Mobile money services have transformed the lives of many people across the African continent but taxation policies pose a significant challenge to the financial inclusion gains made by these innovations In an increasingly digital economy, accelerated by the Covid-19 pandemic, there has been greater collaboration between the private sector and governments in Africa to further...
Month: <span>March 2023</span>
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Disaster recovery essential for survival in high stage loadshedding
With some analysts predicting that Stage 7 loadshedding will be the norm by July this year, and Eskom itself having said that rolling blackouts are likely to continue until at least 2027, South African businesses that don’t have IT system disaster recovery plans are vulnerable to business interruption, data loss, reputational damage, and loss of...
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Premier League clubs set to ban front-of-shirt betting sponsorship
Premier League clubs are set to agree to ban gambling companies from advertising on the front of their shirts. The proposal, under which front-of-shirt sponsorship by betting firms would be banned but sleeve deals still permitted, is on the agenda at a top-flight shareholders’ meeting on Thursday. It is expected that the clubs will support...
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REPORT | Trump to face criminal charges – Politics, Sex money and MAGA
Donald Trump, the ex-president and frontrunner to be Republican nominee in 2024, is set to face a mug shot, finger-printing and court appearance next week after being indicted over a probe into hush money paid to a porn star in a historic U.S. first. The possible spectacle of Trump’s appearance in Manhattan on Tuesday before...
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Cell C, Douglas Stevenson resigned from his position due to personal reasons
The CEO of Cell C, Douglas Stevenson, has resigned from his position due to personal reasons and to pursue other opportunities in line with his personal career goals. This was announced by Cell C’s board in a letter to the company’s shareholders. Stevenson will serve until 31 March 2023. Joe Mthimunye, chairman of the Cell...
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OPINION | Discovery Group CEO Adrian Gore’s views on Mzansi – We need action, not despair
Right now, times are tough for every South African. Every person I speak to is concerned and despairing; there is a deep sense of futility. The power crisis, combined with the physical decay and widespread corruption, has eroded hope and replaced it with despondence, and one thing seems to follow another. Against this backdrop, I’m...
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5 Reasons you should Invest in an offshore Crypto bank Account writes Seamus Rocca
Financial institutions on both sides of the crypto fence are having a tough time in the current global economic and political climate. But does this picture mean we should hide our money under our beds or forever stay with the old fashioned bank down the street? Quite the contrary, says Seamus Rocca, CEO of global...
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Fez Delivery, a techstars-backed logistics startup announces Seed raise of $1 million led by Ventures Platform
Fez Delivery, a leading logistics and delivery company, announced its $1 million seed round today. Ventures Platform led the funding round, with participation from Voltron Capital, Acasia Ventures (formerly Cairo Angels), and other angel investors. This funding announcement follows Fez Delivery’s acceptance as one of the only two logistics companies in Nigeria to have received...
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Hitachi Energy high-voltage technology strengthens northern Namibian electricity backbone
As a pioneering technology leader that is advancing a sustainable energy future for all, Hitachi Energy is delivering a comprehensive range of high-voltage equipment to leading hydropower construction company Sinohydro Corporation Limited, to enhance NamPower’s Kunene and Omatando substations in northern Namibia. In order to meet Namibia’s rising electricity demand, NamPower, the country’s bulk electricity...
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Senegal develops its national data strategy in partnership with Smart Africa and GIZ
As part of the Senegal Digital Strategy 2025 (SN2025), and in partnership with Smart Africa and GIZ via its Data Economy project, the Ministry of Communication, Telecommunications and Digital Economy (MCTEN) completed on Friday, March 24, the observation and brainstorming consultative workshop as part of the process to equip Senegal with a national data strategy...