Capitec continued to grow its customer base, as active clients increased to 26.6 million. (Image supplied) Capitec’s fintech operations, comprising value-added services (VAS) and its mobile virtual network operator (MVNO) Capitec Connect, continued to gain momentum in the six months to 31 August, with net income from the businesses rising 30% to R2.7 billion. The…
The Chairman of the National Peace Council (NPC), Bishop Emanuel Kofi Fianu, has warned that the growing commercialisation of politics, misuse of technology and restrictions on civic participation could undermine democratic gains in Africa. He said electoral integrity and democratic stability across the continent were under increasing pressure from political money, disinformation and shrinking civic…
Berlin — German leader Friedrich Merz’s position is under threat as the far-right surges in popularity and support for his own center-right party tanks. The situation is so serious that he canceled a planned trip to New York next week to represent his country at the United Nations General Assembly. Merz, a conservative, is facing tremendous…
Leandre Derks, Director at Consensus Group. Schools are bringing interactive whiteboards into classrooms to make digital content part of everyday teaching. Teachers can use videos, online resources and interactive material during lessons, while giving learners more opportunities to take part. Teachers can annotate material directly on the screen, open online resources, use interactive models, involve…
Cell C’s second-half performance provides a clearer picture of its underlying business following the restructuring and listing transactions. (Image supplied) Cell C is targeting revenue growth in the upper-single-digit range in its 2027 financial year, after adding 1.3 million subscribers, growing wholesale revenue by about 20% and cutting net debt by 64% in its first…
Nigeria now has the highest headline capital gains tax rate among selected major African economies and one of the continent’s broadest regimes for taxing indirect transfers of Nigerian assets, according to a new report by PwC Nigeria. The report titled: “Nigeria’s Capital Gains Tax Reforms: What the New 30% Rate and Indirect Transfer Rules Mean…
Gregory MacLennan, CEO and co-founder of Digicloud Africa. The first Google Cloud Summit to be held in Africa generated massive excitement in the local market – an indication that the Google AI groundswell is here. This is according to Gregory MacLennan, CEO of Digicloud Africa – Google Cloud distributor for Africa and sponsor of the…
Across Africa last year, fewer people were uncertain about their ability to obtain adequate food or were forced to reduce the quality and quantity of what they ate. It was the first continent-wide improvement in food insecurity in a decade. The Hunger rate declined for the first time in nearly a decade, from 20.3 percent…
The expansion of remote work opportunities shows employers increasingly recognise flexible work as a strategic advantage rather than a short-term response. Remote work is no longer confined to South Africa’s ICT sector, with employers increasingly offering work-from-home vacancies across the finance, business management, sales and marketing sectors as organisations compete for skilled talent. According to…
The BRVM (Bourse Régionale des Valeurs Mobilières) has seen notable activity this week, with two key stocks demonstrating significant upward price movements. Sucrivoire Côte d’Ivoire (SCRC) led the charge, recording an impressive +18.61% gain over the last 7 days, closing at XOF 3920. This substantial movement positions SCRC as a top performer within the regional…
