MTN Group, Huawei unveil innovation lab in South Africa

The Central Bank imposed transactional limitations on electronic currency institutions and required them to classify their clients based on risk assessment.

This initiative aims to bridge the digital divide in the unserved and underserved areas of Namibia by providing access to connectivity, according to the government.

Mobile Telecoms Company launched its 5G trials yesterday, while Telecom Namibia unveiled over 50 3G and 4G sites.

The R&D centre will focus on 5G, artificial intelligence, data analytics, cloud computing, and digital financial services.

The majority of the tower upgrades are in the North Western province, where this year, the government wants 19 4G towers installed and 41 refurbished.

Despite challenging markets, the mobile telco group’s operations are experiencing strong growth.

Felix Mutati, the Science and Technology Minister, announced the investment at an event honouring women in the information technology sector.

The shares have a three-year vesting period and are subject to performance conditions under the MTN performance share plan.

The use of 5G mobile technology will help populations not served by fibre to get connected at home and work.

The collaboration brings together skills and experience of both firms, according to the partners.

The app, which will be available on Google and App store, will be ready in January.