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30-10-2014 22:52:00 | by: Administrator | hits: 19287367 | Tags:

Mandela Mining Precinct research towards digitalisation of mining in South Africa
22-01-2020 | 12:19:00
The Mandela Mining Precinct, supported by the Department of Science and Innovation (DSI), is working on an innovation that will improve safety and efficiency in the mining sector.
Nine out of 10 CISOs say the board asks them for advice, but half of companies still lump cybersecurity into IT budget
15-01-2020 | 08:50:00
The vast majority (89%) of Chief Information Security Officers (CISO) are regularly summoned by the board of directors to provide recommendations for the business.
Two-thirds of industrial organisations don’t report cybersecurity incidents to regulators, Kaspersky report
08-01-2020 | 05:12:00
A recent Kaspersky survey has discovered that two-thirds (67%) of industrial organisations do not report cybersecurity incidents to regulators.
Consumer driven growth, low global commodity prices key to boosting Kenya GDP growth, ICAEW report
02-01-2020 | 05:40:37
Consumer driven growth and low commodity prices are driving Kenya’s GDP growth according to a new report from the Institute of Chartered in England and Wales (ICAEW): Economic Update: Africa Q4 2019.
ECOWAS records 3.3% growth in 2019, investments hit $20b
30-12-2019 | 07:35:00
Despite security challenges experienced by the Economic Community of West African States, growth within the region hit 3.3% while investments from development agencies like the African Development Bank rose to $20 billion.
Uganda, Ghana, Botswana have most women business owners in the world - Mastercard Index
19-12-2019 | 10:16:00
The third edition of the Mastercard Index of Women Entrepreneurs has listed three African countries as global leaders in terms of women-owned businesses.
[South Africa] Africa’s DPO Group reports a 35% jump in Black Friday online payments
11-12-2019 | 03:26:16
DPO Group has reported a record 35% year on year increase in the number of digital transactions made in South Africa on its platform on Black Friday,
[Kenya] Jumia Food Index report predicts a 50% increase in On-Demand deliveries in 2020
04-12-2019 | 05:14:00
Jumia Food has launched the Kenya Food Index. The food index predicts a 50 percent increase in On-Demand deliveries in 2020.
[South Africa] Teraco appoints Jan Hnizdo new CEO
02-12-2019 | 08:55:00
Africa’s largest vendor neutral data centre, Teraco, has announced that Lex Van Wyk will step down as Chief Executive Officer, effective 1 January 2020.
Cloud offers 20% saving on IT spend
28-11-2019 | 08:53:00
To realise the full benefit of cloud migration, business leaders must understand the real business benefits for moving an application to the cloud.
$13 billion a year is lost in potential earnings for victims of domestic abuse in workplaces, research
27-11-2019 | 05:48:00
Across nine countries, an estimated $13 billion a year is lost in potential earnings for victims of domestic abuse across the working population.
[Kenya] Equity’s growth in non-funded income well aligned to diversification strategy
21-11-2019 | 13:05:57
Equity bank grew its non-funded income portfolio which contributed 41% of the lender’s earnings. The non-funded revenue stream in Q3 2019, grew to Kshs 22.5 billion, registering a 14% during the same period last year.
[Kenya] Equity Bank nets Ksh.100 billion of diaspora remittances
14-11-2019 | 18:20:36
Equity Group's diaspora remittance volumes hit Sh100 billion in the nine months to September, helping boost the lender's forex trading income to Sh. 2.84 billion in the period.
Africa has grasped the Fourth Industrial Revolution, needs to improve access to finance, skills and inclusive growth, AfDb report
13-11-2019 | 12:08:00
A report compiled by the African Development Bank reveals a continent that is embracing the brave new world of the Fourth Industrial Revolution but needs to improve access to finance, skills and inclusive growth.
[South Africa] Nokia showcases 5G, AI potential at AfricaCom 2019
13-11-2019 | 08:38:29
Nokia will showcase the enormous potential of the latest technologies, including 5G and Artificial Intelligence (AI), with interesting demonstrations at AfricaCom.
More than 855,000 children remain out of school in North-West and South-West Cameroon, UNICEF
06-11-2019 | 11:36:00
Three years of violence and instability in the North-West and South-West regions of Cameroon has left more than 855,000 children out of school, UNICEF warns.
