PayPal to Sell Cryptocurrency to its 325 Million Users
Paypal plans to roll out direct buying and selling of cryptocurrency through Paypal and Venmo, it's subsidiary. According to sources close to Coindesk, the company will have to launch a [...]
Andela Closes All Offices in Africa
Software Company Andela is reportedly closing all its offices on the continent and selling its equipment to select staff. This news comes a month after the company fired 135 employees [...]Anxiety as Free Mobile Money Transfer Period Nearly Ends
Expectations are that the Central Bank of Kenya(CBK) will extend the waiver on mobile money transaction fees for amounts below KSh 1,000. Following consultations with the CBK in March, mobile [...]
Data Privacy Laws Take Effect in South Africa
South Africans will enjoy more data privacy as the Protection of Personal Information Act (PoPI) takes effect on July 1. The data privacy laws offer guidelines for companies to use [...]Amazon Announces 3000 Jobs in South Africa
Amazon has announced plans to hire 3000 South Africans this year on a work-from-home policy. The South Africans will virtually provide customer service and technical expert roles to Amazon customers [...]
NTSA ICT Director, Dr Fernando Wangila Passes Away
Dr. Fernando Wangila, ICT Director for the National Transport and Safety Authority (NTSA) passed on on Friday. Dr. Wangila was known for his work in the digital transformation of the [...]Chipper Cash Secures $13.8 Million Funding
African cross-border Fintech startup Chipper Cash has closed a $13.8 Million (KSh 1.5 Billion) funding led by Deciens Capital. The company plans to hire 30 new staff globally. The raise [...]Safaricom Launches Mpesa for Business App
Safaricom has launched the Mpesa for Business app, allowing businesses to withdraw money from their mobile phones and bank accounts at agents locations. The app only comes a few weeks [...]US Allows Companies to Work with Huawei on 5G Standards
The United States has amended its restrictions on Huawei, henceforth allowing its companies to work with Huawei on setting standards for next-generation 5G networks. According to the Commerce Department, the [...]Ride-Hailing Apps Shift Focus to Delivery Services
A drop in demand for taxi services has seen cab-hailing apps fire their employees to cut expenses. South-East Asia's leading cab-hailing service Grab Holdings has announced it will fire 360 [...]WhatsApp Payments Go Live in Brazil
WhatsApp today launched its payment platform in Brazil. Users in Brazil will be able to use the service by linking their WhatsApp account to a credit or debit card and [...]Just Eat Beats Uber to Acquire Grubhub for $7.3 Billion
British food delivery platform, Just Eat Takeaway, has acquired America's Grubhubfor $7.3 billion, creating the world's largest food delivery service outside China. The acquisition now edges out Uber Technologies, which [...]
