On the 25th of January, Techstars Seattle announced its 12th class, featuring 10 startups from different parts of the world. The accelerator, which has accepted only a handful of African startups, included one from Zimbabwe in this class. AfriBlocks is a global pan-African marketplace of vetted African freelance professionals. The startup was founded by Tongayi Choto and Roger Roman in July 2020 and...
Day: <span>5 March 2021</span>
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FirstRand Declares Dividend after Unexpected Profit Growth
FirstRand became the first banking group to declare a dividend after the SA Reserve Bank’s Prudential Authority lifted its effective ban on dividends last month. The group – which owns First National Bank (FNB), RMB and Wesbank – reported a 20% fall in its half-year headline profit (to R11.1 billion). “Since June 2020, earnings have recovered faster than expected...
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WhatsApp’s Desktop App has Now Added Video and Voice calls
According to TheVerge, WhatsApp’s desktop app for Mac and PC is getting voice and video calling today, the company announced, offering end-to-end encrypted calls to other WhatsApp users on both computers and mobile devices. Voice and video calling isn’t a new idea for WhatsApp: the mobile apps for Android and iOS already offer the feature,...
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Square Buy Jay-Z’s Music Streaming Service for $297 mn and Appoint him to Board
Jay-Z acquired Tidal for $56 million in 2015 and announced plans to turn it into the first artist-owned streaming service. Square Inc. has agreed to buy a majority stake in Tidal, the streaming music service led by rapper Jay-Z, as part of an effort to expand the company’s suite of financial tools to musicians and...