Kenya’s digital economy propels the country’s economic growth, more to be done for the economy, society and jobs of the future, World Bank
31-10-2019 | 06:24:00
As Kenya’s digital economy propels the country’s economic growth, a new World Bank economic update says more needs to be done to prepare citizens and businesses for the economy, society and jobs of the future.
[South Africa] Security spend on the rise, IDC report
31-10-2019 | 05:45:59
The global cybersecurity market is booming, the demand for cybersecurity solutions is huge and security spend has already started outpacing IT spend.
Madagascar remains on a robust growth trajectory but risks and policy challenges abound, World Bank
29-10-2019 | 10:30:00
While growth was held back in 2019, it remained generally robust and is expected to pick up to an average of 5.4% in 2020-21, according to World Bank's economic update on Madagascar.
South Africa's expenditure on R&D continues to grow, National R&D Survey
29-10-2019 | 09:17:00
Spending on research and development (R&D) in South Africa continues to increase although at a slower rate than before, according to the National Research and Experimental Development Survey.
Lack of competition in broadband markets keeping millions offline, A4AI report
23-10-2019 | 09:34:26
Research published by the Alliance for Affordable Internet (A4AI) has found out that consolidated broadband markets are keeping prices high keeping millions of people offline.
Centrify poll reveals regional enterprises not taking action to secure privileged access to cloud
23-10-2019 | 05:03:00
Centrify, a leading provider of cloud-ready Zero Trust Privilege to secure modern enterprises, today announced results of an onsite poll conducted during GITEX 2019.
47 countries make reforms to help farmers grow business, 4 African countries among top improvers, World Bank
22-10-2019 | 08:42:00
Four countries in Sub-Saharan Africa are among the top ten reformers worldwide promoting favorable regulations for farmers in the areas measured, a report issued by the World Bank finds.
[Column] Cameron Beveridge: The new business battlefield
18-10-2019 | 12:36:18
Until recently, it was nearly impossible to prove the business impact of customer experience through quantifiable data.
[Kenya] Equitel’s Mobile commerce payments records 16% growth
17-10-2019 | 09:20:48
Equitel has recorded a 16% growth in the number of mobile money commerce transactions, according to the latest data from the Communications Authority (CA).
Egypt's trade deficit drops near 19%
14-10-2019 | 09:41:00
Egypt’s trade deficit declined 18.9 percent during July 2019, recording $4.21 billion, compared to $5.18 billion in the same month of 2018, according to the state's statistics agency CAPMAS.
[Kenya] M-KOPA releases its 2019 Impact Report in partnership with Microsoft, Safaricom and Stanbic
09-10-2019 | 10:57:00
M-KOPA has today released its 2019 Impact Report, ‘Upgrading Lives’, with partners from Microsoft, Safaricom and Stanbic.
Furgo appoints Erik-Jan Bijvank as Group Director, Europe and Africa
09-10-2019 | 06:11:00
Fugro’s Board of Management has appointed Erik-Jan Bijvank as Group Director for Europe and Africa, effective 1 January 2020.
[South Africa] Absa PMI measures second consecutive large fall
03-10-2019 | 09:36:02
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined to 41.6 index points in September, down from 45.7 in August.
New oil finds in Kenya set to enhance economic diversity, ICAEW
03-10-2019 | 07:25:00
While most African countries are bearing the brunt of the US-China trade war, as well as a slump in commodity prices which is greatly affecting exporters, East Africa’s economic diversity is still playing a key role in cushioning the region from shocks.
[South Africa] DBSA delivers pleasing performance despite impact of subdued economy
01-10-2019 | 10:45:00
The DBSA delivered an encouraging set of results for the year ended 31 March 2019, despite the adverse impact of the subdued economy on the demand for infrastructure funding.
CredoLab jumpstarts financial inclusion in SA using smartphone data
01-10-2019 | 10:22:23
Alternative credit scoring fintech company, CredoLab, has officially launched on the African continent with the signing of three new clients – two banks and a leading airtime credit provider.
Spending on AI systems in the Middle East & Africa to top $374 million in 2020, IDC
01-10-2019 | 10:13:00
Spending on AI systems in the Middle East and Africa is expected to maintain its strong growth trajectory as businesses continue to invest in projects that utilize the capabilities of AI software and platforms according to IDC.
