MTN paid $53 million to settle a dispute after Nigeria’s Central Bank accused it of illegally repatriating $8.1 billion in profits.
Author: Tapiwa Matthew Mutisi
Tapiwa Matthew Mutisi
Tapiwa Matthew Mutisi has been covering blockchain technology, intelligent technologies, cryptocurrency, cybersecurity, telecommunications technology, sustainability, autonomous vehicles, and other topics for Innovation Village since 2017. In the years since, he has published over 4,000 articles — a mix of breaking news, reviews, helpful how-tos, industry analysis, and more. | Open DM on Twitter @TapiwaMutisi
A recently published patent shows the company may launch a similar looking device like the Samsung’s fordable smartphone in the future.
Naspers, the South African investment giant, is back at it in India! Days after backing educational startup Byju’s by leading a $540 million investment, it has led a $1 billion investment in food delivery company Swiggy, a popular online food delivery start-up. The new round sees Chinese internet and Naspers ally Tencent join…
The company plans to spend $150 million to move into new areas, including selling videogames online.
Zimbabwe’s Postal and Telecommunications sector registered a 9,2 percent revenue growth in the third quarter to September, 2018 on the back on increased usage of data and internet.
Safaricom CEO Bob Collymore has said the telco is expanding its M-Pesa systems to take 1,200 transactions per second.
Strive Masiyiwa, Econet Wireless founder, this week consolidated his position as one of Zimbabwe’s richest investors after his fintech company, Cassava Smartech (CSZL), became the most valuable counter by market value on the Zimbabwe Stock Exchange (ZSE) when the company listed on the ZSE through an initial public offering. Masiyiwa, whose…
Shareholders in Zimbabwe’s largest mobile phone operator are now owners of a company with ambitions to be an internet giant of Africa – Cassava SmarTech Zimbabwe. Cassava Smartech, a unit of Econet Wireless Zimbabwe, the largest company by market capitalization on the Zimbabwe Stock Exchange, begun trading on Tuesday (Dec. 18). Shareholders of…
This is an upgrade to the old KCB-M-Pesa system where borrowers could only take another loan after clearing the outstanding balances.
Digital mobile lending in Kenya is a space that is ever-growing, whether the motivation is to push for financial inclusion or to simply provide a service in a neglected space, what’s constant is that the sector is ever-growing. As of September this year, there were over 50 mobile loan facilities,…
Kwesé-iflix has partnered media company, BusTop TV in coming up with a comedy series, Comic Tick, on the Kwesé-iflix platform.
MTN Group has announced the appointment of several executives, including the position of Chief Technology & Information Officer and Executive for Corporate Services & Sustainability. Charles Molapisi has been appointed as the company’s Group Chief Technology and Information Officer, effective 1 January 2019. His appointment follows Babak Fouladi’s resignation from…
DStv is giving lower-tiered subscribers an early Christmas gift by opening up some of the premium channels during the end-of-year and beginning-of-2019 festive period.
Cassava SmarTech Zimbabwe (CSZL), the fintech-focused spin-off from Econet, made its debut on the Zimbabwe Stock Exchange (ZSE) yesterday, and became the bourse’s largest counter by market capitalisation. CSZL opened trading at 0,4380 cents, closing at 149,28 cents, a growth of 241% and valuing the company at $3,867 billion. The tech…
Naspers teams up with Canada’s state pension fund to invest in Indian educational startup BYJU’S, a learning app for primary and high school pupils in India.
The BMW Group is the first foreign company in China to obtain a license to operate a ride-hailing service.
Econet Wireless Zimbabwe’s fintech business Cassava Smartech Zimbabwe Limited (CSZL) will be listed on the Zimbabwe Stock Exchange (ZSE) tomorrow, 18 December. This comes after regulatory approvals to spin-off the telecoms giant’s smart technology and financial technology businesses under a new holding company CSZL. The company controls 100 percent of…
Samsung launched Galaxy A8s, the world’s first smartphone to feature an in-display hole with an Infinity-O display.
China has warned Canada it will face severe consequences unless it releases Huawei Technologies’ Chief Financial Officer Meng Wanzhou, who faces extradition to the U.S. after being arrested in the country last week.
The new WhatsApp group calling feature allows users to quickly make calls with multiple the participants in a group.