The Nigeria Export Processing Zones Authority (NEPZA) is in discussions with crypto exchange Binance and technology infrastructure company Talent City to create a digital city, referred to as a “Virtual …
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MTN repays billions in foreign debt due 2024
MTN Group has settled US$300-million (R5.2-billion) in Eurobonds that were due in 2024 early, helping deleverage its balance sheet. The early repayment brings MTN’s dollar-denominated debt down to 35% of total …
- AfricaAFRICA NEWSAmazonBusinessNewsSouth AfricaSouthern AfricaSpotlightTechnologyTransportation & Logisitics
BMW previews all-new i7 in South Africa
BMW South Africa previewed its latest luxury class vehicles, including the all-new electric i7 xDrive60, on Wednesday, 31 August 2022. While the i7 xDrive60 boasts impressive performance stats for a …
- AfricaAFRICA NEWSAmazonBusinessNewsSouth AfricaSouthern AfricaSpotlightTechnology
New rules for .ZA domain in SA could damage the brand in favour of competitors like .COM
The Internet Service Providers’ Association of South Africa (Ispa) has warned that proposed new domain regulations could severely damage the .ZA brand. The .ZA Domain Name Authority (Zadna) has suggested …
The value of PoS, Point of Sale transactions in Nigeria has jumped 39 per cent to N8.03tn in 2022, according to data obtained from the Nigeria Interbank Settlement System. The …
- AirtelBanking, Finance & InvestmentEastern AfricaEconomy
Kenya’s Third GDP is handled by Mobile money agents in six months
One in every three shillings spent by consumers, businesses, and the government in Kenya in the first six months of the year moved through mobile money, cementing the country’s position …
- AfricaAFRICA NEWSAmazonBusinessNewsSouth AfricaSouthern AfricaSpotlightTechnology
Amazon opens new office in Johannesburg to support South Africa’s growing cloud market
Amazon Web Services (AWS) has opened a new office in Johannesburg, to support growing demand for AWS technology in the country. “The new office will support South Africa’s burgeoning cloud …
- BusinessEconomyMoroccoSanlam
Sanlam Maroc’s operations yielded 8.3% Annual increase in Turnover at the end of the first half of 2022
Sanlam Maroc, an insurance company that recently rebranded from its original name “Saham,” has indicated that it saw an 8.3% annual increase in turnover at the end of the first …
Makro owner Massmart witnessed a billion-rand loss over the 26 weeks ended 26 June 2022 and despite this, its online platforms have performed well. The company believes it will be prepared …
- BusinessSouthern AfricaTransportation & LogisiticsUBER
Gauteng’s e-hailing partner drivers slam Uber over failure to address concerns.
Gauteng’s e-hailing partner drivers criticizes last week’s mediation meetings facilitated by the provincial government which failed to address their concerns. they also slammed their working relationship with Uber and Bolt …