Malawi study confirms lasting impact of life-saving technology
24-09-2019 | 11:27:01
Malawi’s national adoption of affordable, rugged, neonatal CPAP technology as a part of routine hospital care resulted in sustained improvements in the survival of babies with respiratory illness, according to a new study in the journal Pediatrics.
Middle East & Africa PC monitors market sees first quarterly growth since 2017, outlook remains bleak
24-09-2019 | 09:19:00
The Middle East and Africa (MEA) PC monitors market saw shipments reach a value of $168.98 million for the second quarter of this year, according to the latest insights from International Data Corporation (IDC).
South Sudan struggles to survive despite improved food security conditions, UN agencies
17-09-2019 | 08:06:00
In spite of a slight improvement in the food security situation since June 2019, more than half the population of South Sudan, some 6.35 million people, do not know where their next meal will come from, three United Nations agencies warned.
Agricultural innovation & technology hold key to poverty reduction in South Asia and Africa, World Bank
17-09-2019 | 06:24:00
Developing countries need to dramatically increase agricultural innovation and the use of technology by farmers, to eliminate poverty, meet the rising demand for food, and cope with the adverse effects of climate change.
[South Africa] Santam posts solid operational half-year results
05-09-2019 | 10:48:00
Santam, South Africa’s largest short-term insurer has reported solid operational results for the six-month period ended 30 June 2019, in an environment characterised by tough trading conditions for short-term insurers.
African leaders have opportunity to embrace a high growth, low emission future, FTI Consulting
05-09-2019 | 09:35:00
African leaders have an opportunity to achieve long-term economic growth while minimizing environmental harm, according to a new report by FTI Consulting.
[Somalia] Boosting education outcomes is critical for sustained and inclusive growth, World Bank
05-09-2019 | 06:14:00
Improving education outcomes of the younger generation is key for enhancing productivity, sustaining economic recovery, boosting inclusive growth and promoting poverty reduction in Somalia.
[South Africa] Poor data management costs companies millions each year
04-09-2019 | 12:07:38
Companies are failing to meet user demand for uninterrupted access to applications and data and it is costing them millions each year according to the 2019 Veeam Cloud Data Management Report.
[South Africa] MultiChoice declares R1.5Bn payment to Phuthuma Nathi shareholders
03-09-2019 | 07:15:00
MultiChoice South Africa (MCSA) has declared a dividend of R1.5 billion to Phuthuma Nathi (PN) shareholders, an increase of 13.6% from 2018.
[Kenya] New iTax enhancement boosts July 2019 Capital Gains Tax revenue performance
27-08-2019 | 12:56:00
The Kenya Revenue Authority (KRA) has enhanced the iTax system to reflect exemptions in transactions that attract Capital Gains Tax (CGT).
[Egypt] Zohr gas production reaches 2.7 bcfd
27-08-2019 | 05:50:00
Eni announces that the production from Zohr field has now reached more than 2.7 billion cubic feet per day (bcfd), about 5 months ahead of the Plan of Development (PoD).
[Column] Olagoke Aluko: Liquefied Petroleum Gas (LPG) regulations lead the way in reshaping consumer behaviour and industry in Kenya
22-08-2019 | 08:26:00
Kenya has paid a heavy price in lives lost for its slow uptake of LPG as a cooking fuel.
M&A deal value in Africa rises 32% in H1 2019
19-08-2019 | 09:06:18
There has been a sharp increase in the value of total mergers and acquisitions deals in Africa in the first half of 2019.
Ghana-Canada trade hits $264m
12-08-2019 | 08:18:00
The government of Canada has reaffirmed its commitment to improve partnership with Ghana in the mining sector to help realise the “Ghana Beyond Aid” agenda.
Greater resilience needed for African food security in the face of climate change, FAO
06-08-2019 | 12:04:00
Resilience must be boosted in Africa in response to climate change, according to participants at the high-level Africa Food Security Leadership Dialogue hosted by the Government of Rwanda in Kigali.
[Kenya] Equity Group delivers 18% asset growth as profit before tax grows by 10%
01-08-2019 | 14:16:00
Equity Group registered an 18% growth in total assets to reach Kshs.638.7 billion up from Kshs.542.02 billion registered the same period the previous year.
