technology
Airtel Reports 13% Revenue Growth for the Second Quarter
Sourced from Comms MEA Airtel Africa, a telecommunications company, has reported a 13% revenue growth for the second quarter of 2022. Total revenues, for mobile services and mobile money services combined, grew in Nigeria by 18.3%, in East Africa by 14.1%, and in Francophone Africa by 11.7%. On its own the mobile money service grew by 26.5%, driven by growth of 26.9% in East Africa and 25.4% in Francophone Africa. The company’s operating profit grew by 20.6% to $425 million. Segun Ogunsanya, CEO of Airtel, expressed that he is pleased with the results. “I am pleased to report that the Group has continued to post double-digit revenue growth, margin improvement and strong earnings growth. I am also particularly pleased with our ongoing strengthening of the balance sheet which continued after...
Shoprite Group Takes its Petshop Brand Online
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Digital Payments: Survey Reveals 35% South Africans Faced Phishing Scams
Image sourced from isnews.stir.ac.uk According to the Kaspersky Digital Payment survey, 35% of respondents from South Africa faced phishing scams when using online banking or mobile wallet services. 43% have personally encountered fake websites, and 59% experienced scams (via texts or calls) using social engineering. When asked about awareness of threats against digital payment methods, the majority of respondents from South Africa report that they are aware of both financial phishing attacks (94%) and online scams (95%). 78% also stated that they are informed about banking malware on PCs and on mobile. This type of malicious software steals money from users’ bank accounts. However, 98% think that banks and payment companies should educate users more about the threats online. When it comes...
Google to Grant Police Access to Smart Home Footage Without Warrant
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Paratus Opens New Data Centre in Namibia
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Dell XPS 13 Plus Now Available in South Africa – Price + More
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Sponsored: What is CBD and How Can it be Beneficial to Your Health?
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Amazon to Increase Prime Video Prices in These Countries
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Huawei Announces $230,000 Competition for Developers in Africa
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The Zero Trust Security Framework Explained: What it Means to Your Organization
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Not just Bitcoin price: Factors affecting BTC miner profitability
The ongoing cryptocurrency bear market has triggered a massive decline in Bitcoin (BTC) mining profitability as BTC mining expenses outpace the price of Bitcoin. Closely tied to the drop in the BTC price, Bitcoin mining profitability has been tanking since late 2021 and reached its lowest multi-month levels in early July 2022. According to data from crypto tracking website Bitinfocharts, BTC mining profitability tumbled to as low as $0.07 per day per 1 terahash per second (THash/s) on July 1, 2022, touching the lowest level since October 2020. The decline in BTC mining profitability has caused some big changes in the crypto mining industry. Lower Bitcoin prices fueled selling pressure as miners were pushed to sell their BTC to continue mining and pay for electricity. The majority of big cr...
All the Changes Facebook is Making to Your Feeds
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