Ebehijie Momoh is the senior VP and GM for Mastercard West Africa. A role she has held since December 2019. Based in Nigeria, Ebehijie focuses on the advancement of the Mastercard brand presence in West Africa as well as deploying innovative payment solutions and partnering with local governments and...
The estimated 120,000 NGOs currently operating in South Africa play a vital role in and around our society. They provide services to millions of people in terms of health, education and poverty alleviation. On 27 February was World NGO day, but for many, it wasn't much of a celebration...
New information concerning the Nedbank data breach have emerged detailing the lax security at the 3rd party facility where the hack originated, reports My Broadband. Last month, IT News Africa covered the leak and the subsequent new information revealed by Nedbank’s CEO about the hack. The Nedbank Data Breach Computer Facilities, the...
It is a legal requirement to pay tax on your Bitcoin earnings, the South African Revenue Service (SARS) outlined in 2018. This requirement, however, is more difficult to enforce than conventional income or capital profit. As the name implies, it is a logistical challenge to monitor transactions and balances for...
Standard Bank South Africa announced on Tuesday, 4 March 2020, that it is moving its core SAP Cloud Platform services to Microsoft Azure to significantly improve the experience customers have with the bank while enabling it to introduce new solutions to market more efficiently. This accelerates the digital transformation of...
The Johannesburg Stock Exchange (JSE) is preparing to set in motion a plan to use artificial intelligence (AI) to combat insider trading and other transgressions by listed companies, curving clandestine activities and corporate crookery, reports the Business Times. JSE CEO, Leila Fourie says the stock exchange was “investing heavily in...
Having been previously believed to be a safe-haven asset, Bitcoin took a big slump this week amid a massive craze of equity-market selling, reports My Broadband. Having fallen as much as 3.4% on Tuesday to trade at around $9320 as of 3:19 pm. Similar cryptocurrencies and peer coins such...
Africa stands on the precipice of emerging technologies and innovation in response to decades of hardship and frustration. Amongst those innovations are those in the AI sphere, with African developers and innovators finding unique and lucrative ways to make the lives of clients and customers easier. Here are 5 ways AI...
PAYFORT and valU have teamed up to offer online shoppers in Egypt another checkout method. The partnership - which was announced on Monday, 24 February 2020 - will give consumers the option to 'buy now, pay later'. According to valU, consumers can access 3-60 months instalment options for online purchases. “We...
The Kenyan App market is unique as most of the very popular Kenyan apps are diverted to banking and financing, with a lean towards money loaning apps. There is one interesting surprise within the list, which is possibly one of the most unique apps in Kenya. Here are the Top...
South African financial services provider, ABSA has acknowledged that several customers who use iPhones were restricted access to its banking app. A report from My Broadband suggests that this is because the customers' data had been erased from ABSA's systems earlier this week. “We can confirm that a small number of...
Global tech giant, Apple believes that it won't meet its revenue guidance for this quarter because of an overall decrease in the demand for smartphones worldwide and planned cuts in production as a result of the coronavirus. This demonstrates how "the virus outbreak in China is taking a bigger-than-predicted toll...
Last week we covered the Nedbank client data hack in which 1.7 million Nedbank clients may have had their personal and private data leaked to the public. The leak emanated from a security breach at Computer Services, a third-party service provider that issues SMS and email marketing on behalf...
ATMs that support digital coins and cryptocurrency have increased parallel to the trend on the market since the beginning of the year, reports Bitcoin.com. With the promising start this year had with cryptocurrencies – Bitcoin itself has risen from a price of below $7000 since the first days of January...
But now, Mastercard CEO, Ajay Banga has pulled out of Facebook's proposed cryptocurrency, Libra. Detailing the reasons why Mastercard has ditched the 'stable-coin' project, Banga blames three main concerns over compliance, monetisation and generally Facebook's tight-fisted grip over the project. In an interview with the Finacial times, Banga says firstly...
South African cryptocurrency exchange, Luno announced on Wednesday, 23 January 2019 that it has introduced faster and automated withdrawals to its South African customers at no additional charge. This means customers are no longer restricted to daily withdrawal schedules. “Luno customers wanting to withdraw their rands on the Luno platform...
- Advertisement -

Get in touch

9,200FansLike
22,381FollowersFollow
494SubscribersSubscribe

Recent Posts