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Central Bank of Kenya Cracks Down on Flutterwave, Chipper

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Facebook Owner Reports First Ever Revenue Drop

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3 Ways to Unlock the True Potential of Wi-Fi Networks Beyond Internet Access

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Safaricom to Start Offering Coding Lessons for Kids in Kenya

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Airtel Reports 13% Revenue Growth for the Second Quarter

Sourced from Comms MEA Airtel Africa, a telecommunications company, has reported a 13% revenue growth for the second quarter of 2022. Total revenues, for mobile services and mobile money services combined, grew in Nigeria by 18.3%, in East Africa by 14.1%, and in Francophone Africa by 11.7%. On its own the mobile money service grew by 26.5%, driven by growth of 26.9% in East Africa and 25.4% in Francophone Africa. The company’s operating profit grew by 20.6% to $425 million. Segun Ogunsanya, CEO of Airtel, expressed that he is pleased with the results. “I am pleased to report that the Group has continued to post double-digit revenue growth, margin improvement and strong earnings growth. I am also particularly pleased with our ongoing strengthening of the balance sheet which continued after...

Shoprite Group Takes its Petshop Brand Online

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Digital Payments: Survey Reveals 35% South Africans Faced Phishing Scams

Image sourced from isnews.stir.ac.uk According to the Kaspersky Digital Payment survey, 35% of respondents from South Africa faced phishing scams when using online banking or mobile wallet services. 43% have personally encountered fake websites, and 59% experienced scams (via texts or calls) using social engineering. When asked about awareness of threats against digital payment methods, the majority of respondents from South Africa report that they are aware of both financial phishing attacks (94%) and online scams (95%). 78% also stated that they are informed about banking malware on PCs and on mobile. This type of malicious software steals money from users’ bank accounts. However, 98% think that banks and payment companies should educate users more about the threats online. When it comes...

Google to Grant Police Access to Smart Home Footage Without Warrant

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Paratus Opens New Data Centre in Namibia

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Dell XPS 13 Plus Now Available in South Africa – Price + More

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Safaricom Scoops Up 400 Developers in Kenya to Stave Off Competition

Safaricom, Kenya’s top telecom group, has reportedly hired 400 software developers in 2022 to keep up with the demand for digital talent as other digital business competitors set up shop in the country. According to Business Daily, the new hires are 6.4 percent of Safaricom’s 6,230 permanent, temporary, and contracted employees at the end of last year. The mobile operator’s CEO, Peter Ndegwa, said that the company is expanding its technical staff as it is gravitating toward offering a wide range of IT-linked services including an e-commerce platform on the M-Pesa Super app, loans, wealth management, and savings and insurance. The African mobile giant says it wants to transform from a connectivity business to a technology business. “The technology side of the business is becoming bigger, th...

Sponsored: What is CBD and How Can it be Beneficial to Your Health?

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