Miriam Matoma

Miriam is a freelance writer, she covers economics and government news for Rateweb. You can contact her on: Email: miriam@rateweb.co.za Twitter: @MatomaMiriam

Lightning-Fast Delivery Service

Takealot Launches Lightning-Fast Delivery Service in Cape Town

  • Takealot has expanded its on-demand delivery service, TakealotNOW, to cover several areas in the greater Cape Town region, offering customers a curated selection of products delivered within an impressive 60-minute timeframe.
  • This expansion reflects Takealot’s commitment to meeting changing consumer preferences and habits, providing swift delivery and convenience beyond traditional grocery-focused services.
  • The integration of TakealotNOW into the Mr D app marks a significant milestone, enhancing convenience for customers and offering complimentary deliveries to TakealotMORE subscribers, reinforcing Takealot’s position as a leader in South Africa’s e-commerce landscape.

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Rand Defies Political Turbulence,

Rand Defies Political Turbulence, Strengthens Amidst Economic Uncertainty

  • Rand Resilience Amid Political Uncertainty: Despite wavering support for the ruling ANC, recent polling indicates continued favor for the party, bolstering the rand’s stability amidst political turbulence.
  • Analysts Assert ANC Dominance: Economic experts emphasize the ANC’s enduring significance in South Africa’s political landscape, attributing the rand’s strength to the party’s historical legitimacy and grassroots support.
  • Global Factors Impact Rand: External influences, particularly oil prices surging to $88.70 per barrel, contribute to the rand’s performance, highlighting the currency’s vulnerability to international market dynamics and geopolitical tensions.

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MTN MoMo

MTN MoMo to Revolutionize Payments with PayShap Partnership

  • Partnership for Progress: MTN SA collaborates with Investec to introduce PayShap, a real-time payment service, to its MoMo platform, marking a significant step towards transforming the mobile payment landscape in South Africa.
  • Financial Inclusivity: The integration of PayShap into the MoMo platform aims to serve the unbanked population by providing accessible and low-fee mobile banking services, emphasizing MTN’s commitment to fostering financial inclusion.
  • Innovative Collaboration: With Investec as the banking sponsor and Electrum providing technical expertise, the partnership draws inspiration from successful global models, heralding a future where digital payments revolutionize financial accessibility and efficiency in South Africa.

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Mpumalanga dam

Mpumalanga’s Dam Levels Hold Steady as Water Conservation Becomes Crucial

  • Dam levels in Mpumalanga Province remain stable overall, with an average of 98.1% and higher than last year’s levels, according to the Department of Water and Sanitation’s latest report.
  • While some districts experienced slight declines in water levels, such as the Olifants and Inkomati-Usuthu Water Management Areas, others saw improvements or remained unchanged.
  • The Department emphasizes the importance of water conservation in South Africa, as a water-scarce country, and urges individuals and businesses to use water wisely to ensure water security and sustainability.

Mpumalanga’s Dam Levels Hold Steady as Water Conservation Becomes Crucial Read More »