TikTok plans to shut U.S. operations of its social media app used by 170 million Americans on Sunday, when a federal ban is set to take effect, barring a last-minute reprieve, people familiar with the matter said on Wednesday. The Washington Post reported President-elect Donald Trump, whose term begins a day after a ban would...
Year: <span>2025</span>
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Lightfield Partners launches Digital infrastructure Real Estate Financing Initiative
Lightfield Partners launch Digital Infrastructure Financing Initiative (“Lightfield DiFi”), an innovative extension of its pioneering investment strategies in the renewable energy space. With Lightfield DiFi, digital infrastructure developers and owners (“Infrastructure Developers”) can obtain cost-effective financing focused on the value of their land and real estate holdings (including data center powered shells). Lightfield, co-founded and...
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Apple in talks with Barclays to replace Goldman in credit card deal
Apple is in talks with Barclays to replace Goldman Sachs as the tech giant’s credit card partner, said two sources familiar with the matter, as the Wall Street giant steps back from its consumer finance ambitions. Credit card issuer Synchrony Financial is also in discussions with Apple about the card partnership, the first source said. Both sources declined to...
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UK competition watchdog to investigate Google search services
Britain will use new regulatory powers to investigate Google’s (GOOGL.O) search services to see how they impact consumers and businesses, including advertisers and rivals, following U.S. calls to break up the tech giant. The Competition and Markets Authority (CMA), which gained a wider remit over big tech this month, said search was vital for economic growth and...
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OPINION | The Just Energy Transition in Africa: Lessons from South Africa and Senegal
Just Energy Transition Partnerships (JETP) have been introduced in recent years to provide financial support to developing nations as they transition away from fossil fuels. In 2021, during the 26th UN Climate Change Conference of the Parties (COP26), South Africa became the first nation to sign such a deal. Senegal and the International Partners Group (IGP)...
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Vodacom and Orange create a joint venture to expand network coverage in rural areas in the Democratic Republic of Congo (DRC)
Vodacom and Orange have joined hands to form, a first of its kind, rural towerco partnership in Africa. Through this partnership, the companies will collaborate to build, own, and operate solar-powered mobile base stations in underserved areas of the Democratic Republic of Congo (DRC). The initiative will extend network coverage and enable access to telecommunications...
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OPINION | New Year, Same Goals? Why 90% of Resolutions Fail writes Alvin Govender
Without intending to be ‘the Grinch’ now that the festive season has passed, professional performance and business coach Alvin Govender takes a humorous, but realistic, view on goal setting now that 2025 is here. “Dear January, please be kind…” Every December, millions the world over fret about what ambitious resolutions to make. Furiously jotting down ‘the goal’...
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Mukuru launches mobile wallet in Zimbabwe to bolster financial inclusion
Next-generation financial services platform Mukuru has launched a mobile wallet in Zimbabwe called Mukuru Wallet. The secure digital store of value follows Mukuru’s award of a Deposit-Taking Microfinance Institution (DTMFI) licence in Zimbabwe by the Reserve Bank of Zimbabwe. Building on Mukuru’s trusted capabilities, which support more than three-million Zimbabwean customers, the wallet has several...
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CMC Networks appoints Paolo Gambini as Chief Revenue Officer to Accelerate Strategic Growth
CMC Networks has appointed Paolo Gambini as its new Chief Revenue Officer (CRO). Gambini joins CMC Networks from his prior role as Head of Enterprise Sales at Arelion, where he spent over five years leading global sales initiatives. He brings more than 25 years of telecommunications experience and expertise to CMC Networks to continue to...
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Disney Inc appoints Tony Chambers president of Disney in Europe, Middle East and Africa
Walt Disney has named Tony Chambers president of Disney in Europe, Middle East and Africa, as part of a restructuring of its entertainment businesses in the region, the company said Tuesday. Chambers, former head of theatrical distribution, will assume the new role in February, overseeing Disney’s streaming, ad sales, studio marketing, theatrical distribution and sports...