News

Linked to conspiracy theories around 5G roll-out and the spread of Covid-19. Mobile telecommunications infrastructure belonging to MTN and Vodacom has been torched and destroyed in KwaZulu-Natal, possibly as the …

The Kenya Revenue Authority (KRA) is expecting to earn up to 5 billion Kenyan shillings ($45.5 million) during the first half of 2020 from a new tax that targets cryptocurrency …

TradeDepot, a supplier to Nigeria’s informal retail stores, plans to expand from Lagos to achieve nationwide coverage this year, co-founder Onyekachi Izukanne tells The Africa Report. The company will need …

Kenya’s largest telecom operator, Safaricom, announced on Tuesday that it will suspend deployment of its new Huawei-powered fifth-generation (5G) mobile network. The news came as a surprise to many, given …

The number of stolen bitcoins that were publicly reported in 2020 dropped to 4,472 coins or 0.02% of the digital asset’s circulating supply. This new figure represents a 92% drop …

Investment banking giant JPMorgan has called a long-term bitcoin price target of over $146,000 based on the assumption that the cryptocurrency will grow in popularity as an alternative to gold, …

Jack Dorsey in an open letter on Monday criticised the US government over the proposed cryptocurrency regulation. At the hearing which was preceded by 50 attorneys general and other state …

Different styles of money management excel at different times. If there’s one thing investors have been reminded of in 2020, it is that investing is certainly not a linear journey. …

Bitsika Africa, a crypto startup operating out of Ghana and Nigeria, said Monday that it processed almost $40 million in remittances in 2020, up from just under $1 million the …

Banks with higher risks exposures will start paying increased premiums to the Kenya Deposit Insurance Corporation (KDIC) starting July 1 following the expiry of the one-year suspension due to the …