Africa is home to a thriving telecoms industry typified by a small group of very large, dominant telcos – such as MTN and Safaricom – and a highly competitive group of emerging telcos. These telcos play a vital role in the continent’s economic and social development, providing essential connectivity to hundreds of millions of people that lack access to fixed broadband and fibre connectivity. The emerging telco opportunity Challenge #1 – Inventory Management Challenge #2 – Point-of-Sale Challenge #3 – SIM Recycling Challenge #4 – Dealer Management Technology presents exciting opportunities for African telcos to scale into new capabilities, deliver…
Author: Staff Writer
South Sudan’s President Salva Kiir has once again taken a decisive step by firing central bank governor Johnny Ohisa Damian, along with several other senior finance officials. This marks the second time in just over a year that Kiir has removed a central bank chief.
Mary Vilakazi has been appointed as the CEO of FirstRand, becoming the first woman to lead the financial services group in its 185-year history. This groundbreaking appointment marks a significant milestone for gender equality in the banking industry. Mary Vilakazi’s historic appointment as the first female CEO of FirstRand represents a significant step forward in promoting gender diversity and inclusivity in the financial services industry. Her proven leadership abilities and the strong foundation established by her predecessors position her well to lead FirstRand into a successful future.
The 2030 World Cup will break new ground by being hosted across multiple continents, with Spain, Portugal, Morocco, Uruguay, Argentina, and Paraguay selected as the host nations.
Anglo American Plc, one of the world’s largest mining companies, has initiated job cuts in its corporate and head office positions globally, citing a slowdown in the world economy and reduced demand for commodities.
Dunlop, under the backing of its parent company SRI, will invest R1.7 billion in expanding its Ladysmith manufacturing plant in KZN. The investment by Dunlop in expanding tyre production capacity signifies a significant step toward enhancing the automotive industry and creating a positive economic impact in KZN.
In an effort to address South Africa’s power supply challenges, French oil and gas company TotalEnergies plans to provide up to 1,000 megawatts of electricity to South Africa through its proposed liquefied natural gas (LNG)-to-power project in Matola, Mozambique.
Oil and gas supermajor TotalEnergies has successfully concluded the sale of a 40% stake in Block 20, located in the Kwanza Basin offshore Angola.
OMODA, the rising star in the automotive industry, partners with renowned fitness brand Planet Fitness to enhance the well-being of OMODA vehicle owners. Discover more about this exciting partnership and take advantage of these exclusive benefits by visiting the official campaign page at https://campaigns.omoda.co.za/planetfitness. Terms and conditions apply.
The African Development Bank (AfDB) and Google have entered into a partnership to advance digital transformation across Africa. The collaboration was formalized through a Letter of Intent signed during the Global Africa Business Initiative at the United Nations General Assembly in New York.