Politics
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Antoine Griezmann ‘a caricature of himself’ in toxic Barcelona environment – former coach
Antoine Griezmann has become “a caricature of himself” at Barcelona, where his former Real Sociedad boss, Martin Lasarte, feels a toxic environment is taking its toll. Quique Setien has named Griezmann on the bench for three of Barca’s past four games, including important meetings with top-four hopefuls Sevilla and Atletico Madrid. The World Cup winner was not sent on until the 90th minute against Atletico on Tuesday, with Ansu Fati introduced ahead of him in the 2-2 draw at Camp Nou. Barca will fall four points behind Real Madrid with five games remaining if La Liga’s leaders beat Getafe on Thursday, with reports suggesting Setien has lost the backing of his players. Martin Lasarte, who handed Griezmann his professional debut as an 18-year-old in the Segunda Division with La Real, believe...
The Value of Digital Currencies During the Age of COVID-19
Sourced from Hacker Noon. “Money is no longer the commodity it was a decade ago. How we acquire money is changing, and so is the form of money,” writes John Lombela, MD of African investment and tech company Cryptovecs Capital. He says that with the changing business landscape and the digital evolution, the only way one can define their digital future is by becoming familiar and looking at new digital assets especially if they are seeking funding for their business. “Gone are the days of depending on a bank loan or family and friends investing in your business. Entrepreneurs and those seeking funding can now consider cryptocurrency lending because it offers high yielding gains through margin trading on specific exchanges by lending cryptocurrencies,” Lombela continues. This move has result...
African Remittance Company Joins Forces with Western Union
Mathieu Coquillon, co-founder of Mama Money Local money transfer company, Mama Money has joined forces with cross-currency money movement and payments company, Western Union. The partnership enables Mama Money customers to send money to their loved ones around the world via Western Union’s Global Network. “When the April lockdown hit, we saw a massive drop in remittances leaving South Africa due to the restrictions on movement to paying for money transfers and uncertainty. Remittance outflows for certain countries dropped by 90%. However, we’ve seen a very swift recovery since May as economic activities began to resume,” says Mathieu Coquillon, co-founder of Mama Money. Since 2017, Mama Money has grown by over 10 times – starting with six employees to over 120 staff members today. This str...
New POPI Act Regulations – Here’s Everything You Should Know
Sourced from Europa EU. Progress is being made to promote the protection of personal information in South Africa. President Cyril Ramaphosa has announced the commencement of parts of the Protection of Personal Information Act (POPIA). The remaining provisions of the Act will be addressed once the Information Regulator assume its powers, functions and duties in terms of the Act. The sections that will commence today, 1 July 2020 and include the conditions for processing personal information, procedures for dealing with complaints and provisions regulating direct marketing by means of unsolicited electronic communication. Sections 2 – 38, 55 – 109, 111 and 114 (1), (2) and (3) commences on 1 July 2020 and Sections 110 and 114(4) will commence on 30 June 2021. What does this mean? According t...
Huawei to Launch 3 New Gadgets in South Africa
Huawei has announced that it will be launching a total of three new gadgets to its South African market – the Huawei Watch GT 2e smartwatch, the Huawei Y6P smartphone and the Huawei Matepad T8 tablet. The devices will be officially unveiled during Huawei’s first-ever livestream sale, taking place at 7pm SAST on 1 July 2020. Here’s a closer look at the new contenders in Huawei’s lineup: Huawei Watch GT 2e This smartwatch is the latest addition to Huawei’s popular Huawei Watch GT 2 Series and is designed to inspire an active lifestyle. Supported by two-week-long battery life, the device supports precise heart rate monitoring, abnormal heart rate reminders, pressure level monitoring and sleep monitoring features that allow users to understand their health status in real-time. /* custom ...
Anambra guber: Era of zoning for governor over – group
A youth organisation called Anambra Ekunie has flayed what it termed imposition of governors in the state over the years and said the era was over as the state prepares for the 2021 governorship election. The group also warned politicians using a purported zoning gimmicks to fan the embers of disunity in the state to desist henceforth. President of the organisation, Dr. Ifeanyi Achusi made the disclosures in a statement on Wednesday in Enugu. Achusi said that the popular position among the various sections of the state was that zoning of the governorship seat ended with the emergence of Gov. Willie Obiano. He said that the insistence that the successor of the incumbent governor must come from a particular zone was against democratic tenets and hence unacceptable. Achusi said that the group...
