co.za domain fees to rise well above inflation

co.za domain fees to rise well above inflation

The cost of South African internet domains is going up by 6.2% from 1 October – an increase well above inflation, despite the fee being set under what the .za Domain Name Authority (.zadna) describes as a CPI-linked pricing methodology. .Zadna, the statutory regulator of the .za namespace, said on Friday that the registry fee…

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Oil prices return to near pre-war levels as Oman says no Strait of Hormuz “transit fees”

Oil prices return to near pre-war levels as Oman says no Strait of Hormuz “transit fees”

Oman’s Foreign Minister Sayyid Badr bin Hamad Al Busaidi, speaking Thursday after meeting with fellow top diplomats from Persian Gulf nations and U.S. Secretary of State Marco Rubio, said “future arrangements concerning the Strait of Hormuz will not involve imposing any transit fees.” Al Busaidi “reiterated Oman’s support for the memorandum of understanding signed between…

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ACT abandons home affairs identity fees lawsuit

ACT abandons home affairs identity fees lawsuit

ACT CEO Nomvuyiso Batyi The Association of Comms & Technology has abandoned its legal challenge against home affairs minister Leon Schreiber’s controversial hike in identity verification fees, with member companies opting to negotiate individual agreements with the department instead. ACT filed the high court application in January after Schreiber increased the fee for accessing the…

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Adobe faces fresh probe over subscription cancellation fees

Adobe faces fresh probe over subscription cancellation fees

Adobe’s head office in San Jose, California The Competition and Markets Authority (CMA) — the UK equivalent of South Africa’s Competition Commission — has launched a formal investigation into Adobe over concerns that early cancellation fees on its subscription plans may breach consumer protection law. The investigation will examine whether terms attached to Adobe’s “annual…

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Standard Bank slashes PayShap fees

Standard Bank slashes PayShap fees

Standard Bank has slashed PayShap transaction fees to a flat rate of just R2 for any amount transferred up to the R3 000 limit. The move makes Standard Bank the second cheapest bank for instant payments powered by the PayShap payment rails, with TymeBank still leading the sector by charging no fees on PayShap transactions. “On…

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