technology
ZOL Zimbabwe Rebrands to Liquid Home Zimbabwe
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Andile Ngcaba’s inc. to Acquire SA’s Syrex
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Webafrica Closes its Offices to Go Fully Remote
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Safaricom Hires Managing Director of Citibank
Managing Director of Citi Bank, Michael Mutiga, now part of Safaricom. Image sourced from Shava TV. Safaricom, a Kenyan telecommunications service provider, has hired the managing director of Citibank to be in charge of strategy and acquisitions. The telco is currently seeking regulatory approvals to launch insurance, unit trust, and savings products in an endeavour to compete with larger financial services and expand its mobile money platform M-Pesa. Michael Mutiga, MD of Citibank and head of corporate finance for sub-Saharan Africa from 2019 will be the new chief business development and strategy officer, according to an internal memo that was first seen by Business Daily. Mutiga will be replacing former Safaricom’s chief of special projects and acting chief business development and stra...
Netflix to Invest Nearly $300,000 in Kenyan Talent
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Facebook to Stop Hiring New Employees
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PayPulse Reports Almost a Million Transactions in a Year in Namibia
Image sourced from /www.thegrovemallofnamibia.com Since launching in 2018 PayPulse, Standard Bank’s cashless transaction app has gained significant traction in the Namibian market, processing just under a million transactions to the value of N$ 442 million ($29.7-million) during the period 1 January 2021 to 31 December 2021. Standard Bank, a South African bank and financial service group, developed the PayPulse app, which allows anyone, no matter who they may bank with, to create a virtual wallet from which to pay for bills and services and send or withdraw money. Rejoice Itembu Head of Client Solutions at Standard Bank says that the app is unique in that it is the first of its kind to let users link up to three different credit or debit cards from different commercial banks, which, Itembu...
5 Things You Can Achieve with a Software Purpose-Built for the Insurance Industry
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The Future for Sustainable Mining in Africa Lies in Circular Thinking
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Fraud Scandal: MozzartBet Fights $2.6-Million Seizure Transferred Through M-Pesa
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HMI – How People, Processes and Technology Work Together
When embarking on an industrial digitisation project, it’s important to consider how people, processes, and technology will work together. These three considerations are integrated in a somewhat symbiotic manner, which is why each should function optimally and compliment the other. A good example is IIoT; the technology promises secure access to a lot of data but is this data providing the right insight to people as opposed to burying them under a heap of information? Also, how do you ensure insights are delivered to workers whenever and wherever they need them, such as on the plant floor where they are working around production equipment. HMIs and Industrial Automation Enter Human-Machine Interfaces (HMIs); a technology developed to replace hard-wired pushbuttons and indicator lights with...
Safaricom to Start Hiding Identity of Subscribers on Lipa na M-Pesa
Sourced from Tech Weez. Safaricom will start hiding contact details of customers making payments through Lipa na M-Pesa at the end of June to curb trade and leaking of personal information to advertisers and fraudsters. “Pursuant to the Data Protection Act 2019 which came into law on 25th November 2019, Safaricom will be changing how they share data with Lipa Na M-Pesa Partners in general,” says Safaricom, East Africa’s largest telecom group, about its new privacy shift. According to Business Daily, the telco will only display the first name of subscribers who are making payments through the platform and a few digits of their phone number. Safaricom seems to be adopting the same model as the one used by banks in Kenya, in line with the data protection law, which was enacted in 2019 to prot...
