tech news
How CFOs & CIOs are Funding Digital Transformation with OPEX, not CAPEX
Zakhe Khuzwayo, co-founder and CFO at InnoVent. CFOs and CIOs, collaborating to drive the accelerated digital transformation necessitated by rapid technology advances and COVID-19, now have a smart alternative to traditional financing and management of IT assets that boosts business efficiencies and competitiveness. Rapid technology advances driving the 4IR (Fourth Industrial Revolution), as well as the impact of COVID-19, has accelerated digital transformation in organisations, transforming IT overnight from a back-end support function into an essential enabler for all business operations. Such a shift requires greater access to top technology, resulting in IT spending reaching an all-time high as organisations swop offices for work-from-home and virtual meetings; physical shops for e-com...
Safaricom Launches Shari’ah-Compliant Mobile Loans
Sourced from Tech Weez. Safaricom has partnered with Gulf African Bank to launch a Shari’ah-compliant mobile financial service, Helal Pesa, in Kenya. According to Tech Weez, the product is the first Shari’ah-compliant mobile and digital solution in the East African country. Customers accessing financing through the service will receive the amount requested in full with a repayment period of 30 days at a 5% commodity Murabaha margin, according to Tech Weez. Abdalla Abdulkhalik, MD – Gulf African Bank, said Kenya is now a highly innovative, interconnected, and fast-paced community that requires solutions on the go. “All our digital offerings including Halal Pesa, seek to directly address this aspect. Our current strategy is focused on digitization for financial inclusion. Our aim is to ...
Facebook Hired GOP Firm to Launch Smear Campaign Against TikTok
Facebook’s parent company Meta has contracted one of the country’s largest Republican consulting firms to choreograph a nationwide smear campaign against TikTok, The Washington Post reports. The campaign has successfully placed op-eds and letters to the editor in major newspapers, spread unfounded rumors that damaging Facebook trends began on TikTok instead, and won the support of one apparently unwitting Democrat senator, all while exposing how deeply intertwined Meta has become with GOP politics. The Republican firm, Targeted Victory, was described in 2016 as “the GOP’s go-to technology consultant firm,” with a track record at the time of successfully boosting Ted Cruz’s national profile. Its website advertises a “hyperlocal” approach to politics, which can be seen in the astro...
You Can Now Translate To & From isiZulu Across the Entire Microsoft Ecosystem
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Kenya Gets Sixth Submarine Internet Cable Worth $400-Million
Image sourced from bbc.com On Tuesday, Kenya launched its sixth submarine internet cable worth $400-million to offer high speed, lower latency, and broader bandwidth. According to Business Daily, the cable will connect Africa to France and Pakistan through the Europe-Asia route, providing direct connectivity to Asia, which is expected to reduce communication delays between Africa and Asia. The launch is also a partnership between Peace Cable and Telkom Kenya. The global Mobile Data Index reveals that Kenya has the most expensive mobile data in East Africa. However, the 15,000-kilometre cable is expected to create more flexible digital connection options, including high speeds of 200 Gbps per single wavelength with a total capacity of 192 Terabits per second, as well as stable and secure da...
Showmax to Launch 4 New Original Titles in Kenya
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Liquid Lands Capacity of Subsea Cable Equiano in Nigeria & South Africa
Image sourced from Medium. Liquid Intelligent Technologies, a business of Cassava Technologies, a pan-African technology group, has announced it has acquired a fibre pair on the Equiano subsea cable, allowing Liquid to transport traffic up to 12 Terabits, bringing a much-needed increase in international connectivity in Western and Southern Africa. With older sub-sea cables almost at the end of their lifespan, Liquid through the Equiano cable system will address the growing need for Internet capacity supporting cloud services in both coastal and landlocked countries on the continent. The new Equiano subsea cable will link Africa to Europe via the West Coast of Africa when it is ready for service later in 2022, providing Terabit/s of capacity to meet the growing and varied business needs of ...
SA Will Need $30-Billion for Energy Transition says African Development Bank
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South Africa’s Absa Bank Appoints New CEO
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Disney+ South Africa Launch Date Finally Set
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AB4IR’s Kelebogile Molopyane to Speak on Bridging the Digital Divide Through Incubation at IoTFA 2022
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Central Energy Fund to Invest $68M in South African Gas Project
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