EXCLUSIVE: SA payments industry shows cautious signs of good growth in 2023
Much of the growth shareholders are looking for will depend on a stable macro environment and good access to skills says Chris Wood, Regional Managing Director, Southern Africa and PALOPS at Network International.
Chris Wood
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Kenya is Africa’s second most popular investment destination – start-up report
Research shows that between January 2015 and November 2022, 242 tech start-ups raised a combined US$1,281,918,200.
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Resilient Africa must leverage informal sector, demographics to attract start-up investment
Venture capitalists remain interested in the continent, despite challenges, but the onus is on Africa to do all it can to sustain investment.
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Tanzania’s Ramani announces US$32m funding
Software firm will use new capital to scale its network of MDCs and also launch a new micro-credit offering for select MDCs.
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Low tariff costs dent Econet’s half-year performance
Telco reports a ZW$5,78bn loss in the first half of August.
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SilverBridge joins global technology group
Deal will help SilverBridge execute its international strategy says Lee Kuyper, Chief Executive Officer at SilverBridge and Alula Insurance Technologies.
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4SI buys back 19% of issued shares
Deal means more value for the remainder shareholders as possible dividends in the future will result in more dividends per share, says CEO Tertius Zitzke.
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New termination rates, excise duty dent Safaricom's voice revenue
Voice revenue decreased by 3.8% to KShs 39.99-billion, according to the company’s half-year results.
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Gigamon recognised as top deep observability vendor, with 68% market share
Revenue in the deep observability market is projected to reach $278 million in 2022, and is forecast to reach $2 billion by 2026, according to the 650 Group report.
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MTN’s African operations weather economic storm to strengthen Q3 results
MTN has paid homage to resilience of its South Africa, Nigeria, Ghana, Rwanda and Uganda subsidiaries.
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Gigamon delivers pivotal advancements across deep observability pipeline with GigaVUE 6.0 release
The deep observability cosempany announced an expansive set of new capabilities to the Gigamon Hawk Deep Observability Pipeline.
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Airtel Africa shrugs off micro-economic challenges
Telco points to regulatory KYC issues in Nigeria, as well as impact of tower infrastructure sales.
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Toriola applauds MTN Nigeria’s fiscal discipline on back of strong Q3
Operator acknowledges tough macroeconomic conditions. Annual inflation rate in Nigeria rose to 17-year high of 20.8% in September this year.