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Bitcoin Arbitrage: The Story of Free Money

Bitcoin arbitrage opportunity in South Africa. You might be thinking, “What on earth is arbitrage trading?” or “I’ve heard of this before and always wondered what it is”. Whichever one you thought of, we’re going to make the understanding of what it is and how to take advantage of it as simple as possible.  OVEX – one of South Africa’s top cryptocurrency exchange and brokerage firms offers a fully managed arbitrage service, register now, sit back and make money.  What Is Arbitrage? In a nutshell, arbitrage is purchasing an asset in one market and simultaneously selling it in another market at a higher price and thus profiting on the temporary difference in price. So what is the holy grail of outperforming the market? Taking advantage of inefficiencies in the market is considered ...

2Africa: The New Subsea Cable Connecting Africa to Europe

Sourced from 2Africa.com Facebook, MTN GlobalConnect, Orange, STC, Telecom Egypt, Vodafone and WIOCC have all partnered to build 2Africa – said to be the most comprehensive subsea cable to serve the African continent and Middle East region ever. The companies have appointed Alcatel Submarine Networks (“ASN”) to build the cable in a fully funded project which will greatly enhance connectivity across Africa and the Middle East. At 37,000km long, 2Africa will be one of the world’s largest subsea cable projects and will interconnect Europe (eastward via Egypt), the Middle East (via Saudi Arabia), and 21 landings in 16 countries in Africa. The system is expected to go live in 2023 to 2024, delivering more than the total combined capacity of all subsea cables serving Africa today, with a design ...

Credence Security Chosen by ESET as Distribution Partner for Southern Africa

Steve Flynn, Marketing & Sales Director at ESET Credence Security — a leading regional distributor of specialised solutions in cybersecurity, forensics, governance, risk and compliance — has announced a new partnership with award-winning global endpoint and perimeter-protection vendor ESET to cover Southern Africa. In selecting a partner to expand its footprint in southern Africa, ESET was attracted to Credence Security’s regional reach as a Dubai-based distributor with offices in London, Nairobi, Noida and Johannesburg. And the industry leader believes that Credence Security’s portfolio will be significantly enhanced by ESET’s solutions, particularly its encryption, and endpoint-protection products. “Today, a cyber risk is a business risk,” said Steve Flynn, Sales and Marketing Direct...

The Rise of IoT in Mining

The latest research study conducted by Inmarsat found that the global mining sector is undergoing an Internet of Things (IoT) revolution with respondents reporting significant increases in adoption of connected technologies. Mining organisations reported successes in implementing projects to safeguard workers via remote tracking, monitor drilling, and observe acid mine drainage remotely. However, despite this progress, a range of challenges are hindering the sector’s ability to reap the rewards that IoT has to offer. According to the research, most organisations (65%) have fully deployed at least one IoT project, while 33% are trialling or have trialled a project, with only 2% of respondents not having begun an IoT project. Noticeably, there is considerable geographical variance in IoT ado...

Trump Lengthens Ban on Huawei

Image sourced from Al Jazeera US President, Donald Trump has extended the national emergency order that prohibits American companies from buying, selling or using any hardware from Chinese technology company, Huawei, in fear that it will result in ‘cyber-exploitation’ by China for another year. The order also means that Chinese companies do not have legal access to American technology. Bloomberg reports that this is one way the US is limiting China’s dominance over 5G networks. Huawei has repeatedly challenged claims that it operates in conjunction with the Chinese government. US-China Trade Ban: A History /* custom css */ .tdi_3_7bc.td-a-rec-img{ text-align: left; }.tdi_3_7bc.td-a-rec-img img{ margin: 0 auto 0 0; } Back in 2019, Trump claimed that Huawei is a threat to American national s...

