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Standard Bank Partners With Meridiam To Power Africa’s Infrastructure
Standard Bank Group, the biggest bank in Africa by asset, and Meridiam, an independent investment Benefit Corporation and an asset manager, hosted a joint event to unlock investment opportunities in alternate energy infrastructure on the continent. Meridiam has been building its investment credentials on the continent since 2015 and has partnered with Standard Bank for over
Breaking News today – Thursday 3 October 2024
Business & Tech News Zambian Power Outage Crisis: Zambia sources up to 84% of its electricity from water reservoirs such as lakes, dams and rivers, while only 13% is generated via coal power plants. Due to severe drought this season however, several of the main power sources that are water generated such as the Kariba
Transport Tribulations in Transport Month
Public-private sector cooperation is critical to revitalizing SA’s failing transport infrastructure As the spotlight falls on Transport Month annually in October, Business Tech Africa gets some insight from Vuyo Ntoi, MD of African Infrastructure Investment Managers, who argues that every day without decisive intervention regarding fixing infrastructure, deepens job losses, stifles businesses, and weakens SA’s
TymeBank Reaches 10 Million Customers, Setting Milestone as Africa’s First Profitable Digital Bank
TymeBank, Africa's first digital bank to achieve profitability, has reached a significant milestone, surpassing 10 million customers in less than six years since its launch in 2019. The bank's rapid growth and customer acquisition reflect the success of its core value proposition, built on simplicity, transparency, and affordability. Since its launch in February 2019, TymeBank
The Future of Mining in Southern Africa
Johannesburg, 2 September 2024: The focus of the Jo’burg Indaba 2024 is Investing in Resources and Mining in Africa, with major players in the supply to and support of the industry in attendance. As of 2023, the mining industry contributed around 202.1 billion South African rand to the country's GDP and employed a total of 477,000
NamPower Partners with Chinese Firms to Build Namibia's Largest Solar Power Plant
Namibia's state-owned utility, NamPower has announced a landmark partnership with two Chinese companies to develop the country’s largest solar power plant. Valued at N$1.6 billion (US$89 million), the project will significantly bolster Namibia’s renewable energy capacity and reduce its dependence on electricity imports. The 100 MW Rosh Pinah solar plant, located in southern Namibia, will
Bolt Expands Driver Support Network with New Engagement Centre in Cape Town
The leading mobility platform, Bolt has opened its second Driver Engagement Centre in Thornton, Cape Town, marking another step in its commitment to supporting its driver-partners. The new facility is a direct response to feedback from drivers, who expressed the need for more accessible, in-person support. Following the success of its Johannesburg centre, Bolt aims
How the HONOR 200 Series Battery Redefines All-Day Smartphone Use
In today’s fast-paced world, smartphones have become indispensable tools, helping us manage everything from work tasks to social interactions. But with such constant usage comes the inevitable issue: battery life. There’s nothing more frustrating than your phone dying right when you need it most. HONOR’s latest mid-range powerhouses, the HONOR 200 and HONOR 200 Pro, aim
KaiOS Technologies and Mastercard Partner to Drive Digital Payment Solutions for SMEs in Africa
KaiOS Technologies, a leading operating system that brings the best of the internet to affordable devices, today announced a collaboration with Mastercard to integrate a range of digital payments solutions. Beginning in Cote d’Ivoire and Nigeria, Mastercard and KaiOS Technologies will deliver affordable payment acceptance devices and stimulate the growth of a more inclusive, connected global economy. Small and medium-sized
Telecoms regulatory veterans Moses Mashisane and Dr Aniel De Beer join Maziv
Moses Mashisane has joined Maziv as its Chief Regulatory and Compliance Officer, after a distinguished career spanning over 20 years at MTN where he most recently served as General Manager of Regulatory Affairs. In addition to his extensive experience, Mashisane was a driving force behind the development of SA’s first democratic government’s ground-breaking telecommunications policy
British Shoppers are Sleeping On £3,000 Of Savings Per Year On Goods As ‘Temu Bonus’ is Revealed
British consumers who shop directly from manufacturers are saving up to £3,000, according to a new study by economic consultancy Cebr. The research examines the impact of different distribution channels, where fewer intermediaries are in the supply chain, on average basket prices for UK households. Commissioned by e-commerce platform Temu, the findings reveal consumers could save £2,961
Breaking News today – Wednesday 2 October 2024
Ugandan Mining Landscape about to Change: Uganda has a newly formed a state-owned mining company that will be able to claim a free, 15% stake in all mining operations in Uganda. The mining entity will then manage the government's equity interests in mining operations, according to Ruth Nankabirwa, the minister for energy and mineral development.
Smart Solar Solution Drives Efficient Energy Use
Plentify, an innovative home energy management company, has announced a strategic partnership with Herholdts, one of the country’s largest distributors of solar and electrical solutions, to launch SolarBot – a first-of-its-kind intelligent controller for home solar and battery systems. Plentify is a new-gen Solar Tech and smart energy solution company that makes affordable, reliable and clean
Challenges of Designing Sales Incentive Programs for the Motor Retail Industry
Designing sales incentive programs for the motor retail industry – whether for your own sales force or a channel partner – presents several unique challenges due to the complexity and variability of the market. It’s a task requiring specialised skills and expertise in incentive and technology design that few businesses have in-house for either the
From Tetris to Triumph: Navigating Cloud Complexity with Strategic Planning
Planning a cloud strategy is a bit like playing infrastructure Tetris. It is a behemoth task where multiple moving parts need to come together to create a single picture. This is especially true for IT shops that aren’t reliant on a single environment but rather support a mix of on-premises and public cloud resources. The
Lenovo Unveils New Yoga and IdeaPad Devices at Innovation World 2024
Today, Lenovo announced its newest additions to its Lenovo Yoga and Lenovo IdeaPad portfolios at Lenovo Innovation World 2024, designed to enhance user productivity and creativity through the power of AI. Models include additions to the Lenovo Copilot+ PC portfolio. These new products promise to revolutionize the way consumers create, ideate, and produce, offering a
FedEx Showcases Aerospace Logistics Innovations at AAD 2024
Federal Express Corporation, one of the world's largest express transportation companies, showcased its tailored solutions at the Africa Aerospace and Defence (AAD 2024) expo at Waterkloof Air Force Base in Pretoria from September 18 – 22. AAD 2024 was expected to draw a record 80,000 attendees, underscoring how the continent’s aerospace and defence sector is
Kaspersky detects over 1 million daily tracking attempts
Kaspersky's latest analysis of the 25 most prevalent web tracking services, including Google services, New Relic and Microsoft, has revealed over 38 billion instances of web trackers collecting user behaviour data in 2024, with an average of one million detections per each day. Web tracking involves collecting, storing, and analysing data on users' online behaviour.
Vodacom Business accelerates the growth of smart cities in South Africa
In its commitment to digitalising critical enterprise sectors, Vodacom Business is working with local governments to provide technology solutions to help make South African cities smarter. Announcing the partnership, which forms part of a five-year Transversal Contract with the National Treasury, Vodacom Business showcased the significant role digital solutions can play in enabling municipalities to deliver
See The QD-Mini LED Difference With TCL 4K TVs TCL continues to push display technology further
Johannesburg, 01 October, 2024: Over the years, TV manufacturers have been perfecting the art of bringing visuals to life, and TCL has emerged as a leader in this craft with its QD-Mini LED technology, particularly in the C855 model. But what exactly is QD-Mini LED, and how does it deliver the best viewing experience you've