Politics
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MTN’s Takeover Plans for Telkom Would Need the Government’s Support First
Sourced from Business Tech South Africa’s MTN Group, the largest telecom in Africa and 2nd largest in its home nation has reportedly made a pitch to buy SA’s third largest telecom, Telkom. According to an anonymous insider who spoke to Bloomberg, Telkom has shown no interest in being taken over by the MTN Group. It currently seems unclear if MTN will continue persuing the purchase of the semi-private telecom. “There is no deal on the table in relation to this matter,” MTN said in a statement after inquiries. Telkom itself has yet to comment on the reported offer. Telkom currently has a market valuation $1.94-billion, which pales in comparison to MTN’s valuation of $21-billion. A valuation that has steadily surged following a multi-year asset-disposal programme and a recent spike in the pri...
How to Choose the Most Effective ELN for Your Laboratory
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Liquid Eyes Africa’s Largest Tech Markets After $250-Million Boost from IFC
Strive Masiyiwa, Liquid Intelligent Technologies Executive Chairman and Founder with Makhtar Diop, IFC’s Managing Director. The World Bank Group’s International Finance Corporation (IFC) has announced a new partnership with South African tech group Liquid Intelligent Technologies (Liquid) to expand data center capacity and the rollout of fiber-optic cable across the continent. IFC’s equity and debt investments in Liquid, which to date total approximately $250-million, will support the company to grow its hyperscale data center capacity in Egypt, Kenya, Nigeria, and South Africa through its subsidiary, Africa Data Centres. The partnership with Liquid, one of Africa’s leading independent fiber and digital services providers, aims “to increase digital connectivity and inclusion in Africa and ...
A Whole Week of Stage 4 Blackouts as SA Falls Deeper Into Power Crisis
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4 Compelling Ways that Technology Plays a Key Role in SA’s Economy
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The Most Vulnerable IoT Devices: Think Before You Buy This Black Friday
With the shopping season approaching, it’s likely that internet-connected gadgets and toys will be a popular item on many users’ wish lists, as more than 88% of people use IoT (Internet of Things) devices in their households. However, cybersecurity experts warn: Internet of Things devices can quickly go from fun to creepy, depending on how hackable they are. “Enormous Black Friday discounts can rush customers into buying some very questionable gadgets. However, Internet of Things devices is widely known among experts for low-security measures they usually have installed. There is a joke going around: ‘The S in IoT stands for security’. So, it’s best to think before bringing any new IoT device to your household, as it can easily compromise the whole network,” says digital security expert at...
Brazilian federal deputy proposes crypto payment option for workers
Federal Deputy Luizão Goulart, a Brazilian congressman, proposed a bill to legalize crypto payments as a mode of payment for public and private sector workers. Goulart’s proposal seeks a new law that allows all Brazilian workers to have an option to request employers for remuneration in cryptocurrencies. However, the bill warrants crypto payments to be made only after selling a mutual agreement between the workers and the employer. According to the translated version of the bill: “The limits of the percentage of payment (remuneration) in cryptocurrencies will be of the worker’s free choice. Any imposition by the employer will be prohibited.” The bill highlights the evolution of finance — from a barter system to fiat currencies to Bitcoin (BTC) — focusing on the decentralization aspect, whi...
What Squid Game Can Teach You About Crypto Investing
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Could Ethiopia Ban Facebook After It Deleted PM Abiy Ahmed’s Post?
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Eskom: Stage 2 Load Shedding for SA & It Will Get Worse on the Weekend
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Safaricom to Take All M-PESA Services Offline – When, Why & How Long
Image sourced from WeeTracker Safaricom is set to take down all M-PESA services from Saturday 6 November 2021 at 23:59 until Sunday morning 04:00 – effectively for four hours as Kenya’s largest telecom company conducts maintenance on its services for around the 10th time this year. The company says that all M-PESA services, including the purchasing of airtime, will be inaccessible during these 4 hours in the very early morning, a time which Safaricom says, “has been planned to result in the least of inconvenience to our customers.” “We apologize for any inconvenience that may be caused and thank you for your continued support.” Safaricom is asking those whose businesses may be affected by the outage to make necessary arrangements to “cushion” the impact of the services being offline. While...
A Dark Weekend for SA as Eskom Announces Stage 4 Load Shedding
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