GirlCode has announced that its inaugural hackathon will be taking place – this time as a virtual event held in August to coincide with the Women’s Month celebration. The organisation says that COVID-19 has presented a unique opportunity to provide innovative solutions to bridge the digital divide, hence the seventh instalment of the annual hackathon is dubbed “Hack from Home”. GirlCode notes that the global pandemic’s impact on the vulnerable populations of South Africa is unprecedented but with various lockdown restrictions imposed, technology was and still is relevant to allow us to work, transact and to keep us connected. The hackathon’s objective is to entrench and elevate interest in coding and in turn, afford tertiary students eager to join the software industry with an opportunity ...
Sourced from Hacker Noon. “Money is no longer the commodity it was a decade ago. How we acquire money is changing, and so is the form of money,” writes John Lombela, MD of African investment and tech company Cryptovecs Capital. He says that with the changing business landscape and the digital evolution, the only way one can define their digital future is by becoming familiar and looking at new digital assets especially if they are seeking funding for their business. “Gone are the days of depending on a bank loan or family and friends investing in your business. Entrepreneurs and those seeking funding can now consider cryptocurrency lending because it offers high yielding gains through margin trading on specific exchanges by lending cryptocurrencies,” Lombela continues. This move has result...
Mathieu Coquillon, co-founder of Mama Money Local money transfer company, Mama Money has joined forces with cross-currency money movement and payments company, Western Union. The partnership enables Mama Money customers to send money to their loved ones around the world via Western Union’s Global Network. “When the April lockdown hit, we saw a massive drop in remittances leaving South Africa due to the restrictions on movement to paying for money transfers and uncertainty. Remittance outflows for certain countries dropped by 90%. However, we’ve seen a very swift recovery since May as economic activities began to resume,” says Mathieu Coquillon, co-founder of Mama Money. Since 2017, Mama Money has grown by over 10 times – starting with six employees to over 120 staff members today. This str...