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Telkom partners with the South African Government
Telecommunications company, Telkom and South African government are in talks to partner in rolling out broadband products amid buyers gunning to bid for the telecom company’s assets. According to Moneyweb, Minister of Communications and Digital Technologies Mindli Gungubele said, the partnership will include Telkom’s businesses such as the Openserve fiber unit, infraco SOC which is

STRONG INVESTOR DEMAND DRIVES ABOVE-TARGET FINAL CLOSE FOR INFRA IMPACT INVESTMENT MANAGER
Infra Impact Investment Managers (“Infra Impact”), a leading SA private markets investment firm, is pleased to announce that the Infra Impact Mid-Market Infrastructure Fund 1 (“the Fund”) exceeded its fundraising target, reaching a successful final close at ZAR 2.15 billion (USD 115 million). The final close marks a momentous occasion for Infra Impact as the

Leaked Google Pay Data Reveal Their Engineers' Huge Salaries
In 2022 Google’s internal spreadsheet containing data of their over 12,000 employees was leaked to Business Insider. The data showed that the median total compensation was $279,802, with their top software engineers leading those who earn the highest with a maximum base salary of $718,000 last year. The spreadsheet shared the salaries of U.S. workers

WhatsApp’s Broadcast Channels Features Now Available in Seven More Nations
Meta-owned messaging platform, WhatsApp now allow users to receive updates from some of their favourite brands and institutions that are not in their personal contacts. The new feature will be in a new section of the app called “updates”, the new update will work similarly to the news feeds on other social media platforms like Twitter.

RSM South Africa merges with domestic South African accounting services firm Ngubane Johannesburg
The leading provider of assurance, tax and consulting services to middle market businesses, RSM International, announced a merger between RSM South Africa and Ngubane Johannesburg a South African professional services firm. According to RSM, the merger will drive growth internationally through technology and deep sector specialisms. With both companies coming together will create an annual

Good news for Vodacom as 49 stolen batteries are located and returned
Battery theft has become a top concern among mobile network operators given that their ability to deliver on their uptime customer promises, depends on back-up power supply that batteries provide during power outages at mobile base stations. However, network providers are pushing back. Vodacom in conjunction with a specialised security firm recently managed to recover 49 of their stolen

Impact report show Innovators Trust Youth and Vodacom Foundation’s Youth Entrepreneurship Programme making a positive change on youth unemployment
A recent impact report of the Youth Entrepreneurship Programme (YEP), run by the Innovator Trust in partnership with Vodacom Foundation, shows the progress the programme has made in its mission to alleviate youth unemployment in South Africa. At just over 51%, South Africa has the second-highest youth unemployment rate as of 2022. Not only does

SA’s Crypto Wallet Launched New Payments System For MTN, Takealot, Woolworths and Engen
Crypto wallet has created a new way South African customers can use their cryptocurrency to buy products from selected stores in the country. A Cape Town-based tech start-up Momint which is backed by Rob Hersov, has launched a blockchain wallet that allows customers to use their cryptocurrency at more than 10,000 retailers across South Africa.

Intel and Ericsson collaborate to advance Optimized 5G Infrastructure
Ericsson (NASDAQ: ERIC) and Intel have collaborated to utilize Intel’s 18A process and manufacturing technology for Ericsson’s future next-generation optimized 5G infrastructure. According to reports Intel lost its lead in manufacturing the smallest and most power-efficient semiconductors to its rival TSMC and others. As part of Ericsson and Intel, intel will manufacture custom 5G SoCs

Apple Advanced Into AI Chatbots using AI Chatbot
Apple is reportedly exploring artificial intelligence tools to compete with OpenAI, Google and Microsoft. According to Bloomberg, the company has created an internal chatbot called “Apple GPT” that enables employees to test upcoming features, sum/arise texts, and respond to queries based on the data it has learned from. Apple plans to make an AI-related announcement

HUAWEI Unveils the Highly Anticipated Next Gen Smart Wearable Series HUAWEI WATCH 4, GT 3 SE, Fit SE and the HUAWEI Band 8
HUAWEI South Africa, a global leader in innovative technology solutions, on Tuesday 25, July 2023 redefined the smartwatch experience for consumers in South Africa with the launch of its much-anticipated wearable series. The tech giant not only launched one watch but unveiled four remarkable models in the series, each catering to diverse lifestyles and preferences.

