Author: Staff Writer
CareerBox, an African impact sourcing non-profit organisation (NPO), has announced the launch of a satellite branch in Cape Town, as part of efforts to alleviate unemployment among youth and women from disadvantaged communities by training and placing them in sustainable, digitally-enabled jobs in the Global Business Services (GBS) sector. “With President Cyril Ramaphosa calling for a new post-covid economy where the GBS sector will drive growth, there has been a growth interest in Cape Town from international investors, and CareerBox is looking to build on this. CareerBox has built a strong presence and track record of success in Durban, and…
FOMO, an app in South Africa focused on connecting users to restaurant specials closest to them using geo location, launched in late 2020 has grown to 100k users and now entering the activities and events vertical. The growth comes as we see an increase in a more money savvy consumer looking to stretch their eating out budget further by visiting restaurants with specials. On the flip side, restaurant owners and businesses are looking at alternative ways to market their establishments outside of the traditional channels like in store marketing and own websites. Ryan Marx CEO and co-Founder says ”The FOMO…
The Tshimologong Precinct and Ekasi Esports are hosting an inaugural eSports Day on 26 March 2022 that will be the first of many hosted every last Saturday of the month. Register for the free event here: https://ekasiesports.africa/esports-gaming-day.php Joburg’s digital innovation ecosystem centred on Braamfontein and the country’s only gaming and esports collective focused on township youth are perfectly positioned to showcase gaming as a career and lifestyle choice. “Tshimologong is helping transform Joburg from a minerals-based to a mind-based economy. On the same day we are launching our first collaboration with the Precinct, there are events dedicated to robotics, coding…
Telviva CTO Antony Russell says that when one walks into the Mobile World Congress (MWC) you expect to be surrounded by glitz and glamour, to encounter startups and multinationals, to interact with science fiction and talk about the future. “MWC 2022 did not disappoint on this front. We touched the future and returned to South Africa with a spring in our step, pleasantly moved by the reception we received as South Africans pioneering in the unified communications and collaboration (UC&C) space,” he says. Russell says that all the innovation on display was premised on connectivity. In other words, how 5G…
The COVID-19 pandemic, without a question, forced the world into the digital realm. It also widened the divide between the haves and the have nots, which was particularly evident in both the workplace and the classroom. The digital world offers many advantages, the most significant of which is increased access to information. We are depriving citizens of education and job opportunities if we do not ensure universal access and digital literacy, and it is time that we realise that internet access – and the digital skills that come with it – is a basic human right. As technology continues to…
MTN Group today announced senior leadership appointments to operating companies in Nigeria, Iran and Sudan, all of them internal candidates, as it focuses on executing growth strategy, de-leverage faster and reveal value in our fintech and fibre businesses. The appointments are effective 1 April 2022. “A vital enabler of our strategy is having the best talent, culture and future-fit skills,” says MTN Group President and CEO Ralph Mupita. “Today’s announcement demonstrates the depth of talent within the Group, as well as the strength of our succession planning.” Following the recent appointment of MTN Nigeria Chief Operating Officer Mazen Mroue as…
South Africa’s automotive group Motus has been approved for a secondary listing on A2X Markets and its shares will be available for trade on A2X from 1 April 2022. Motus will retain its primary listing on the JSE Limited and its issued share capital will be unaffected by its secondary listing on A2X. Motus was listed on the JSE in November 2018, following its unbundling from Imperial. Employing over 17 000 people globally, Motus is a diversified non-manufacturing business in the automotive sector with unrivalled scale in South Africa, a selected international presence primarily in the United Kingdom and Australia, as…
The Bank for International Settlements (BIS) Innovation Hub, the Reserve Bank of Australia, Bank Negara Malaysia, the Monetary Authority of Singapore, and the SA Reserve Bank (SARB) today announced the completion of prototypes for a common platform enabling international settlements using multiple central bank digital currencies (mCBDCs). The project, codenamed ‘Project Dunbar’ explores how a common platform for multi-CBDCs) could enable cheaper, faster and safer cross-border payments. SARB said in a statement that Project Dunbar proved that financial institutions could use CBDCs issued by participating central banks to transact directly with each other on a shared platform. “This has the…
The first businesses in the Middle East and Africa region have started to experience the seamless ease of Mastercard’s Track Instant Pay solution, in partnership with leading pan-African FinTech enablement partner, Ukheshe Technologies. Track Instant Pay is a next-generation virtual card solution that uses machine learning and straight-through processing to enable instant payment of supplier invoices – the first of its kind. “It safely and intelligently authorises immediate payments to a supplier once a supplier submits an invoice,” says Paul Selibas, President: Channel Solutions at Ukheshe. “First, it analyses received invoices using sophisticated machine learning to identify those likely to…
CSquared, an open-access wholesale broadband infrastructure company, lands Google’s Equiano, a subsea internet cable running through Portugal to South Africa, in Togo. This makes Togo the first landing point of Google’s Equiano in Africa. Equiano is expected to land in South Africa, Namibia, Nigeria and St Helena later in the year, connecting the continent with Europe. Togo currently ranks as the sixth-best country in Africa regarding ease of doing business and Equiano, once switched on, will offer 20 times more bandwidth than any other cable currently serving West Africa, helping the country attract even more investments and further boosting its vibrant…