Macroeconomic management weakens, social inclusion policies improve slightly in Africa’s poorest countries, World Bank
01-08-2019 | 08:35:00
Africa’s poorest countries saw little to no progress on average in improving the quality of their policy and institutional frameworks in 2018, according to the released World Bank’s annual Country Policy and Institutional Assessment.
[Gambia] African Development Bank extends $3 million grant from the Transition Support Facility
01-08-2019 | 06:26:44
The African Development Bank has extended a $3 million grant from the Transition Support Facility (TSF) to the Republic of The Gambia for sustainable urban development of the greater Banjul Area.
[South Africa] Cape Town deploys new innovation to support more than 170 000 informal traders
30-07-2019 | 14:52:00
In collaboration with SAP, the city of Cape Town has deployed a flexible, integrated digital support platform to ease the process of compliance and equip the City with valuable data about informal trade across its more than 2 400km2 area.
[South Africa] SAP to co-innovate with Discovery Health to transform health insurance businesses into intelligent healthcare enterprises
30-07-2019 | 14:30:29
SAP and Discovery Health are partnering to combine data-driven insights, insurance and healthcare products with a customer-centric engagement platform to enable health insurance businesses transform into intelligent healthcare enterprises.
[Column] Adebayo Sanni: Managing the autonomous evolution
25-07-2019 | 08:42:00
Humans are now generating an estimated 2.5 quintillion bytes of data every single day, with more data being created in the past two years than in all of human history.
Demand for financing and global knowledge remains strong in Middle East and North Africa, World Bank
23-07-2019 | 12:01:00
The World Bank responded to strong demand from the Middle East and North Africa Region (MENA) during the financial year that ended on June 30th, 2019, with US$5.47 billion in new commitments to invest.
[Column] Trent Odgers: The rise of Africa’s cloud
18-07-2019 | 07:44:00
With mobile subscriber penetration in Africa set to reach 52% by 2025 with an estimated 634 million unique users, the continent is poised for exciting growth.
Youth population to drive strong subscriber growth across Sub-Saharan Africa, GSMA Study
17-07-2019 | 05:53:30
Sub-Saharan Africa will remain the world’s fastest-growing mobile region over the coming years as millions of young African consumers become mobile users for the first time, according to a new GSMA study.
World hunger not gone down after three years, obesity still growing, UN report
16-07-2019 | 09:19:00
An estimated 820 million people did not have enough to eat in 2018, up from 811 million in the previous year, which is the third year of increase in a row.
Seabed Geosolutions wins 4D ocean bottom node survey, offshore West Africa
16-07-2019 | 07:00:00
Seabed Geosolutions has been awarded a 4D ocean bottom node (OBN) monitor survey in West Africa for a major oil company.
Head in the clouds: Humans cause nine out of ten data breaches in the cloud
10-07-2019 | 11:13:14
Incidents in public cloud infrastructure are more likely to happen because of a customer’s employees rather than actions carried out by cloud providers, according to a new Kaspersky report.
[Column] Hans van Linschoten: Data sovereignty in Africa, why you should care
08-07-2019 | 09:47:00
African businesses are currently making massive investments in things like machine learning and artificial intelligence tools and are using cloud and virtualized infrastructure to enhance service delivery
1.5m new mobile subscriptions listed in Kenya in the three months to March
03-07-2019 | 04:41:00
Mobile operators listed 1.5 million new active subscriptions in the three months ending March 2019, a report by the Communications Authority of Kenya (CA) released today shows.
IOM, WFP conduct first beneficiary data exchange in South Sudan
02-07-2019 | 07:18:00
IOM and WFP completed the first functional data exchange between their own beneficiary management systems to provide updated information on tens of thousands of people receiving assistance in Upper Nile and Jonglei regions.
[Interview] Stephen Newton, CEO, biNU, South Africa
01-07-2019 | 09:40:00
Stephen Newton is a South African entrepreneur and business leader, the current Chief Executive Officer of biNU, South Africa.
[Nigeria] Telecom investment hits $70b
01-07-2019 | 07:54:00
The executive vice chairman of the Nigerian Communications Commission, Prof. Umar Danbatta, has revealed that total investments in the Nigeria telecom industry stood at $70 billion in 2018.
