News

Luno crypto traders Sars disclosures: The South African Revenue Service (SARS) is conducting a tax risk assessment exercise of South African residents engaged in crypto assets. However, Luno, a cryptocurrency exchange platform, has informed crypto-asset traders not to be fearful…

.za internet domains price hike: The South African Domain Name Authority (Zadna) has announced that fees for registration and renewal of domain names will increase by 5.23 percent from 1 October 2024. This means domain name owners will need to…

The Federal High Court in Abuja has dismissed a fundamental rights enforcement suit filed by Nadeem Anjarwalla, an executive of Binance Holdings Ltd, against the National Security Adviser (NSA) and the Economic and Financial Crimes Commission (EFCC).  The court dismissed…

In a move that will likely send shockwaves through Nigeria’s fintech industry, Carbon, a leading digital lender, has announced the discontinuation of its debit card services.  The Carbon debit card shutdown, effective immediately, marks a significant shift in strategy for…

Young Kenyans Amplify #RejectFinanceBill2024: One of the biggest protests in Kenya is ongoing. Young Kenyans are on the streets protesting against the increased taxation by the government. The increased tax is included in the 2024 Finance Bill. The government aims…

The Zimbabwean government has announced the much-anticipated launch of the Lake Kariba Floating Solar Project, a groundbreaking initiative that aims to significantly bolster the country’s power generation capacity.  This project marks a crucial step towards Zimbabwe’s energy independence and its…

Google supports SA news media: South Africa’s news media industry has been facing a number of challenges in recent years, including declining advertising revenue and the rise of fake news.  In an effort to address these challenges, the Competition Commission…

In a significant boost for digital inclusion across Kenya, Airtel Kenya has announced the expansion of its 5G coverage throughout the country.  This expansion aims to bridge the digital divide and provide Kenyans with improved access to high-speed internet connectivity.…

South Africa’s state-owned broadcasting company, Sentech, has launched a new free streaming service called Freevision Play.  The service offers viewers a variety of educational, informational, and entertainment content, all at no cost to the user.  This is a significant development…

Former MTN CEO Ntel Restructuring: Adrian Wood, the former CEO of MTN Nigeria, has made a notable return to the Nigerian telecoms industry as the new CEO of ntel. The telecoms company emerged from the unbundling of NITEL and is…