aYo Holdings has appointed Marius Botha as its new group chief executive officer (CEO). The African micro-insurance fintech business is a joint venture between telecommunication giant MTN and traditional insurer Momentum Metropolitan Holdings (MMH) – and it offers accidental hospital cover and life cover in Zambia, Uganda and Ghana with additional African countries launching in the very near future. Botha was formerly CEO of life insurer Stangen for nearly seven years, having previously held executive positions at African Bank and Munich Re. He holds an honours degree in actuarial science and an M.Phil in Futures Studies. MTN Nigeria Appoints New CEO MTN Group has appointed Karl Toriola, current VP for MTN Group’s West and Central Africa (WECA) region, as the new CEO of MTN Nigeria –...
O-CITY is driving contactless payments across bus services in Nairobi, Kenya. The pilot initiatve, designed to reduce the use of cash in response to the COVID-19 pandemic, was launched in partnership with transport savings and credit specialists, NikoDigi, and Kenyan payments firm, Tracom, to accelerate the deployment of cashless fare collection. Used by 70% of the population in Kenya, Matatu buses are a dominant transport mode across the country whereby passengers traditionally pay in cash. O-CITY’s automated fare collection platform leverages the M-Pesa mobile wallet, which is used by 90% of the population in Kenya. Passengers enter a code on their phone and a debit is made on their wallet, which can be instantly seen by drivers to grant access to ride. The platform removes unnecessary t...
DStv has opened a Customer Experience Centre – the first-of-its-kind concept store for the video entertainment platform. Located in the Mall of the North, the centre occupies 669 square metres over two floors and is expected to bring together the best “digital and physical shopping experience”. Customers can access a variety of services including purchasing decoders, testing devices, activating services, paying for subscriptions, and accessing self-service functionalities. The store is fitted with themed spaces including a sales booth, solution bar, content lounge, entertainment pods to give customers the full experience of DStv’s latest products and services. “We aim to be closer to our customers through this Customer Experience Centre in Polokwane. It remains important ...
Senators in Kenya believe that Safaricom should split into two firms – Mobile Services and M-PESA. According to The Star, a split would see the mobile telephony service is regulated by the Communication Authority of Kenya (CAK) and the M-Pesa division regulated by the Central Bank of Kenya (CBK). A recent report by TechWeez revealed that senators believe there should be a level playing ground for the likes of Telkom and Airtel Kenya who operate at the mercy of Safaricom as they owe it billions of shillings. “The market is not competitive any more. The other operators should be allowed to operate, by giving the dominant operator its right, but also allowing the others to operate, and allow innovation in the country,” says Senator Petronilla Were of the ICT committee. Senator Iru...
Huawei recently unveiled its newest wearable – the WATCH FIT. It is the first Huawei sports smartwatch to feature a rounded rectangular watch face design combining a dazzling 1.64-inch AMOLED display, which lends itself to displaying “more content and better interactive experience”. And it is expected to launch in Kenya soon, joining the likes of the Huawei GT2 and Huawei GT2 pro. Country Head of Huawei Kenya, Jim Zhujie says “with the wide variety of smart devices surrounding us today, we live in a connected digital era. Apart from the smartphones, which act as a nexus point, one of the most popular smart devices seen with people are in fact smart wearables”. “Modern smart wearables have woven themselves ever so deep into our daily lives, serving primarily as an extension of o...
MTN South Africa has officially lined up its Black Friday deals which run from 20 November until 9 December 2020. “We understand that what people need now, perhaps more than ever before, are true money-saving bargains that could offer some relief, and a better way to stay connected to family, friends and work,” says Jacqui O’Sullivan, Executive for Corporate Affairs at MTN SA. “While lockdown restrictions have become a bit more relaxed over the past couple of months, we still felt that it would be best to extend the shopping period to reduce the number of shoppers in stores at a given time. This is, of course, over and above continuing to ensure that all other appropriate safety measures are in place in-store to protect customers and staff during this busier-than-usual shopping perio...
Extortion and robbery while wearing a disguise are not new crimes in human history, but a threat actor has recently taken this into the online arena on the global stage, using distributed denial of service (DDoS) as the weapon, while pretending to be someone else. This is as reported in a recent threat advisory released by NETSCOUT’s ASERT division (ATLAS Security Engineering & Response Team), which is tasked with providing threat intelligence trends and research. Risna Steenkamp, General Manager: ESM at value-added distributor Networks Unlimited Africa, says, “We have seen DDoS ransom attacks before – for example in October last year, South African banks were hit by a wave of ransom-driven DDoS attacks, as were other targets in other countries around the same time. However, with...