Nigeria has opportunity to emerge as a digital powerhouse

Nigeria - digital
powerhouse
SAP delves into
country's opportunity.

Monday, Sep 23rd

Enterprise
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SA’s IT channel mood downbeat

SA’s IT channel mood downbeat

Published on 23 September 2019

By Adrian Hinchcliffe

Results from The Margin's channel survey show that last year's overwhelmingly positive sentiment has shifted.

Malawi introduces 1% tax on mobile money transactions (story) Inbox x Michael Malakata 10:16 AM (5 minutes ago) to me By Michael Malakata Malawi’s minister of Finance, Economic Planning and Development Joseph Mwanamvekha is under fire for introducing a 1% withholding tax on all mobile money transactions. In his 2019/2020 national budget presentation to parliament recently, Mwanamvekha said the tax will ensure that more people are motivated to contribute towards national building through paying of taxes and ensure that government has a scope to improve service delivery. But people are worried that the tax threatens the financial inclusion agenda that the government has been pushing as the cost of mobile money transactions will likely be raised by mobile money operators. A law lecturer at the University of Malawi’s Chancellor College Sunduzwayo Madise said instead of using mobile money services to empower the unbanked or underbanked, the tax will now disempower them. Madise said it looks like the government has changed or abandoned the agenda on the use of mobile money as a tool to get more Malawians on the financial bandwagon. Madise was quoted by the local Nation newspaper saying “on one hand, mobile money service was touted by the government as a solution to empower rural people but on the other hand, the system has now decided to plot against the very people it should empower and will take from them the little that they have and fill up the tax purse.” And Consumer Association of Malawi (Cama) executive director John Kapito said the introduction of the tax is a war against the poor. “This is an insult that has come in this budget, which as consumers, we feel it is targeted at punishing the most vulnerable groups who are mostly in rural areas doing small businesses,” Kapito said. Latest figures from the Reserve Bank of Malawi shows that as of June 2019, the total number of registered mobile money subscribers was 7 million with only 37.4% of the subscribers using the service during the second quarter of this year. The report also show that there are 45, 929 mobile money agents 81.1% located in urban and semi-urban areas while 18.9% are in rural areas.

Altron BMS, NCR in ATM recycling deal with Capitec Bank

Published on 23 September 2019

By Staff Writer

Part of an agreement to provide ongoing software and service support.

Digitise or be disrupted – techquilibrium is the key says Gartner

Digitise or be disrupted – techquilibrium is the key says Gartner

Published on 16 September 2019

By Chris Tredger

 

Businesses must emerge from change as more digital enterprises or face detrimental disruption.

Join our dynamic team as a service provider!

Join our dynamic team as a service provider!

Published on 20 September 2019

By Staff Writer

The organisation and opportunity.

AfricaCom 2019 to feature new AfricaTech Centre Stage

AfricaCom 2019 to feature new AfricaTech Centre Stage

Published on 12 September 2019

By Staff Writer

New zoned exhibition area dedicated to AI, blockchain, FinTech, cloud, data and security, among other tech topics.

Skills among main barriers to AI adoption

Skills among main barriers to AI adoption

Published on 19 September 2019

By Staff Writer

Gartner research also highlights fear of the unknown and data quality.

IBM looks to secure hybrid multi-cloud space with z15

IBM looks to secure hybrid multi-cloud space with z15

Published on 12 September 2019

By Chris Tredger

Enterprise platform said to encompass first technology in the industry to manage privacy of customer data across hybrid multi-cloud environments.

Africa must act now on AI or fall behind

Africa must act now on AI or fall behind

Published on 18 September 2019

By Chris Tredger

Gartner underlines the prominent role this technology is expected to play in helping the continent digitally transform.

Garsen Naidu appointed to head up Cisco's SA operations

Garsen Naidu appointed to head up Cisco's SA operations

Published on 11 September 2019

By Staff Writer

Executive has served most recently as Head of Partner and System Engineering organisations for Sub-Saharan Africa.

Andela set to lay off over 400 developers in change of approach

Andela set to lay off over 400 developers in change of approach

Published on 17 September 2019

By Tom Jackson

Despite raising US$100-million in funding.

ICASA slaps MTN with R5m fine over WhatsApp bundle hike

ICASA slaps MTN with R5m fine over WhatsApp bundle hike

Published on 09 September 2019

By Admire Moyo

The regulator issues a R5 million fine to MTN for contravening Regulation 9 of the Standard Terms and Conditions, with R2 million suspended for three years.