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Sandile Shabalala steps down as CEO of TymeBank

TymeBank CEO resigns

June 25, 2019 • Finance, People, Southern Africa, Top StoriesComments (0)

TymeBank CEO Sandile Shabala is stepping down from the position, according to a statement issued by the company on Tuesday, 25 June 2019. Shabalala held the CEO position for almost 3 years. TymeBank is South Africa’s first fully digital bank and is owned by African Rainbow Capital. Shabalala is stepping down from the position citing [&hellip...

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Hello Paisa makes it to Inclusive Fintech 50 club

Hello Paisa makes it to Inclusive Fintech 50 club

June 25, 2019 • FinanceComments (0)

International money remittance and digital banking provider, Hello Paisa has been selected from over 400 hopeful applicants and placed among the globe’s top 50 fintechs. The judging panel consisted of industry experts across venture capital, banking,...

Vodacom to teach over 500 young South African girls to code

Vodacom to teach over 500 young South African girls to code

June 21, 2019 • Education, Southern Africa, Top StoriesComments (0)

Vodacom will offer over 500 school-going female learners from across eight provinces in South Africa the opportunity to learn how to code from 24 June – 05 July 2019. With this investment, Vodacom aims to narrow the gender digital divide at an early age in...

The team of students that represented South Africa at the 2019 ISC in Frankurt, Germany

South Africa wins International Cluster Competition in Germany

June 21, 2019 • Education, Southern Africa, Top StoriesComments (0)

A group made up of 6 South African undergraduate students took first prize against 13 other teams at the International Supercomputing Conference (ISC) held in Frankfurt, Germany from 16 to 19 June 2019. The victory came after the team worked on a selection of...

New App offers educational information to South African learners

June 21, 2019 • Education, Southern AfricaComments (0)

Liberty has partnered with the Mindset Network to deliver Maths and Physical Science education to students all across South Africa using a mobile app — TenFold Education.   The app offers educational content, extra learning material for students from grade...

William Miller (left) and Renaldo de Jager (right), co-founders of auction.co.za

Brick and click concept set to transform the car-buying experience

June 20, 2019 • Online & Social, Retail, Southern AfricaComments (0)

E-commerce is experiencing a drastic increase in South Africa, as the number of online shoppers is predicted to reach 25 million in 2021 which is a growth from 18 million in 2017. In the next two years, the average online spend is predicted to be...

Sasfin establishes council for financial industry

South Africa: Sasfin establishes council for financial industry

June 20, 2019 • Finance, Top StoriesComments (0)

Financial services provider, Sasfin has established a Digital Advisory Council to provide the market with expertise and insights on trends shaping the use of technology in financial services. Headed by the founder of World Wide Worx, Arthur Goldstuck the...

Facebook’s new cryptocurrency: Here are 6 things you need to know

June 20, 2019 • Digital Transformation, Features, Finance, Top StoriesComments (0)

Earlier this week, Facebook unveiled details behind its long-anticipated cryptocurrency, Libra. The company’s new digital platform is said to allow users to send and spend money at a next-to-nothing fee. While the coin hasn’t been made public just yet,...

Is Facebook the future of cryptocurrencies in emerging markets?

Is Facebook the future of cryptocurrencies in emerging markets?

June 19, 2019 • Finance, General, Mobile and Telecoms, Top StoriesComments (0)

Tuesday, 18 June 2019, Facebook revealed the white paper for its highly anticipated cryptocurrency, ‘Libra’. As stated in an article by CNN’s Ben Brown, the tech giant claims that the crypto is “built on a secure, scalable and reliable blockchain,...

Visa B2B Connect launches globally

June 19, 2019 • Finance, Top StoriesComments (0)

Visa has announced the launch of their B2B connect network. The aim is to give financial institutions the ability to process corporate payments anywhere in the world. The Visa B2B Connect launch will initially cover more than 30 global trade channels, with...

Only 19% of South Africans fully understand cryptocurrencies, study reveals

Only 19% of South Africans fully understand cryptocurrencies, study reveals

June 18, 2019 • Finance, Security, Southern Africa, Top StoriesComments (0)

Kaspersky has released a survey that reveals just how little of the South African population fully understands the workings of cryptocurrencies, despite there being considerable interest in this fairly new technology. In the report titled ‘Uncharted...

Jumia empowers Nigerian women through eCommerce

June 18, 2019 • Online & Social, Retail, Top Stories, West AfricaComments (0)

Nigeria’s online shopping platform, Jumia, is attempting to bridge the ever-increasing unemployment gap by empowering young women. The company launched its ‘Women & Youth Empowerment’ pilot programme in Yaba, Lagos on Friday, 14th June...

Nokia and UNICEF launch partnership to boost digital literacy in primary schools in Kenya

Nokia, UNICEF to boost digital literacy in primary schools in Kenya

June 14, 2019 • East Africa, Education, Top StoriesComments (0)

Nokia and the Finnish National Committee for the United Nations Children’s Fund (UNICEF) and UNICEF Kenya have launched a shared-value partnership during this year’s Nairobi Innovation Week, to increase equitable access to digital literacy for some of the...

GE Healthcare advances universal health coverage in Ghana

GE Healthcare advances universal health coverage in Ghana

June 14, 2019 • Healthcare, Top Stories, West AfricaComments (0)

GE Healthcare hosted a two-day “Healthcare Dialogues” event in Ghana, bringing together public and private sectors’ industry stakeholders including policymakers, healthcare professionals, decision makers, academia, investors and financing...

PayU launches operations in Kenya

PayU launches operations in Kenya

June 12, 2019 • East Africa, FinanceComments (0)

  PayU has been a licensed operator in Kenya since February 2019 and launched payment services for the region. Kenya, as the power hub for East Africa is superbly positioned for expansion into the rest of Africa. “Kenya is a powerful and growing...

IBM expands quantum computing to African university

IBM expands quantum computing to African university

June 12, 2019 • Education, Southern Africa, Top StoriesComments (0)

IBM announced the expansion of it’s quantum computing efforts to Africa in a new collaboration with the University of the Witwatersrand (Wits University) in South Africa. Wits University is the first African partner on the IBM Q Network and will be the...