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MTN Nigeria to disconnect unverified subscribers
MTN Nigeria is set to disconnect customers who have not adhered to the new national identity regulations, following an industry-wide directive from the Nigerian government. In April 2022, the Nigerian Communications Commission (NCC) mandated all operators to restrict outgoing calls for subscribers whose SIMs are not linked to their national identity numbers (NINs). MTN, in
Comcast confirms hackers stole data of close to 36 million Xfinity customers
Reports have confirmed that Comcast has officially acknowledged a security breach that exposed sensitive information of nearly 36 million Xfinity customers. According to Tech Crunch, the breach stemmed from the exploitation of the "CitrixBleed" vulnerability, a critical-rated security flaw affecting Citrix networking devices commonly used by major corporations. Hackers had been leveraging this vulnerability since
Apple set to stop selling its latest smartwatches in the US because of patent dispute
Apple is set to cease sales of its latest smartwatch models, the Apple Watch Series 9 and Ultra 2, in the United States due to an ongoing patent dispute. This move, which comes just ahead of the busy holiday season, follows an October ruling by the International Trade Commission (ITC) that Apple infringed on Masimo
Adobe calls off $20-billion Figma deal
Adobe announced on Monday that it has abandoned its $20-billion cash-and-stock deal to acquire the cloud-based designer platform Figma. The decision was attributed to the absence of a clear path for approvals from antitrust regulators in the European Union (EU) and the United Kingdom (UK). The deal, initially disclosed in September of the previous year,
Apple now worth the same as the French stock market
The upward momentum in Apple, the world's most valuable publicly traded company, continues unabated. Following a record-high closing on Wednesday, Apple's market value is now approaching that of France, Europe's largest stock market. As of Wednesday's close, the combined market value of companies listed in Paris stood at about US$3.2 trillion, slightly surpassing the technology
E-commerce Strategy launches in Kenya
Kenya has unveiled its National E-Commerce Strategy, a collaborative initiative involving the government, private sector stakeholders, and industry experts. This strategic move aims to streamline the rapidly expanding e-commerce sector in response to the flourishing digital economy. The National E-Commerce Strategy reflects Kenya's commitment to becoming a regional hub for e-commerce, positioning it as a
Introducing the HUAWEI MateBook D 16 2024: Your Lightweight Powerhouse for Work, Play, and Learning
HUAWEI has announced the release of the new HUAWEI MateBook D 16 2024. The laptop retains its 16-inch large screen real estate, is now lighter and yet still just as powerful, adding a boost of power to its 13th Gen Intel® Core™ i9-13900H Processor with the Dual Shark Fin Fan technology and up to 70
OMAI fuels South Africa's renewable energy drive with major investment in solar power storage project
In a significant boost to South Africa's renewable energy sector, Old Mutual Alternative Investments (OMAI) today announced a substantial investment in the country’s energy infrastructure today of approximately R158 million through its Hybrid Equity division. This deal comes hot off the heels of the world’s largest congress on climate change, COP28, where African leaders emphasised
Digital Mall’s Pan-African Partnership with ayoba to Create Connected Experiences across the Continent
Digital Mall, a digital department store defined by exclusivity and accessibility, has partnered with ayoba, a pan-African super-app with millions of users. The aim of this partnership is to deliver a cohesive ecosystem of digital services designed to empower merchants and drive entrepreneurship across the continent. It is a partnership that recognises the value of African
Sun International set to buy Emperors Palace Resort
Sun International has unveiled plans to acquire all the issued ordinary shares and any claims on loan accounts against Peermont Holdings Proprietary Limited. The agreement, yet to determine the exact cash consideration payable, is valued at an enterprise value of R7.3 billion for Peermont. Peermont, renowned for its flagship Emperors Palace Resort in Johannesburg, operates
Mr. Dan Marokane appointed as GCE of Eskom Holdings
The South African National Energy Development Institute (SANEDI) extends a warm welcome to the appointment of Mr Dan Marokane as the Group Chief Executive Officer of Eskom Holdings. As an essential State-Owned Enterprise (SOE) falling under the Department of Mineral Resources and Energy (DMRE), SANEDI is eager to collaborate closely with Mr. Marokane and his
Qualcomm completes first year of Africa Innovation Platform
Qualcomm Incorporated today announced the completion of the first year of the Africa Innovation Platform, a suite of mentorship, education, and training programs created to support the development of Africa’s emerging technology ecosystem. The platform has provided resources and support for local universities, ten small-to-medium sized startups, and grant participants. The program exposed these groups
In another first, CCI South Africa opens a new contact centre in Umlazi
In another South African first, Business Procurement Outsourcing (BPO) industry leader CCI South Africa officially opened its new Umlazi contact centre at Umlazi Mega City today. This new building reflects the company’s desire to make it easier for its employees to get to work, and for people from previously disadvantaged communities to take advantage of
Finding payment solutions that support students and educators alike
Education is a cornerstone of our country’s future success, yet the burden of tuition fees, combined with the current cost-of-living crisis, are the cause of a great deal of stress and anxiety for parents and students. At the same time, student debt is a worrisome burden for tertiary education institutions. In January 2023, tertiary education
A service-led IT solutions environment in store for the channel in 2024
In recent years, Africa has been experiencing a reinvention through adopting digital transformation. Improved connectivity, the ubiquity of mobile devices, and a willingness by corporates across industry sectors to embrace hybrid and multi-cloud environments are contributing to how advanced technologies are being adopted. For channel providers, a service-led approach that enhances digital distribution capabilities can
“Share” a gift this festive season
Gifting your loved ones with traditional gifts this festive season is great, but have you ever thought of gifting shares, ETFs, ETNs or even a Unit Trust as an investment for the future and a gift that has the ability to keep on giving? This can be an even more thoughtful way to secure your
Green Energy Milestone: Ghana’s Largest Rooftop Solar Installation Earns Ministerial Approval
Powered by Sungrow, Africa’s largest rooftop solar installation has received the seal of approval from Ghana’s Minister of Energy, Honourable Dr Matthew Prempeh-Opoku during his recent visit to the project site located in the Tema Freezone, Ghana. Owned by Helios Solar Company (part of LMI Holdings), the 16.82 megawatt project utilizes Sungrow’s cutting-edge SG350HX PV
Discovery and Transformation: How the retail lessons of 2023 are shaping the trends of 2024
What lies ahead for retail in a world that smells faintly of recession with whiffs of economic depression but is driven by the overwhelming scent of innovation and emergent technology? The answer is…people. The cost of living, the nervous twitches of the global economy and the lingering recession are all having an ongoing impact on
Somalia is expected to benefit from substantial debt relief
Somalia is anticipated to achieve substantial debt relief this week, marking a historic moment that is anticipated to slash its debt-to-GDP ratio to less than 6%. This development, facilitated through the World Bank and International Monetary Fund's (IMF) Heavily Indebted Poor Countries (HIPC) Initiative, holds significant implications for Somalia's reintegration into the international financial system
South African retailers get set for R55 billion-plus showdown with Shein and Amazon
South African retailers should sharpen their in-store customer service and creating compelling omni-channel experiences to grow their market share in the face of growing competition from ecommerce giants such as Amazon and Shein. Those that get it right will be able to maintain their current customer bases, while also benefitting from a surge in interest in