Category: Technology

MTN to Only Pay $53 Million to End Nigeria Dispute

Christmas has come early for MTN Group. The telecommunications operator’s shares are likely to soar when markets reopen on Thursday in Johannesburg after it announced...

ZTE Foldable Smartphone Looks Like Samsung Galaxy Fold

A ZTE foldable smartphone described in a patent application that was recently uncovered describes a device which is pretty much, in concept, similar to Samsung’s...

Naspers to Invest $1 Billion in The Indian Food Delivering App, Swiggy

Naspers, the South African investment giant, is back at it in India! Days after backing educational startup Byju’s by leading a $540 million investment, it has led a...

Discord, a Gaming Chat Startup Raises $150M, Surpassing $ 2B Valuation

Discord Inc., which makes chat software popular among videogame players, said it is now valued at $2.05 billion after a new funding round, the startup’s second this...

Zimbabwe’s Telecoms Sector Records 9,2% Revenue Growth in the Third Quarter to September, 2018

Zimbabwe’s Postal and Telecommunications sector registered a 9,2 percent revenue growth in the third quarter to September, 2018 on the back on increased usage of data...

M-Pesa Gears up for 1,200 Transactions Every Second

Safaricom CEO Bob Collymore has said the telco is expanding its M-Pesa systems to take 1,200 transactions per second. In a statement, he attributed the recent outage...

Strive Masiyiwa Grows Business Empire

Strive Masiyiwa, Econet Wireless founder, this week consolidated his position as one of Zimbabwe’s richest investors after his fintech company, Cassava Smartech...

KCB M-Pesa Users Now Able to Get Top Up Loans

Users of KCB M-Pesa will now get top-up loans, enabling customers to borrow several times within the credit limit assigned to them without being required to first clear...

Deep Dive into the Revamped KCB M-Pesa Facility

Digital mobile lending in Kenya is a space that is ever-growing, whether the motivation is to push for financial inclusion or to simply provide a service in a neglected...

MTN Group Appoints New 5 Executives

MTN Group has announced the appointment of several executives, including the position of Chief Technology & Information Officer and Executive for Corporate Services...