Mastercard takes a stake in MTN Group Fintech
MTN has signed definitive agreements with Mastercard for a minority investment of up to $200-million into MTN Group Fintech, at a valuation of $5,2-billion on a cash and debt-free basis. The Transaction, which is non-categorised in terms of the JSE Listings...
MTN, Jumo combine platforms for short-term loans
MTN's Mobile Money Platform, MoMo, and banking technology company Jumo have partnered to launch Qwikloan to offer affordable, short-term loans in South Africa. Qwikloan enables MoMo users to obtain small, short-term loans on their mobile phones, ranging from R250 to...
MetroFibre acquires parts of Link Africa’s FTTH network
MetroFibre has acquired the fibre-to-the-home (FTTH) network and infrastructure of Link Africa in Gauteng and Kwa-Zulu Natal, adding another 10 000 homes passed to MetroFibre's rapidly-growing fibre network in South Africa. The deal is effective 1 April 2021 with a...
Crypto investors brace for Dogeday 4/20
Amateur investors are aiming to push Dogecoin's price to $0.69 on April 20th, a day marked Doge Day 4/20, according to data presented by TradingPlatforms.com. In early January 2021, a Reddit group known as SatoshiStreetBets sought to actively pump up Dogecoin's value...
SpaceX selected to land next astronauts on the Moon
NASA is getting ready to send astronauts to explore more of the Moon as part of the Artemis program, and has selected SpaceX to continue development of the first commercial human lander that will safely carry the next two astronauts to the lunar surface. At least one...
How to watch Mars Helicopter’s first flight
NASA is targeting no earlier than today (Monday 19 April) for the first flight of its Ingenuity Mars Helicopter. The flight was set to commence at approximately 03h30 EDT, or 09h30 South African time. Data from the first flight will return to Earth a few hours...
SA business partners with UNICEF to on vaccine rollout
South African Internet of things (IoT) solution provider Beyond has entered into a long-term agreement with the United Nations Children's Fund (UNICEF) to supply its remote cold chain monitoring solution in support of UNICEF's global vaccination programme. UNICEF will...
Employees feel increasingly disconnected
Onboarding programs have missed the mark for years in making new hires feel connected to their organisation and, due to the Covid-19 pandemic, it's crucial for HR leaders to update and improve these initiatives to set up new hires for success, according to Gartner....
Lockdowns hit sales of large format displays
Sales of large-format displays (LFDs) in Western Europe (WE) during 2020 were significantly affected by the pandemic and there have been little signs of recovery in early Q1 2021, according to the latest data published by Context. Declining sales reflected the impact...
China accounts for 70% of top smartphone vendors
Data acquired by Finbold indicates that China hosts about 70% of the top ten smartphone vendors globally as of 2020. Despite the Chinese dominance, South Korea's Samsung has the largest market share at an estimated 19,2%. Apple is the only US vendor on the list with a...
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