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Africa News
 Are cryptocurrencies out for world domination? You could probably say something like that. Maybe not in the dystopian sense, but definitely with regards to global interest. Simply muttering the words “blockchain” and “crypto” is a surefire way of getting a really interesting dinner table conversation going, but despite having a tremendous run and seeing its...
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Africa’s biggest startup story in 2020 was the acquisition, by US company Stripe, of Paystack —  an electronic payments processor that was founded in Lagos in 2015.  Valued at about $200-million, it was a landmark deal for Nigeria’s booming tech community. A hunt for more Paystacks has ensued among local and international investors. They are...
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Alex Gladstein SingularityU South Africa has announced its plans to host the  SingularityU Exponential Finance Summit online in 2021. Taking place from 28 – 30 July 2021, the summit aims to build and grow an African investment innovation ecosystem by connecting South Africa and Africa’s top entrepreneurs and innovative businesses with global venture capitalists, institutional...
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We have seen a big uptick in the hype surrounding bitcoin, driven largely by the massive returns reported. Recent Bloomberg research contrasted the rise in bitcoin with market bubbles, like the tech market crash in the late nineties. But there is almost no comparison. Tech stocks rose just more than 000% over the entire course...
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For years, there’s been a binary debate around cryptocurrencies and blockchain technologies. For the sceptics, they’re a fad, representing nothing more than technological solutions in search of a problem. For the evangelists, this is an unstoppable train that represents an opportunity to turn the traditional financial system on its head by creating a more equitable...
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In a few days, Sandile Mthembu — a pioneering vegetable gardener at the Elangeni Green Zone — will have lived in the tented camp put up by the eThekwini municipality on a vacant municipal plot behind the Elangeni Hotel on Durban’s North Beach for an entire year. Mthembu, 26, was among the first residents of the...
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The corrupt, those with power and those who abuse others thrive when their wrongdoing stays hidden. In government and in the private sector these secrets are kept because people have so much to lose when speaking out.  As this newspaper has often reported, from the days of apartheid to today, it is not unusual for...
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A former Sasol employee has endured “five years of hell” after blowing the whistle on how the petrochemical giant allegedly, through gross negligence, pumped hazardous chemicals into the Vaal River system because of broken chemical sewer valves at its Secunda operations.  Ian Erasmus, who worked as a senior process controller from 2005 until he was...
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The Western Cape high court on Friday dismissed an application by the opposition African Transformation Movement (ATM) to force Speaker Thandi Modise to call a secret ballot on the first motion of no confidence against President Cyril Ramaphosa. In a matter that has gone on for more than a year, in part because of the...
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Samsung has unveiled the Samsung Galaxy A52 and A72, making powerful innovation accessible to everyone. The latest Samsung Galaxy A series lets you communicate and express yourself with an awesome camera, immerse yourself in a clear viewing experience with a smooth scrolling display, and enjoy greater peace of mind with innovative Galaxy foundation features, including...
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News

Nigeria’s tech community was booming. Now it’s in shock
June 14, 2021By
Summit to stimulate investment into Africa
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Blockchains and bitcoins, a wealth manager’s perspective
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