Author: Staff Writer

MTN today announced the launch of e-SIM technology for postpaid customers. The e-Sim technology is available on the Samsung Galaxy Watch 42mm. These watches are only available to customers purchasing a 2-4-1 deal with the Samsung Galaxy Note10 or Note10+ on the newly upgraded MTN Made For Me or Sky Price plans. Jacqui O’Sullivan, Executive for Corporate Affairs at MTN South Africa: “We invested substantially in building the best mobile network in South Africa with the aim of offering our customers the best in innovation and experience to match.” New and existing postpaid customers who sign-up or upgrade on MTN…

CredoLab, an alternative credit scoring FinTech company, has launched in South Africa to help financial institutions and other lenders credit score more people, especially those who are new to bank and new to credit. Launched in Singapore three years ago, CredoLab develops bank-grade digital scorecards using smartphone device metadata. CredoLab signed up two banks and a leading airtime credit provider in SA earlier this year. CredoLab’s sales director for Europe and Africa, Michel Massain, was in the country last week meeting other large financial institutions, credit bureaus and consumer lenders. “You need a credit score to participate in the economy but…

SA Taxi has teamed up with Bridgestone South Africa, a tyre manufacturer, to provide tyre specifically designed for the Toyota minibus taxi. The tyre has been designed to meet not only the stringent requirements of the Ses’fikile Toyota Quantum minibus taxis but also the Original Auto Equipment Manufacturer requirements. SA Taxi finances entrepreneurs who operate minibus taxis that may not otherwise have access to credit from traditional banks. The South African National Taxi Council owns 25% of SA Taxi. Through SA Taxi Rewards, an associated multi-faceted loyalty programme, operators will be able to save R400 per tyre and earn rewards…

MTN Group today launched its “We’re good together” initiative. This is aimed at demonstrating how, in partnering with our host countries, we can change lives by improving digital access, driving financial inclusion, empowering and enabling SMEs, creating jobs and broad community development, among many others. As a pan African company with roots that are deeply anchored in the continent, MTN is telling its story that doing good business extends far beyond corporate social investment initiatives. Watch the Video Below: Our approach going forward is to always ask: how far can we all go? “To harness the potential of Africa and…

The top 12 innovative and sustainable FinTech solutions have been shortlisted for the Global Fintech Hackcelerator Southern Africa. The South African Reserve Bank (SARB) will host a Fintech Demo Day on 29 October 2019 to select the two winning solutions. In August 2019 the SARB joined forces with KPMG Matchi to run the 2019 Global FinTech Hackcelerator Southern Africa, an acceleration programme that creates a platform for FinTech firms to demonstrate their innovative solutions to complex financial challenges in the Southern African region. FinTech firms from all over the world were invited to submit an application in response to problem…

Cape Town-based 4ORT has launched the world’s first ‘fraud-free’ dynamic QR (Quick Response) code. A globally-patented algorithm ensures mobile users’ unique identities are securely stored within the code making duplication by fraudsters virtually impossible. Primarily used today within advertising and marketing campaigns, QR codes would be familiar to cellular users as a type of visual barcode readable by mobile handsets and which typically contains information about the item to which it is attached. 4ORT’s homegrown IP (Intellectual Property) takes static QR codes and introduces a dynamic element in the form of its patented algorithm. This ensures the watertight identification of…

Several million Zambian mobile users have been successfully registered by over 3 000 local agents over the past nine months using South African SIM card registration software.   The African-developed SIM (Subscriber Identity Mobile) registration system is helping Zambian mobile network operators (MNOs) comply with ZICTA (Zambia Information and Communications Technology Authority) KYC (Know Your Customer) requirements.   After winning a tender last year, the system designed by Johannesburg-based firm Axon Wireless is now fully bedded down and processing tens of thousands of mobile SIMs across Zambia each day.   “This is pan-African knowledge transfer at its best. After using…

Connectivity specialist SEACOM is partnering with IT solutions provider, Accelerit Technologies, to bring a ‘first-of-its-kind’, flexible bandwidth product to the market. This move expands the services of both Seacom and Accelerit to the country’s sixth-largest city for the first time. Developed in response to market needs, the new prepaid connectivity solution is sold by Accelerit and powered by Seacom. Wireless Internet Service Providers (WISPs) and mini ISPs in Bloemfontein will now be able to access IP Transit at competitive rates and on flexible contract terms. Empowered with expanded choice in best-in-class connectivity, product flexibility and cost-effective bandwidth rates, mini ISPs…

EdTech company Snapplify has raised $2 million (R29.7 million) to accelerate its international expansion initiatives and advance its data analytics capabilities to enhance classroom teaching effectiveness. Snapplify currently has offices across South Africa, as well as in Nairobi, Amsterdam and New Jersey. Knife Capital’s London presence will further capacitate Snapplify’s UK expansion initiatives. This round of growth funding will enable the company to gain more customers and increase its market footprint through business development, growing the team and refining customer-led product features. The funds were raised from venture capital firm Knife Capital via its SARS section 12J Venture Capital Company, KNF…

What is BeerMoney? Beer Money is the union of blockchain technology and the passion for cryptocurrencies, with the world of beer and the passion for craft beer.  Undoubtedly a safe bet, since craft beer is one of the most demanded beverages in a large number of countries and an expanding market in both total litres and totals billed worldwide. Beer Money is a complete ecosystem, which orbits the concept of craft beers.  Next, we will break down everything that can be done with them. The beer token The main element that unites the digital ecosystem is the appearance of Beer…