Nigerian price comparison site, TopCheck, has been acquired by Africa's leading Internet Platform, Silvertree Internet Holdings, for an undisclosed amount. In 2016 the website recorded fast growth, processing up to 10 million USD (3 billion Naira)  in Gross Application Value per month. TopCheck is Nigeria’s prime price comparison site for...
A young South African entrepreneur aims to use a robot to teach children how to build new robots. RD9 Solutions is a start-up company created by Tyrone van Balla. van Balla and his business partner Ridhaa Benefeld aim to build robots and use them as educational tools. Together, they...
While performing a security assessment for one of its clients in the critical infrastructure sector, the Kaspersky Lab Security Services team discovered an important vulnerability. The CVE-2016-4785 vulnerability could allow an attacker to remotely obtain a limited amount of device memory content from relay protection equipment. The vulnerability was reported...
Blockchain technology can be applied in various ways. However, it is the invention and use of cryptocurrencies like bitcoins that has had the greatest impact in popularizing the technology. The value of bitcoins, for instance, has risen steadily for the last couple of years indicating increased demand. Due to the...
Only 18 months after launching, TymeBank has been rated as one of the top three digital banks in South Africa by SITEisfaction. This recognition follows on the recent Forbes accolade, which claimed TymeBank as the 2nd best bank in the country its high levels of customer satisfaction and key...
Absa has revealed that it has launched the Absa Masterpass App. According to the company, the App is a digital wallet powered by Mastercard. The app is set to enable South African consumers to make safe and easy payments wherever Masterpass is accepted. Payments via the App currently give people...
Ubank, has shaken up the financial services industry by launching their own mobile and digital payment platform in partnership with WIZZIT International. The implementation of the platform – nicknamed Vulindlela – aims to competitively position Ubank to leapfrog into adjacent markets beyond mining, to boost revenue streams. Customer first “The launch...
Mastercard has revealed that its science, technology, engineering and mathematics (STEM) programme, Girls4Tech, has reached its initial goal of educating one million girls. The programme has a new and inspiring ambition to reach five million girls by 2025.  The programme, which launched in 2014, offers activities and curriculum built on global...
Massmart, a South African super-retailer and owner of Game stores, says it is expecting its half-year loss to widen at least 50% because of a substantial hit to its sales from the nationwide coronavirus lockdown. Majority owned by American retailer Walmart, the company was already struggling as consumer finances have...
The Karri app, launched in April last year, has grown to just under 300 South African schools driven by parent and teacher demand for a solution to school payments. Due to the success of this collections platform, Karri has expanded its offering to include collections for just about any...
Mobile money company, Zoona has been awarded the Bank of Zambia Governor’s Outstanding Innovation Award for 2017, and two international Private Equity Africa Awards, recognising the company as a leader in innovation and key contributor to financial inclusion on the continent. Zoona was awarded the Bank of Zambia Governor’s Outstanding...
The seventh annual Global Education & Skills Forum (GESF 2019), a Varkey Foundation initiative, opened at The Atlantis, The Palm, Dubai, UAE on Saturday, March 23. Under the theme “Who is changing the world?” GESF 2019 brought together more than 2,200 delegates from 144 countries, who unpacked the pressing challenges...
On 15 August 2019, Google South Africa launched the CS First program which according to Google was created by educators aims to teach South African learners the fundamentals of computer science. This program will strive to educate over 30,000 South African learners across the 9 provinces in the period...
One area in which technological advances are making a significant impact is in education. Since the introduction of modern schools, the way in which children are taught has lacked the inclusion of multi-dimensional thought processes. Today, the need to focus on holistic learning is even more urgent as future...
Robo-advice and artificial intelligence technologies are fast-tracking new investment opportunities at a lower cost than traditional investment options – disrupting financial institutions’ approach to customer interaction. These automated platforms, that use algorithms to manage investments at a lower cost than a financial advisor or active financial manager, are expected to...
For online consumers, ‘tis the season to be jolly. For businesses, it’s a time where the retail chain may be forged in life. For hackers, it’s a poor excuse for picking a man's pocket. To avoid data becoming dead as a doornail, retailers must deliver a better intuitive, connected experience...
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