By now, it’s no longer news that global ride-hailing giant, Uber Technologies Inc, has abandoned or, at least, suspended the original plan that would have seen it become a fintech player, in addition to e-hailing. Uber’s decision to ice its fintech plans was reported only five days ago, barely three
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South Africa’s MTN allows customers to pay for online shopping using mobile money
JOHANNESBURG, June 29 (Reuters) – South Africa’s MTN is branching into the online shopping space by providing its customers with the option to pay for online purchases using mobile money payment instead of a bank card. The spread of COVID-19 has accelerated the adoption of mobile financial services, which are
Nissan to launch 7 models in Africa to pursue growth
JOHANNESBURG (Reuters) – Nissan Motor Co aims to launch seven new models in Africa over the next two years, company executives said on Monday, as the Japanese automaker seeks to focus on high-growth markets to try to weather the impact of the COVID-19 crisis. The company announced a plan last
BHP completes first blockchain iron ore trade with China’s Baosteel
(Reuters) – BHP Group has completed its first blockchain trade in iron ore with China Baoshan Iron & Steel Co Ltd, in a transaction worth around $14 million. BHP and technology firm MineHub said in separate statements on Monday that blockchain – a digital ledger that forms the backbone of
Expert panel unpacks recent POPI Act announcement
Quite unexpectedly, President Cyril Ramaphosa announced that the Protection of Personal Information Act (POPIA) would commence from 1st July 2020. While businesses have been given one year to ensure that processes comply with the POPI Act, compliance is expected from the start of next month. Considering the short timeline we
Africa’s e-health sector booming as startup numbers and investment reach record high
The number of e-health startups operating in Africa has hit an all time high at 180 active companies, while investment into the space continues to snowball, reaching record levels in the first half of 2020 despite the COVID-19 pandemic. According to the High Tech Health: Exploring the African E-health Startup Ecosystem
Africa’s e-health sector booming as startup numbers and investment reach record high
The number of e-health startups operating in Africa has hit an all time high at 180 active companies, while investment into the space continues to snowball, reaching record levels in the first half of 2020 despite the COVID-19 pandemic. According to the High Tech Health: Exploring the African E-health Startup Ecosystem
