Midweek Update: You can make payment with rings in South Africa

In this letter, we explore; A new payment ring in South Africa, Uganda reinstates import duties on Electric and Hybrid Vehicles, Ex-assistant faces life imprisonment for tech entrepreneur's murder

Uganda reinstates 25% import duties on import of all Electric and Hybrid vehicles

Uganda has hiked import duties by 25% on all electric vehicles coming into the country, a big jump from 0% in the past fiscal year.

Intelligent decisions, intelligent systems: The ins and outs of AIOps

The global AIOps market is forecast to be worth more than $172 billion by 2032, which demonstrates the growing level of demand and the availability of enterprise-grade systems and platforms.

Culprit in gruesome Gokada founder murder awaits sentencing

Tyrese Haspil tragically cut Mr. Saleh’s life short – a man who came from a close-knit immigrant family and followed his passions to become a successful entrepreneur.

MTN, Cell C & Liquid go against Vodacom’s spectrum lawsuit

The legal battle intensified in May 2024 when the largest telco sought an urgent interdict from the High Court to halt pooling arrangements

Breaking: Nigerian content creators can now monetise their content on Facebook and Instagram

Content creators in Nigeria can now earn money from ad revenue from Facebook and Instagram as the country has become eligible. 

Nigeria now produces all its SIM cards locally

Nigeria now produces 100% of its SIM cards locally, two years after the Government placed a ban on imports

Africa’s 5G capital flops load speed test

South Africa had the slowest 5G page load speeds, falling even behind Nigeria despite having a more commercialized market for the technology

CRED lets you use QR codes to pay in stores without internet

The new devices will allow retailers to offer customised and targeted rewards based on user profiles, card types, and transactions,as stated by the company.

SA online shoppers protest imminent import tax duty regulation

Consumers are petitioning a gov't-introduced tax on eCommerce imports coming into effect on July 1, 2024.

IFC, Proparco and RMB Partner with WIOCC Group to raise over $50 million to invest in digital infrastructure in Africa.

IFC, Proparco and RMB have joined forces with WIOCC Group to raise over $50 million to invest in digital infrastructure within Africa.

On NDIC’s disbursement of ₦650 bn to 2.3 million insured Heritage Bank depositors

The Nigeria Deposit Insurance Corporation (NDIC) has begun paying out the trapped funds of depositors at the now-defunct Heritage Bank.