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Meta office downsizing layoffs: In a move that has sent shockwaves through the Nigerian tech industry, Meta, the parent company of Facebook, WhatsApp and Instagram, has announced plans to downsize its Lagos office. This decision comes on the heels of…
Zambian Startup Bosso e-commerce funding: The Zambian business landscape is witnessing a surge in e-commerce ventures, and a new player has emerged in the construction sector. Bosso, a Zambian e-commerce startup founded in 2022, is revolutionizing the way building materials…
Prospa fintech transaction halt: In a concerning turn of events for Nigerian fintech users, Prospa, a popular business banking startup, has once again encountered issues processing customer withdrawals. This marks the second time in just five months that Prospa has…
Bitcoin crucial 36 hours: The cryptocurrency market is abuzz with anticipation as Bitcoin (BTC) enters a critical 36-hour window. Investors are anxiously awaiting two key events that have the potential to significantly impact the price of the world’s leading digital…
MultiChoice, the dominant pay-TV provider in South Africa, has shed a significant portion of its subscriber base over the past year. This decline, amounting to 9% year-on-year, has sent shockwaves through the industry and raises concerns about the future of…
A significant portion of the 2Africa subsea cable, the world’s largest subsea cable project, is now operational, marking a major milestone in enhancing internet connectivity across Africa. This news, highly anticipated by telecommunications companies and citizens alike, promises to revolutionize…
MultiChoice, the South African media giant, has recently announced the relaunch of its pan-African streaming service, Showmax. The relaunch has been met with positive developments, including a significant increase in subscriber numbers. However, this subscriber growth has come at a…
Telkom Icasa call rate cuts! South Africa’s telecommunications giant, Telkom, has issued a strong warning to the Independent Communications Authority of South Africa (Icasa) regarding its recent decision to significantly slash call termination rates. Telkom argues that these aggressive cuts,…
A recently filed lawsuit between chip designer ARM Holdings and tech giant Qualcomm has cast a shadow over the upcoming release of millions of next-generation Copilot+ PCs. The lawsuit hinges on a licensing agreement that both companies signed years ago,…
In a significant development that has sent shockwaves through the e-commerce industry, the South African Revenue Service (SARS) has issued a major setback to global e-commerce giant, Shein. The move, which has far-reaching implications for the company’s operations in the…