Chatbot Uptake to Remain Robust in Nigeria

Sourced from UC Today. Nigerian firms that offer extensive customer support on their platforms are eagerly snapping up chatbot solutions to improve Customer Experience (CX) and drive down costs. This technology is becoming simpler, cheaper to deploy, and can be integrated across various chat channels. Chatbots are rapidly changing the game for many businesses, as AI-driven bots start to communicate more efficiently and effectively with end-users while giving organisations better insight into their customers. What’s more, this technology provides organisations with cost optimisation by decreasing operating expenses, in addition to offering scalability without impacting quality. As a result, this frees up resources for the organisation in order to pursue other opportunities. /* custom css */...

5G Critical to Nigeria’s Development, Claim Engineers

Sourced from PC Mag Engineers in the field of electronics have thrown their weight behind the need for Nigeria to deploy 5G technology. This comes after the country’s communication commission announced that, despite news on social media, it had not given out any licenses for network operators to begin to deploy 5G technologies. These engineers, under the umbrella of the Nigerian Institute of Electric and Electronic Engineers (NIEEE), say that despite false claims that have impacted the deployment of the technology globally, the development potential for the country is massive. Keeping with this, the body says that Nigeria should not be left out of the opportunities that come with 5G technology. Speaking at a Zoom meeting on the topic “Expert Insights on 5G Concerns,” the national chairman ...

Twitter Allows Staff to Work from Home Indefinitely

Image sourced from Mission Statement Academy Yesterday, CEO of Twitter Jack Dorsey sent an email to Twitter staff, notifying employees that they will able to continue working from home as long as they see fit. Dorsey notes in the same email that Twitter was an early adopter of a work-from-home model, however – much like the rest of the world – that has only been accelerated by COVID-19 stay-at-home orders. Twitter confirmed this decision in an email to Tech Crunch: “We were uniquely positioned to respond quickly and allow folks to work from home given our emphasis on decentralization and supporting a distributed workforce capable of working from anywhere. The past few months have proven we can make that work. So if our employees are in a role and situation that enables them to work from ho...

Loon and Vodacom Increase Internet Access in Mozambique

Image sourced from MIT Technology Review Alphabet’s Loon and Vodacom have signed a deal to use Loon’s balloon-powered Internet solution to expand the Vodacom network in Mozambique. In terms of the agreement, Loon will help Vodacom provide service to under-served parts of the country with a network of floating cellphone towers that operate 20 kilometres above Earth. Using the Loon solution, Vodacom will expand mobile network access to Cabo Delgado and Niassa provinces, two regions that have proven hard to cover in the past due to the vast and logistically challenging geographical areas, together with low population density. This partnership aims to provide a 4G service that supports Data, Voice, SMS and USSD, which will also enable mobile financial services. The service will be available to...

Fiorano Announces Technology to Simplify ISO 20022 Adoption

Fiorano Software, a leading Enterprise Integration Middleware, API Management and Banking Solutions specialist, announced today the availability of its ISO 20022 Technology platform to simplify and accelerate ISO 20022 adoption for financial institutions. Fiorano’s technology will enable rapid adoption of the ISO 20022 messaging standard using inbuilt code-less integration, mapping and transformation components that support SWIFT MT, SWIFT MX and ISO 20022 standard translations and transformations out-of-the-box.  “The ISO 20022 standard is becoming common language for payments data across the globe. Unfortunately, introducing ISO 20022 into traditional IT environments is not easy as it touches multiple backend systems and the rich nature of messages means maintaining data fidelity ca...

INTERVIEW: Rentoza – Africa’s First On-Demand Rental Platform

New startup Rentoza is Africa’s first on-demand rental platform. Started by a group of 4 South Africans convinced the stuff hiding in the bottom of their cupboards and garages should be paying rent for taking up so much space – stuff that they didn’t want to sell because they might need them again. So often things are bought but only needed for a while, like a cot that your baby grew out of or bicycles laying to rust. That’s why they thought it would be great to help ordinary people turn these things into money without selling them. Even better, they realized you don’t need to buy the items you only need occasionally, because you can rent them from someone who already has them. With this plan, they created Rentoza to help people live life on their own terms. /* custom css */ .tdi_3_3b3.td-...