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PayU, the payments and FinTech business of Prosus, has announced its collaboration with Celo, the mobile-first, open-source blockchain ecosystem focused on making DeFi accessible to anyone with a smartphone. In addition to a purchase of CELO, the utility and governance token for the Celo community, PayU has partnered with payment infrastructure company First DAG and Celo’s Alliance For Prosperity to offer stablecoin payments. With this integration, almost half a million of PayU’s merchants will be able to accept Celo’s stablecoin, cUSD. The move will open the doors for millions of people in emerging markets who are underserved by traditional financial…
New data released by Netstar has revealed the massive impact the protests and looting of last week have had on the trucking industry’s ability to deliver much-needed goods to market. Netstar says three major clients lost more than 613 000km in delivery miles in just five days. That is the equivalent of traveling around the globe 15 times. According to the telematics company between July 10th and 16th their clients’ ability to deliver goods across the country fell by more than 74% when compared to the previous three months data. It says between these three clients nearly 30 000 (thirty thousand) delivery…
South African enterprises took a step backward in digital transformation over the first year of the pandemic, as disruptions, lockdowns and staff unable to maintain operations remotely slowed down the roll-out of new systems at head offices. This is one of the startling findings of the Digital Corporation in South Africa 2021 research study, conducted by World Wide Worx with the support of Syspro, Dell Technologies, Intel and Cycan. The slow-down came despite expectations that remote working would accelerate digital transformation, due to the demands it placed on companies to be able to operate digitally. As many as two-thirds of…
Telkom today revealed its new music streaming platform, in partnership with Tencent-owned JOOX, available from the Huawei AppGallery and Google Play Store. Telkom recognizes that the landscape of music streaming is changing and highlights that the stand-out feature of its music app is the fact that it focuses on data-saving and shared music experiences between users. “In true Telkom style, our mission is to leave no man behind and we are thrilled to introduce this offering. We’ve introduced a bouquet of products recently to cater to the content needs of our customers, including video-on-demand and gaming services; and this closes…
A revolutionary new approach to offering Ultra-Personalised, Artificial Intelligence-Enabled Healthcare from tech-trendsetting company Cortex Logic is set to transform the way medical aid schemes, consumers and corporates offering employee benefits as part of their EAP (Employee Assistance Programmes) view their current healthcare offering. The Journey Wellness platform is perfectly timed to coincide with the current global shift in Healthcare, as the focus moves from a disease-management model to one that encourages optimum health and disease-avoidance, targeting younger as well as existing members with a holistic, pro-active offering. Corporates and medical schemes are realising that they need to offer their employees…
Enygma Ventures announced today it is investing R4 million into Feelgood Health, a go-to-one-stop natural health retailer and wholesaler, in South Africa. Enygma Ventures is a venture capital firm that invests in women entrepreneurs across the SADC region. “Of the many things that the Covid-19 pandemic has highlighted, the need to have steady and reliable access to health supplies has been at the top of the list” said Lelemba Phiri, Principal and Operating Partner for Enygma Ventures. “The Feelgood Health team brings decades of experience products. We are excited to see them scale at a time when natural health products…
Naspers announced on Wednesday a R34 million investment in InsurTech business Ctrl, through its early-stage business funding initiative Naspers Foundry. Ctrl is a digital short-term insurance advice platform that was founded in 2017. Ctrl provides a unique tech solution to the short-term insurance industry and consumers through its single platform, which connects consumers, brokers and insurers in one place. The platform enables brokers to provide insurance advice digitally and allows underserved consumers to easily compare multiple quotes, obtain advice, accept cover and manage their policies. “Ctrl has created a smart digital platform that unlocks consumer choice and competitive pricing in…
The South African Post Office has warned the public of email and text messages meant to convince the receiver to pay money into a fraudulent account. The Post Office said the latest text message includes the name of person who is receiving the message and either states that the address of the receiver is illegible, or that the parcel can only be released once a clearance fee has been paid. “The emails and messages differ in format, but they all contain a link. Should the receiver click on the link, a page requesting payment opens where the receiver can make…
My Smart City citizen’s platform was built to make it easy for South Africans to track and manage service delivery issues. The platform has been developed by Acumen Software, a software development and business consulting company. The My Smart City is a citizen platform that allows city residents to engage service providers within a city. These service providers include Municipal Services, Emergency Services, Private Services, and events in the city. My Smart City is a collaborative platform that allows citizens to engage key stakeholders in their community in a dialogue, sharing ideas and concerns to improve the services of the…
Zadara, edge cloud services provider, today announced that Africa Data Centres, Africa’s largest network of interconnected, carrier- and cloud-neutral data centre facilities, and service provider Global Sense have added its edge cloud services to their marketplace. Zadara’s resilient, enterprise-grade products and services, including its Federated Edge program, are now available in Midrand, South Africa, and will soon be expanded into all Africa Data Centres locations to serve enterprise customers throughout the continent. With data centers located across Africa’s major regional business and trade hubs, Africa Data Centres sits at the heart of Africa’s digital transformation. These locations are rapidly emerging…