceeds $3 trillion (£2.3 trillion), making the chipmaker the world's second-most valuable listed company, overtaking Apple.The company's shares rose more than 5% on Wednesday to above $1,224. The company's surprisingly fast stock price rally that began last year has been fueled by the belief that it is poised to be a big winner in a wave of investment in artificial intelligence.The company's market capitalization now ranks second only to another major player in the industry, Microsoft, thanks to its investment in chat GPT maker OpenAI.Nvidia, which had a market capitalization of “just” $2 trillion in February, sparked…
(Wittaya Prasongsingh/Getty Images) South African assets were among the world's worst performing on Wednesday after the African National Congress said it was considering a multi-party government rather than an alliance with the pro-business Democratic Alliance.The rand had fallen more than 1 percent by early afternoon, approaching 18.95 rand to the dollar, its lowest since April 26, while dollar-denominated government bonds sold off as 10-year bond yields rose 9 basis points to 12.21 percent. The rand strengthened slightly to around 18.92 rand by late afternoon, after hitting 18.35 rand last week on optimism over the ANC-DA agreement.ANC spokesman Malengi Bhengu Motsili…
Disgruntled ANC members plan to protest and picket on Thursday against the ruling party's decision to hold coalition talks with the DA.Esethu Hasane, a staunch ANC member, said governing in coalition with the DA was tantamount to betraying the people who “voted in good faith”. A source close to President Cyril Ramaphosa has insisted that a merger between the DA and ANC is the “best option” for the country's stability.ANC supporters who voted for the party “in good faith” in the May 29 general election are expected to picket in Johannesburg on Thursday morning, demanding that party leaders refuse to…