[South Africa] JSE now offers historical tick data in the cloud
27-06-2019 | 09:00:00
The Johannesburg Stock Exchange (JSE), Africa's largest, multi-asset class stock exchange, now offers historical equity; equity derivatives and currency derivatives tick data in the cloud.
Launch afriQloud: Leapfrogging Africa’s innovation agenda with local cloud solutions
25-06-2019 | 04:42:00
afriQloud launches in Uganda, 15 African countries to follow in next year
African hotel markets experience sound transactional activity, HTI Consulting
20-06-2019 | 08:05:00
Though Africa remains a market where hotel real estate investment is typically dominated by development, increasing transactional activity is providing much needed liquidity.
[Kenya] Equity Bank, KCB record highest return on equity, Cytonn report
20-06-2019 | 06:11:00
Cytonn Investments has released its 2019 first quarter Banking Sector Review, which highlighted the performance of the listed banks in Kenya.
[South Africa] 40% would give up social media to guarantee lifetime data privacy, Kaspersky’s study
19-06-2019 | 08:30:00
Kaspersky’s recent report has revealed that four-in-ten (40%) of South African consumers would give up their social media accounts to guarantee their data remains private for the rest of their life.
[South Africa] GCR publishes country risk scores for 28 countries from across the globe
18-06-2019 | 12:54:19
Through its interaction with the Country Risk Assessment, the Global Credit Ratings (GCR) has published country risk scores for 28 countries from across the globe.
Emerging markets are money savvy and ready for change, Luno survey
18-06-2019 | 10:57:00
The adoption of cryptocurrencies in developing countries has been well documented and the anomaly is often flagged that people who have less appear to take greater financial risks.
Nigeria's internet users surpasses 115 million milestone
17-06-2019 | 12:23:00
The Nigerian Communications Commission has said that the Internet users in Nigeria increased marginally to 115,938,255 million in March 2019.
Egypt, China trade exchange hits $13.8b in 2018
17-06-2019 | 11:19:00
Trade exchange between Egypt and China increased 27.6 percent during 2018, recording $13.8 billion.
Over 60 percent of global consumers shop online monthly, report
14-06-2019 | 06:25:00
More than 60 percent of global consumers shop online at least once a month with the majority of those sessions stemming from a mobile device.
[Column] Kayleigh Alexandra: Why Africa's ecommerce industry is poised for boom
13-06-2019 | 11:04:00
Africa is the second largest continent on the planet, the most populated area on the globe, and home to one of the fastest-growing consumer bases in the world.
Economic challenges cause decline in Africa's smartphone market, IDC research
13-06-2019 | 08:39:00
Africa's smartphone market saw a 7.1% decline in shipments quarter on quarter (QoQ) in Q1 2019 to total 21.5 million units, according to the latest insights from International Data Corporation (IDC).
Foreign direct investment to Africa defies global slump, rises 11 percent, report
13-06-2019 | 06:00:00
Africa escaped the global decline in foreign direct investment (FDI) as flows to the continent rose to US$46 billion in 2018, an increase of 11 per cent on the previous year.
46% of South African companies piloting AI technologies, report shows
13-06-2019 | 03:11:00
Artificial intelligence (AI) pilots and experimentation are now prolific across South African companies, with businesses showing a willingness to embrace AI and experiment using new technology.
[South Africa] Poor data mastery impacting ability to drive value from data, Oracle report
12-06-2019 | 06:28:39
On average less than 40% of companies in Europe, the Middle East and Africa (EMEA) are confident they can master their data – that is managed, secure and gain insight from data, and use it responsibly.
40% of Kenyans using Opera Mini browser to access Facebook
12-06-2019 | 05:23:42
40% of Kenyans using global mobile browser Opera Mini access online social media site Facebook, says a 2019 State of Mobile Web Report for Africa.
Cameroon cataract bond records successful first year
11-06-2019 | 08:24:29
An innovative cataract project funded through a development impact bond has celebrated a monumental first year, screening more than 50,000 patients and completing more than 2,300 cataract surgeries in Cameroon.
[South Africa] Sanlam reports satisfactory performance in four-month operational update
06-06-2019 | 10:39:00
Sanlam reported a satisfactory operational performance in the four months to 30 April 2019, despite persisting headwinds in South Africa.