The NEOM McLaren Formula E Team Names Cybersecurity Leader Trend Micro Official Partner
Global cybersecurity leader Trend Micro Incorporated (TYO: 4704; TSE: 4704) has been named an Official Partner of the NEOM McLaren Formula E Team. The multi-year partnership aligns the brands’ innovative cultures, focus on speed and acceleration and commitment to securing complex and dynamic environments whether that be across an electronic vehicle or a global enterprise.

Elon Musk’s Starlink Launches in Kenya
Satellite internet service Starlink is officially available in Kenya, making Kenya the sixth African country the internet service is currently operating. The Elon Musk-owned service aims to reach across Africa. Starlink started operating in Nigeria followed by Mozambique, Rwanda, Mauritius, and Sierra Leone. It is currently accessible in 54 countries worldwide and offers its services

bp Southern Africa named Top Empowered Company in Education and Skills Development
bp Southern Africa (bpSA) has been named the Top Empowered Company in Education and Skills Development and was also a finalist in the Diversity Equity and Inclusion in the Workplace category at the Top Empowerment awards ceremony at the Indaba Hotel in Sandton on 20 July 2023. “Being recognised as the Top Empowered Company in

Apple Faces $1 Billion Lawsuit Over App Store Fees
On Tuesday Apple has been slapped with a $1 billion class action lawsuit in the UK from over 1500 app developers over claims that its fees amount to “abusive pricing.” According to the academy behind the legal action, Apple charges some app markers exorbitant commission rates of 15-30%. The in-app payment system has been criticised

MyCover.ai, Nigerian Insurtech Start-up Raises $1.25 Million in Pre-seed Round
A Nigerian-based company, MyCover.ai an insurtech start-up has secured a $1.25 million in pre-seed funding round. According to the start-up company, the funding will be used to expand the reach of its product, into other African markets. The company was founded by Adebowale Banjo, Alexander Igwe-Ifendu, Fred Ebho in 2021. MyCover.ai aims to tackle “pain

REVIEW: Huawei Nova Y91 Best Phone Innovation for the Young and Adventurous
The HUAWEI nova Y series understands the demands of young, creative individuals and strives to provide an improved experience, tailored to their needs. Never mind that this phone is all about exquisite aesthetics, smooth performance, and reliable quality, the HUAWEI nova Y series delivers an experience that seamlessly merges technology with fashion, giving you that

Kasha, Rwandan Health-Tech Start-Up Raises $21 Million in Funding
Africa-focused female-led health-technology company Kasha, has raised about $21 million in a series B-investment round led by Knife Capital, a Cape Town-based company. “With series-B funding, Kasha is scaling its operations into South and West Africa to be Africa’s leading digital health access platform,” Knife Capital said in a statement on Monday. Kasha was established

Apple Aims To Keep Shipment Steady Amid Faltering Global Economy
Apple plans on to produce 85 million units of iPhone 15 this year, which is in line with last year, according to reports. The Cupertino, California-based company aims to keep the shipment steady amid the faltering global economy and decline of the smartphone market. According to a source, Apple plans to increase the price for

TOP EMPOWERMENT AWARDS 2023 CELEBRATES SOUTH AFRICA'S TRANSFORMATION PIONEERS
The 22nd annual Top Empowerment Awards Ceremony, presented by Topco Media in association with Impumelelo Top Empowerment Companies, was held at the Indaba Hotel in Johannesburg on the evening of 20 July 2023. The awards ceremony celebrated and honoured South Africa's Purpose-Led Transformers, recognising their commitment and accountability to securing a transformed and empowered future
