KAMPALA, September 30, 2025–Uganda’s economic growth continues to be strong, with real gross domestic product (GDP) accelerating from 6.1% to 6.8% in the nine months from July 2024 to March 2025. A new World Bank report shows that this good performance was driven by agriculture, manufacturing, construction, plus household and government consumption. In contrast, the…
Automated reconciliation simplifies complexity. Transaction Junction, which positions itself as a leading fintech innovator in Southern Africa, has launched a game-changing automated reconciliation platform: TJ Recon PRO. As the next generation of the company’s established TJ Recon service, PRO is bank-agnostic and specifically engineered to simplify and streamline financial processes for businesses with the most…
SMME early payments: 13 days | Socio-economic transformation spend: R431m The company reported a net loss after tax of R246m, primarily due to provision for expected credit loss (ECL) driven by the economic challenges of its customers. Looking ahead Sentech will continue to focus on accelerating digital transformation, enhancing service delivery, expanding partnerships, and growing…
Shares of MTN Group Ltd. experienced a steep decline in Johannesburg on Monday, falling by as much as 10%—the largest drop since March 2023. The plunge followed the announcement that the company’s South African revenue had fallen, leading to a management shake-up. Investors were also concerned about a U.S. Department of Justice probe into the…
MTN South Africa has revised its mid-term service revenue guidance downwards as the operator faces stiffer competition in its home market, despite a positive upswing in its operations in the rest of Africa. The business “continues to navigate an environment characterised by elevated competitive intensity and ongoing pressure on consumers”, MTN Group said in its…
Nvidia and AMD have reportedly agreed to give the U.S. government 15% of the revenue from the sale of their advanced AI chips to China. This comes as the Trump administration recently reversed a ban, allowing sales of chips like Nvidia’s H20 to resume. Read: Bandwidth Blog & Smile 90.4FM Tech Tuesday: iPad Pro and…
The system enables DLTC teams to operate with greater accuracy and reduced administrative burden. In a world where digital transactions dominate the private sector, public-facing institutions are modernising their approach to fragmented systems, manual processes and reconciliation challenges. A quiet revolution is under way at Driver Licensing Testing Centres (DLTCs) in South Africa, one that…
Telkom says it expects continued growth. Telkom has kicked off its financial year on a strong note, continuing its positive momentum with a 1.1% increase in group revenue to R10.8 billion for the first quarter. The JSE-listed telecommunications firm today published its trading update for the first quarter ended 30 June. According to the company,…
During a recent earnings call, Apple CEO Tim Cook revealed that tariffs imposed by the Trump administration could add an estimated $1.1 billion to the company’s costs in the September quarter. This comes after Apple reported spending $800 million on tariffs in the June quarter, which was slightly less than the $900 million it had…
A visitor takes a picture of a model of SK hynix’s high-bandwidth memory (HBM) technology during the 2025 World IT Show in Seoul on April 24, 2025. Jung Yeon-je | Afp | Getty Images South Korea’s SK Hynix on Thursday posted record operating profit and revenue in the second quarter, driven by sustained demand for…
