The South African Reserve Bank is Considering Launching its Own Digital (Rand) Currency. The South African Reserve Bank (Sarb) recently announced that it is commencing a feasibility study for a general-purpose retail Central Bank Digital Currencies (CBDC). “The Sarb has embarked on a study to investigate the feasibility, desirability and appropriateness of a CBDC as...
Month: <span>May 2021</span>
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Clubhouse Hires TED’s Former Executive as Head of Thought Leadership Programming
The audio platform Clubhouse has hired Kelly Stoetzel, a former TED executive to head up thought leadership programming. Its been almost two weeks since Kelly joined the social-audio clip on her new role. According to Variety website, Kelly spend 17-years at TED as executive responsible for lining up the company’s famous TED Talks. At TED, she had...
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Woolies Opened a Standalone Liquor Store in Joburg
Mzansi’s food retailer Woolworths has opened a standalone liquor store WCellar. The new store is located at Nicolway, Bryanston, Johannesburg According to news reports, the retailer said the liquor shop offers wines, beers, craft beers, ciders, and spirits. The aim is to open another WCellar store in the Gauteng region, with a view to rolling...
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President Cyril Ramaphosa Moves SA to Adjusted Alert Level 2 Starting from Today
Here is the full statement or watch the playback of President Cyril Ramaphosa’s Sunday (May 30) address to the nation on developments regarding the country’s response to the Covid-19 pandemic. WATCH The Video: Fellow South Africans, It has been some time since we last held a family meeting. When I last spoke to you, exactly...
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Tennis Star Naomi Osaka says No Press Briefings, to Prioritize Her Mental Health – Open Letter!
Tennis sensation and champion Naomi Osaka announces she will not attend any press briefings during the Roland Garros tournament in Paris, France. Osaka penned a candid open letter to her followers explaining why she’s opted out of press in an effort to protect her mental health before her matches. “I’ve often felt that people have no regard for athletes mental health...
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Oprah Winfrey and Prince Harry Talk Mental Health on Their AppleTV New Show
Prince Harry and Oprah Winfrey are to revisit their documentary about mental health with a follow-up, Apple TV+ said on Wednesday, adding that the series had brought a 25% increase in new viewers to the streaming platform. “The Me You Can’t See: A Path Forward,” will be a virtual Town Hall airing on Friday that...
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Post Office to Close 130 Branches Across Mzansi (SA)
The South African Post Office is faced with financial challenges. Post Office CEO Nomkhita Mona has confirmed that the organisation is in the process of closing about 130 of its offices across the country mainly due to financial reasons. This comes after the Post Office was declared commercially insolvent, with its 2019/2020 financial results. Speaking to the...
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Netflix on Quest to hire an Executive to Oversee its Video Gaming Division
Netflix is looking to hire an executive that could expand its gaming content, sources familiar with the situation told The Information. The streaming giant has approached multiple gaming executives in the past month, the sources told the publication. Netflix has not decided yet whether it will make its own gaming content or licence it from third-party...
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Nigerian FinTech Startup Mono, Raises $2M Seed Funding
Nigerian fintech startup Mono, has raised US$2 million to accelerate its data connectivity and financial offerings to millions of Africans in the continent. TechCrunch reports that the company — founded by Abdul Hassan and Prakhar Singh — closed a $2 million seed investment round. This announcement came just nine months after the company raised $500,000 in pre-seed capital....
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Jeff Bezos on Amazon’s Acquisition of MGM to Compete with other Streaming Services
Amazon to acquire a movie studios Metro Goldwyn Mayer (MGM) for $8.45 billion, a home to the James Bond franchise, which also owns the Epix cable channel and makes popular TV shows including “Fargo,” “Vikings” and “Shark Tank.” The transaction gives Amazon a huge library of films and TV shows and ramping up competition with streaming rivals...