Finfluencers drive inclusion but expose consumers to risks

Finfluencers drive inclusion but expose consumers to risks

There are both risks and opportunities presented by the rise of finfluencers. (Image source: 123RF) The rapid rise of financial influencers, or “finfluencers”, across South Africa’s social media platforms is a double-edged sword – representing both unprecedented opportunities for financial inclusion and significant risks related to misinformation. This was the sentiment shared by regulators and…

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Africa: Kenya Yet to Pay Afcon Ksh 3.9bn Hosting Fee, Given Strict Timeline or Risk Losing Rights

Africa: Kenya Yet to Pay Afcon Ksh 3.9bn Hosting Fee, Given Strict Timeline or Risk Losing Rights

Nairobi — Kenya’s hosting of the 2027 Africa Cup of Nations (AFCON) is in jeopardy after Sports Principal Secretary Elijah Mwangi revealed that the country is yet to pay Ksh 3.9 billion (USD 30 million) hosting fees to the Confederation of African Football (CAF). Appearing before the National Assembly Departmental Committee on Sports and Culture…

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OpenAI plans desktop ‘super app’

OpenAI plans desktop ‘super app’

OpenAI has confirmed a Wall Street Journal report that it plans to fold its ChatGPT app, coding platform Codex and browser into a single desktop “super app” to simplify user experience. OpenAI president Greg Brockman will temporarily oversee the product overhaul and associated organisational changes, while chief of applications Fidji Simo will lead the sales team…

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Africa: Kenya Yet to Pay Afcon Ksh 3.9bn Hosting Fee, Given Strict Timeline or Risk Losing Rights

Africa: UN Mourns Constitutional Lawyer-Turned Top Crisis Diplomat, Nicholas Haysom

The UN is mourning the loss of Nicholas Haysom, the Secretary-General’s Special Representative for South Sudan, whose went from advising Nelson Mandela following the historic anti-apartheid struggle to becoming a “tireless” champion of crisis diplomacy for the UN in Africa, Asia and the Middle East. The distinguished lawyer and diplomat from South Africa was appointed…

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Home affairs pressed to expedite digital upgrades

Home affairs pressed to expedite digital upgrades

Digital transformation has been touted as key to the DHA’s internal systems controls. (Image source: 123RF) Parliament’s oversight committee on home affairs has urged the department to “urgently accelerate” its digital transformation programme to strengthen internal controls. This, after a Special Investigating Unit (SIU) investigation uncovered large-scale immigration fraud and corruption at the Department of…

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