MultiChoice expects a significant boost in earnings per share and trading profit compared to the prior period, the company said in a trading statement. “The board considers core headline earnings per share and trading profit as the two most appropriate indicators of the operating performance of the group, as they…
Author: Tapiwa Matthew Mutisi
FA Global, Shujaaz Inc, and the Financial Sector Deepening Kenya (FSD Kenya) are launching a new innovative project that aims to help financial service providers identify informal entrepreneurs who qualify as high potential candidates for credit and loans. By tracking the candidate’s experiences, the prosperity of entrepreneurs can be predicted.The aim…
There is a demand for local payment methods to help Nigerians be part of the crypto industry, hence, Paxful, a global peer-to-peer crypto marketplace has announced the addition of Bitsika to the platform, and by doing so, expanding their range of local payment methods in Nigeria. Therefore, this addition will…
Ride-hailing app Bolt has launched Bolt Web App, a cost-effective alternative for riders to request a trip on a web browser. Bolt Web App is an option for riders who have mobile phones with limited capabilities in terms of high-performance user experience, internal phone storage, prone to a weaker internet connection, are conscious…
Safaricom has announced the launch of a new Skiza Advertising platform that aims to provide SMEs the opportunity to advertise their services. The new tool is part of the company’s initiatives to support SMEs as they recover from the COVID-19 economic impact, especially as customers limit their movement in line…
Mara Phones has officially opened South Africa’s first franchise Mara Experience Store at Maponya Mall in Soweto, the hub of Klipspruit. The launch of the store happens exactly one year since the opening by Mara Phones of the country’s first smartphone manufacturing facility. This landmark franchise store is owned by…
AfricaHacks announced a Global Innovation challenge that will be held virtually from December 5th – 12th, 2020 where participants from across the world will learn from successful Founders, Business Executives, and Tech Leaders on how to create and develop a startup. Those participating in the challenge will have the opportunity…
Electric carmaker Tesla has launched its own brand of Tequila on its online store and this idea for the tequila started out as an April Fools’ Day joke in 2018, where the liquor was referred to by Elon Musk as “Teslaquilla“. The liquor has now been listed for sale on the Tesla…
Andile Ngcaba is taking his former employer, Dimension Data, to court over allegations that the company paid him less than his white colleagues. Ngcaba is claiming over R440 million in damages, including: R261 million worth of unpaid bonuses under Dimension Data’s long-term incentives payment schemes.R170 million in damages, as he…
The Startup North-East Virtual Incubation Programme, designed to assist Nigerian entrepreneurs in building their technology-based startup that solves challenges associated with aid distribution and data management in North East Nigeria has opened for applications. Taking place over four-months, the entrepreneurship programme aims to rebuild the North East Nigerian region by…
Paxful, the global crypto marketplace powered by people announced adding Uhuru Wallet as a payment method to their platform. The company, known for its goal of financial inclusion, is helping the underbanked around the world to gain financial independence using peer-to-peer transactions. The partnership with Uhuru will help encompass this vision and…
In many African countries, providing access to learning content and lifelong learning opportunities remains a challenge. Large parts of the population cannot benefit from existing educational offers due to geographical remoteness and a lack of financial resources. Marginalized groups such as girls and women as well as populations living in rural…
Despite the rise of streaming as the primary mode of music consumption globally, illegal music download sites have remained a major source for most users across Africa. Kenyan music service Mdundo saw its monthly active users increase by 27 per cent to 6.4 million in September from five million in…
MTN and Cell C’s network sharing agreement is under scrutiny, with industries players drawing parallels between their deal and MTN and Telkom’s network sharing plan which was blocked. On 18 November 2019, Cell C announced that it had concluded an expanded roaming agreement with MTN which gives it nationwide 3G and…
The personal computer (PC) gaming industry is one of the most innovative technology industries. Its impact on culture, social networking and most importantly entertainment cannot be understated as it provides an immersive experience to more than 2 billion gamers around the world. Globally, the PC gaming hardware market, which consists…
Kabelo Makwane, Managing Executive for Cloud, Hosting & Security at Vodacom Business; Internet of Things (IoT) refers to any object or device that is connected to the internet. This rapidly expanding set of “things,” which capture, send and receive data, includes cars, appliances, smart watches, lighting, home assistants, home security,…
IT Industry Development Agency (itidA) has partnered with Microsoft Egypt to host the 2020 African App Launchpad Cup pitch competition aimed at African startups focusing on app and game development has opened for applications across 21 African countries. Eligible countries are Uganda, Rwanda, Togo, South Africa, Ghana, Egypt, the Democratic Republic of Congo,…
Teraco has announced that it has begun construction on a new hyperscale data centre with 38MW of critical power load in Ekurhuleni, South Africa and the facility is called JB4 and will be the largest data centre in Africa once it is built. Teraco CEO Jan Hnizdo said that Phase…
Apple previously held two events in which it unveiled new iPads, smartwatches, and iPhones, and it is now expected that MacBook laptops will join the list, after Apple announced a “One More Thing” event, which will take place on 10 November. Specifically, the event is widely believed to be an…
A Kenya-based agri-tech startup, Farmers Pride, which targets rural smallholder farmers and agro dealer shops has secured a reported $220 000 in funding from US-based impact investor, Gray Matters Capital. The inclusive agri-tech aims to use the funding to promote its goals in supporting women-owned small farmers The secured funding will be utilised…