Sim crime goes industrial as fraudsters target South Africa’s digital economy

Sim crime goes industrial as fraudsters target South Africa’s digital economy

A Sim card is, effectively, a portable identity token. Once compromised, it gives attackers a backdoor into bank accounts, digital wallets, investment apps and high-risk transactional environments. Sim-swap fraud, identity impersonation and large-scale Sim-farm operations are no longer fringe problems; they are industrialised criminal enterprises. The Communications Risk Information Centre 2025 Telecommunications Sector Report found…

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Angola unveils landmark gas consortium project, boosting energy sector and national economy

Angola unveils landmark gas consortium project, boosting energy sector and national economy

Angola’s President João Lourenço. PHOTO/UGC. By ENERGY CORRESPONDENT [email protected] Angola has made a significant leap forward in its energy sector with the launch of the Soyo non-associated gas plant and the establishment of the new gas consortium (NGC). The development expected to drive economic growth, industrial diversification, and enhanced energy security nationwide was announced in…

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Araxi grows revenue to R653m despite weak economy

Araxi grows revenue to R653m despite weak economy

Araxi CEO Bradley Sacks. Fintech group Araxi (previously Capital Appreciation) says it has delivered resilient financial performance, growing its revenue to R653 million, amid ongoing low business confidence and sluggish economic growth. In its latest results for the six months ended 30 September, the group says two of its divisions attracted new clients and secured…

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US ranchers whiplashed by Trump’s beef policies | Business and Economy News

US ranchers whiplashed by Trump’s beef policies | Business and Economy News

It has been a whiplash-inducing month for the American rancher, one of United States President Donald Trump’s most steadfast voting blocs. Starting with an October 19 quip from Trump that the US would increase beef imports from Argentina to the ensuing rancher backlash against the announcement of an investigation into the hyperconsolidated US meatpacking industry…

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Africa: Diversifying the Economy – a Key Lever for Sustainable Growth in Mauritania

Africa: Diversifying the Economy – a Key Lever for Sustainable Growth in Mauritania

Nouakchott — Achieving Mauritania’s ambition of becoming an upper-middle-income country by 2050 will require accelerated economic diversification, according to the World Bank Group’s Growth and Jobs Report released today. According to Ibou Diouf, World Bank Country Manager for Mauritania, “this report suggests an analytical framework to support the Government’s efforts to create the conditions for…

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H3C and Tarsus ignite a new channel growth engine for Africa’s digital economy

H3C and Tarsus ignite a new channel growth engine for Africa’s digital economy

Success doesn’t happen in isolation. The partnership between H3C and Tarsus Distribution demonstrates how aligned vision and complementary strengths can create value that extends beyond any single company. The recent H3C digital tour partner event, hosted with Tarsus Distribution, brought this partnership to life. Designed around the theme “H3C + Tarsus + Partner = Success”,…

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