[South Africa] Sanlam paid out close to R4 billion in claims in 2018, report
04-06-2019 | 10:44:00
In 2018, Sanlam paid out R3,9b in claims, with R3,2b being for life cover, R329m for income cover and R323,5m for trauma and injury.
[Ghana] GOIL Company increases profit by 26 percent, approves Exxon Mobil partnership deal
04-06-2019 | 06:13:00
GOIL, made a consolidated profit after tax of GH₵81.9 million. The company has also, by resolution at its Annual General Meeting in Accra, changed its name from Ghana Oil Company Limited to GOIL Company Limited.
South African data firm, Redstor, opens office in Netherlands
30-05-2019 | 10:28:00
Redstor, the data management SaaS business with technology developed in South Africa, has opened a new Amsterdam office as part of a global expansion strategy.
Equatorial Guinea implements IMF's Enhanced General Data Dissemination System
30-05-2019 | 06:27:00
Equatorial Guinea has implemented the recommendations of the IMF’s Enhanced General Data Dissemination System (e-GDDS) by publishing critical data through the National Summary Data Page (NSDP).
[South Africa] Telkom investment in broadband boosts mobile services revenue
29-05-2019 | 11:54:52
Telkom South Africa's performance for the year ended 31 March 2019, driven by the mobile business, saw mobile services revenue increase by 58.3% underpinned by the group’s broadband-led proposition.
[Kenya] Kenindia raises interest on retirement funds as investment income rise
23-05-2019 | 15:00:27
Kenindia Assurance has increased interest payable on retirement funds under its management to 11.5% for the year December 2018. This is a rise from the 11.25% it posted in 2017.
[Kenya] KCB Group Q1 2019 net profit up 11% to KShs. 5.8 billion, report
23-05-2019 | 10:35:00
KCB Group net profit grew 11% to KShs. 5.8 billion in the first quarter of 2019 from KShs. 5.2 billion reported the same period last year.
GODAN high level agricultural policy meetings conducted in Ghana
23-05-2019 | 09:02:45
The Executive Director of the GODAN Initiative was in Ghana holding a series of meetings with Ministers and representatives as part of GODAN's efforts to support common Open Data and Agricultural policy in Western Africa.
[Column] Iniel Dreyer: Data Management as a Service is a solution for the mining digital revolution
16-05-2019 | 05:37:00
Mining has always been an intensive industry, from the perspective of resources, time, labour and people safety.
[Column] Ian Dury: Embracing Tech for Effective Management
15-05-2019 | 02:48:35
As organisations across the globe attempt to manage these massive datasets, varying sources and formats emerge. This leads to disparate data, management silos and questionable reporting based on varying data.
MTN Cameroon recorded over one million new subscribers in the first quarter of 2019
14-05-2019 | 07:03:00
MTN Group has published its financial results for the first quarter of 2019 in Johannesburg, South Africa showing sustained growth in all segments, with 236.6 million subscribers as of March 31, 2019.
Ethiopia benefits from tax policy reform, AfDB report
06-05-2019 | 10:12:00
Revenue collection in Ethiopia has increased significantly after the government implemented tax reforms to boost resources.
World Bank, Egypt sign $200m agreement to promote local economy
06-05-2019 | 07:04:00
The World Bank and Egypt have yesterday signed an agreement to support the next generation of reforms in Egypt focused on promoting entrepreneurship and creating more job opportunities particularly for young people and women.
Africa fintech sector to hit the $3 billion mark by 2020, ICAEW report
02-05-2019 | 12:57:55
The Africa FinTech sector is set to show strong growth over the medium term, from roughly $200m in 2018 to $3bn by 2020 according to, the Institute of Chartered in England and Wales, ICAEW's latest report.
Insurance CEOs optimistic about digital transformation, PwC survey
02-05-2019 | 11:47:00
Globally, leading insurance companies are embracing the future and capitalising on technological advancement and innovation much faster than other industries.
[South Africa] Absa PMI rose to 47.2 index points in April, report
02-05-2019 | 11:00:00
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose by 2.2 points to reach 47.2 index points in April. This was the first increase after three months of declines in the headline PMI.
[South Africa] Telcos ignore half of all consumer complaints on social media
02-05-2019 | 07:40:14
South African consumers have threatened to quit networks as half of all complaints on social media go unanswered by mobile operators.