News

Shein and Temu Face Ban Campaign in South Africa as Unions Warn of Job Losses

South African trade unions are pushing to ban Shein and Temu over concerns about local manufacturing, retail competition and thousands of jobs potentially at risk by 2030.

Consumer Tech

Apple HomeView vs Amazon Echo Show: which smart display is worth buying?

Apple HomeView takes on Amazon Echo Show with Siri AI, smart home controls and a personalised experience. But is it worth the higher price?

Fintech

PalmPay UK posts £21.3m loss after writing off £3.65m loan

PalmPay (UK) Limited recorded a £21.34m loss before tax in 2025, as investment impairments alongside a £3.65 million loan write-off weighed on its financial results.

News

Onafriq shuts down Baxi agent banking in Nigeria

Onafriq is shutting down its Nigerian agent banking division, Baxi, following severe macroeconomic headwinds, naira devaluation, and rising competition in offline agency banking.

News

Mastercard, Qatar Holding sell down Airtel Money stakes as London listing values firm at $7bn 

Airtel Money began trading on the London Stock Exchange on Wednesday under the ticker AMC, after an IPO priced at £1.96 ($2.60) a share.

Fintech

How FNB digital banking is changing the way South Africans bank

FNB is bringing more services together to change how South Africans bank, from WhatsApp eWallet and eBucks to My Advisor and FNB Connect.

News

Andrew Milne, co-founder and co-CEO of Kuunda, dies at 54

Andrew Milne, co-founder and co-CEO of Kuunda, a B2B lending-as-a-service fintech, has died at age 54 on 13th October, 2026

Fintech

Who is Trademarks Global Concepts, the new majority owner of eTranzact?

Trademarks Global Concepts has taken control of eTranzact after acquiring a 56.18% stake from Access Bank and other shareholders.

News

Africa Bitcoin Corporation loses two-thirds of its board as the founder’s shareholder group moves in

Four Africa Bitcoin Corporation directors resign, including interim CEO Stafford Masie, following a shareholder revolt led by founder Warren Wheatley’s WGW Capital

News

Microsoft’s Nairobi shake up puts Silicon Savannah’s ambitions to the test

Microsoft’s reported plans to close its Nairobi engineering operations have raised fresh questions about Kenya’s Silicon Savannah ambitions. As engineers face uncertainty and AI reshapes software development, local technology leaders argue that African businesses must build the capacity to retain talent and compete globally.

Fintech

CashAfrica partners with Chicken Republic to drive tap-to-pay adoption in Nigeria

CashAfrica is taking tap-to-pay to Chicken Republic’s 350 outlets. Its CEO says contactless could go mainstream in Nigeria in eight months.

News

Kuunda completes $5 million secondary share sale as digital lending business scales

Kuunda has completed a $5 million secondary share sale as its digital lending business expands, giving early investors liquidity and returns.