Browse every article
10,660 articles
Nigerian Fintech Eyowo Reinstated by Central Bank of Nigeria
Nigerian fintech company Eyowo has achieved a significant milestone with the full reinstatement of its license by the Central Bank of Nigeria (CBN). This development marks a crucial turning point for the company, which has navigated considerable challenges in recent times. Yomi Adedeji, CEO of Eyowo, shared the news on social media platform X, expressing
Kenyan Youth Protests– Don’t mess with our Digital Services!
Wide ranging protests were arranged in Kenya over the weekend, and have continued into the week to protest the recently proposed new Finance Bill 2024, with many calling for the resignation of president Ruto. The bill, that has not yet been signed into law yet, but has been signed off by the Kenyan parliament, will
WhatsApp Rolls Out Major Updates and AI Features in 2024
Meta Platforms-owned WhatsApp has been actively enhancing its platform in 2024 with a series of updates, including a redesigned interface, AI-powered features, and various quality-of-life improvements. Redesigned Interface One of the most significant updates in 2024 is the redesigned user interface. In early May, WhatsApp introduced a refreshed look with a new shade of green
Managing skills relevancy amidst the STEM talent crunch
The labour market continues to evolve as technology solutions such as AI advance at pace. Building and maintaining talent that can remain relevant during this evolution is crucial especially when we consider local youth unemployment rates, and the global STEM talent crunch, this youth development month. In 2018, Korn Ferry predicted a global technology labour skills
The Role of Fintech in Empowering Africa's Underserved Communities
Africa is witnessing a groundbreaking surge in financial technology (Fintech) innovation, rapidly unlocking a continent brimming with economic potential. Despite a largely unbanked population and limited traditional infrastructure, Africa's mobile phone penetration and youthful, tech-savvy demographic have created a fertile ground for Fintech solutions. From fostering financial inclusion through mobile money platforms to revolutionising lending
AWS Announces $230 Million Commitment to Support Global Generative AI Startups
Amazon Web Services (AWS) has unveiled a major $230 million initiative aimed at bolstering startups worldwide in developing generative AI applications. This comprehensive support package will provide early-stage companies with AWS credits, mentorship, and educational resources to enhance their AI and machine learning capabilities. A substantial part of this investment will be directed towards the
Discovery Declines Support for Apple WatchOS 11's Pause Feature in Vitality Active Rewards
Discovery has announced that it will not integrate the new pause feature in Apple’s WatchOS 11 Health app into its Vitality Active Rewards programme. The pause feature, designed to allow users to temporarily halt their activity streaks due to injury or rest days, will not impact how Vitality Active Rewards are measured on the Apple
Competition Commission Approves R1.07 Billion Deal for AWIC to Acquire 20% of Mall of Africa
The Competition Commission has given the green light to a significant transaction involving the Attacq Waterfall Investment Company (AWIC). The deal, valued at R1.07 billion, enables AWIC to acquire an additional 20% stake in the Mall of Africa. The Mall of Africa, which opened on April 28, 2016, is a landmark development in South Africa.
Meta Platforms Discusses Integrating Generative AI with Apple’s New iPhone System
Meta Platforms, the parent company of Facebook, is reportedly in talks to integrate its generative AI model into Apple's newly announced AI system for iPhones, according to the Wall Street Journal on Sunday. This development comes as Apple seeks to incorporate technology from various AI companies into its devices, including a potential collaboration with long-time
Johannesburg Appeals High Court Order to Settle R1.1 Billion Debt to Eskom
The City of Johannesburg (CoJ) and City Power have announced their decision to appeal a High Court order requiring them to settle a R1.1 billion debt to Eskom. This appeal follows a ruling on Thursday, 20 June 2024, by the Johannesburg High Court mandating the payment for various unpaid electricity bills. In their statement on
Africa Data Centres Secures R2-Billion Funding to Expand Capacity in South Africa
Africa Data Centres, a subsidiary of Cassava Technologies, has successfully secured R2-billion in funding arranged by Rand Merchant Bank (RMB). This significant financial boost aims to expand the data centre operator's capacity, addressing the surging demand for cloud computing services in South Africa, according to a company statement. RMB facilitated a bespoke financing solution tailored
Niger's Military Government Revokes French Uranium Mining License
The military government of Niger has revoked the operating license of Orano, a French nuclear fuel producer, at one of the world's largest uranium mines. This development, announced by Orano on Thursday, underscores the growing tensions between Niger's ruling junta and France, the former colonial power. The junta, which seized power in a coup in
HONOR 200 Lite 5G: AI-Empowered Portrait Photography Unearthed
When searching for a new smartphone, it's often a challenge to find one that excels in both camera quality and user experience. However, with the soon to be launched HONOR 200 Lite 5G, it seems HONOR has discovered a rare gem that seamlessly combines top-notch camera features with an intuitive interface. This device offers the
Future of digital currency in SA – will cash finally meet its match?
With cold hard cash still accounting for the majority of the total value of transactions, South Africa remains a predominantly cash-based economy. However, the proportion of cash versus digital currency is shrinking – slowly, but nonetheless surely. And, with more territories around the world edging closer to the establishment of Central Bank Digital Currencies (CBDCs),
Axis celebrates 40 years with sustainability woven into future success
Axis Communications, a leader in network video, is proudly celebrating four decades of innovation and excellence in the video surveillance industry as it affirms a rigid commitment to the environment and meeting its ambitious sustainability targets. As it marks its 40th milestone, it has announced the publication of the Axis Sustainability Report 2023 and confirmed
Apple Withholds New Technologies from European Union Amid Regulatory Concerns
Apple Inc. has announced that it will withhold a range of new technologies from consumers in the European Union, citing concerns over the bloc’s regulatory measures aimed at controlling Big Tech. The company stated on Friday that Apple Intelligence, iPhone Mirroring, and SharePlay Screen Sharing would not be available to EU users this year. The
Telkom Reduces Workforce by 51,360 Jobs Over 25 Years Amid Restructuring
Telkom, South Africa's largest telecommunications employer since 1994, has significantly reduced its workforce over the past 25 years, cutting 51,360 jobs. According to Telkom’s annual results for the year ending March 31, 2024, the company now has 9,877 employees, a 15% decrease from the previous year's 11,624. The recent job cuts are part of a
South Africans Embrace a Global Mindset to Secure their Family’s Future
Exploring the socioeconomic dynamics that are changing how South Africans are organising their wealth, employment and families. Research corroborated via multiple domestic and international authoritative sources – including SARS, the SARB, DTIC, IEASA, SAICA, the OECD, World Bank, New World Emigration, Henley & Partners, and HSBC – reveals how wealthier South Africans are globalising their
Hewlett Packard Enterprise and NVIDIA Unveil ‘NVIDIA AI Computing by HPE’
Hewlett Packard Enterprise (NYSE: HPE) and NVIDIA today announced NVIDIA AI Computing by HPE, a portfolio of co-developed AI solutions and joint go-to-market integrations that enable enterprises to accelerate adoption of generative AI. Among the portfolio’s key offerings is HPE Private Cloud AI, a first-of-its-kind solution that provides the deepest integration to date of NVIDIA
From your living room to billions: How to build your app empire at home
We see them all the time, success stories about someone who started an app in their living room and is now selling it for billions. Apps were the future in 2010, now they are the building blocks of our digital lives. With a youth unemployment rate of 44.3%,according to Stats SA, app building can offer a valuable escape hatch