IT
Telkom Reports a Decline in its Revenue
Image sourced from News24 On Tuesday, Telkom SA published annual financial results for the year ended 31 March 2022 and it reported that its revenue dropped 1.1% to R42.8 billion ($2.7-billion). According to Tech Central, the telecommunications group is blaming tough competition and the weak economy for this poor performance. Telkom says despite this decline it has managed to deliver a stable EBITDA of R11.9 billion ($742.9-million) expanding the margin by 0.2ppts to 27.9%. “This was achieved through various initiatives that introduced efficiency to operations while improving the customer experience,” Telkom Group CEO, Serame Taukobong, said. Openserve increased fixed data revenue by 5.5% largely driven by the growth in carrier links. Over the period, an increase of 16.6% in fixed data con...
EdTech Company Launches Marketplace Platform for Teachers in Kenya
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Nigeria Announces New Regulations for Facebook, Twitter & Other Platforms
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How Uber & AURA Work Together to Enhance Safety
Image sourced from intelligenttransport.com Ride-hailing services, such as Uber, are transforming the way we move around. A few clicks on a smartphone can have you on your way in no time, meeting the modern consumer’s need for on-demand, accessible and convenient services. According to a recent report by Genesis Analytics and the Financial Sector Conduct Authority (FSCA), data from the South African Police Services shows that carjacking incidents have increased across the country over the past three years (2018 – 2020), jumping by a 10% compound annual growth rate (CAGR). Uber collaborated with AURA in 2018. AURA is South Africa’s security and medical response platform which currently has more than 250,000 active users. The collaboration provides drivers and riders on the Uber platform acc...
Google Engineer Claims AI Chatbot is Sentient, is Immediately Suspended
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MTN Group Appoints New Chief Risk Officer of Fintech
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Netflix Confirms ‘Squid Game’ is Coming Back for Season 2
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Netflix Confirms ‘Squid Game’ is Coming Back for Season 2
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United Bank for Africa (UBA) Redeems $500-Million 5-year Eurobond
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United Bank for Africa (UBA) Redeems $500-Million 5-year Eurobond
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Top 5 Green Energy Projects to Watch in Mauritania
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Ghana Signs Agreement with the African Development Fund for Solar Project
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