National Assembly urges President Buhari to suspend plan to recruit 774,000 Nigerians
The Senate and the House of Representatives yesterday urged President Muhammadu Buhari to suspend the implementation of the plan to recruit 774,000 Nigerians for Special Public Works across the country. The position of both chambers of the National Assembly followed a sharp disagreement between the National Assembly Joint Committee on Labour, Employee and Productivity and the Minister for State for Labour and Employment, Festus Keyamo, SAN, over the modalities for appointing the 20-member Selection Committee for the programme. Keyamo who had appeared at an interactive session organized by the joint committee opposed a resolution of the Joint Committee to resolve into a closed door session. The Minister said he rejected the lawmakers decision to quiz him behind closed doors because of the n...
Petrol price hike a move to end subsidy regime – expert
AHA Taxis Nigeria’s first professor of the Capital Market and former Imo State Finance Commissioner, Prof Uche Uwaleke, on Wednesday described the hike in petrol price from N123.50k/litre to a price band of N140.80 to N143.80 as an indication that the Federal Government was ready to gradually exit the fuel subsidy regime. The Petroleum Products Pricing and Regulatory Agency (PPPRA), in a memo to oil marketers on Wednesday, said that the upward review of petrol price stemmed from existing market realities which were taken into consideration before the new pump price was released. Prof Uwaleke told newsmen that exiting the subsidy regime was necessary in view of plummeting government revenue and the pressure on government finances occasioned by COVID-19. ‘Fortunately for the Nigerian economy...
Nigerian stocks down by N1.14 trillion in first half
Nigerian stocks closed the first half down with average loss of 8.80 per cent, equivalent to net capital depreciation of N1.14 trillion as investors struggled with a threesome of domestic macroeconomic uncertainties, global decline in crude oil price and trade wars and the ravaging COVID-19 pandemic. Benchmark indices at the Nigerian Stock Exchange (NSE), which are generally regarded as sovereign equity indices for Nigeria, showed that Nigerian stocks swiveled through steep decline in first quarter and a major recovery in early months of the second quarter, closing the six-month period with net loss of N1.14 trillion. The All Share Index (ASI), a common value-based index that tracks all share prices at the Exchange, closed first half at 24,479.22 points as against 26,842.07 points recorded...
Scam Attempts on Gumtree Have Surged During South Africa’s Lockdown
British classifieds platform popular with South Africans, Gumtree has seen an increase in scams during the country’s lockdown with criminals and fraudsters benefiting from scamming people over a distance. Estelle Nagel of Gumtree says that “The pandemic has seen more South Africans sell their items in an attempt to raise additional cash, and as those listings increase, so do scam attempts.” “With lockdown, buyers and sellers are inclined to transact online only rather than face to face or without viewing an item in person and using electronic payment methods rather than cash. This does lead to more instances of fraud,” she continues. With more and more South Africans desperately searching for cash during these tough times, Nagel says, they may be less risk-averse than normal and more likel...
Liquid Telecoms Expands Reach to Rural Communities in Malawi
Pan-African telecoms company, Liquid Telecom has announced that it will provide VSAT connectivity services to mbora, a pioneering new social enterprise in Malawi that is providing free connectivity to people living and working in rural areas through community hubs. Each hub is serviced with broadband speeds of up to 36mbps, which in turn enables mbora and its content partners to digitally deliver their services to mbora users over a free internet connection. Liquid Telecom is using the latest High-Throughput-Satellite of its long-term partner Intelsat and providing an uncapped data service to mbora. mbora is aiming to build 150 hubs encircling Lake Malawi and to expand across the region and according to the companies, the first community hub is now live in a lakeshore village near Mangochi...
MultiChoice Joins the UN’s Campaign Against COVID-19 Misinformation
Sourced from Tech Central. The MultiChoice Group has announced its latest initiative in the fight against COVID-19. As part of its ongoing efforts to raise awareness through information, the Group has come on board as an official supporter of the United Nations’ global COVID-19 awareness campaign: Pause which launched globally on 30 June 2020. The aim of the Pause campaign is to highlight the dangers of sharing false information related to COVID-19. The campaign asks everyone to “pause, think and take care” before sharing information which could be inaccurate or misinformed and may have harmful effects. /* custom css */ .tdi_3_8ec.td-a-rec-img{ text-align: left; }.tdi_3_8ec.td-a-rec-img img{ margin: 0 auto 0 0; } “We are in a moment of global reckoning as COVID-19 and its social and econom...
