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August 19, 2022
Drivers of Uber and Bolt in Cape Town have suspended their business activities and embarked on a strike. What they want? A bigger cut on earnings and the fast-tracking of permits for e-hailing operators in the Western Cape.
August 18, 2022
Bolt has announced that it will only serve corporate customers in Tanzania until the dust settles in the regulatory environment of the country.
August 17, 2022
Days after announcing intentions to merge with Telkom, South African mobile-data-only network Rain has withdrawn the announcement.
August 16, 2022
William Ruto has been declared the winner of Kenya's presidential election with 50.5% of the vote. He was followed closely by 77-year-old Raila Odinga, former prime minister and 5-time presidential candidate, who got 48.8% of the vote. More in #TCDaily.
August 15, 2022
According to an insider at the IEBC, about 200 hacking attempts have been made on the IT system the IEBC uses for collating results. More in #TCDaily.
August 3, 2022
A record-breaking $200 million crypto heist occurred, MultiChoice was ordered to reinstate 4 terminated channels, and Netflix & others might get taxed in SA. Read these and more on today's #TCDaily.
August 2, 2022
Nigeria to increase cost of call and sms cost with new 5% excise duty, VC fund Oui Capital launches $30 million fund for Africa startups, Egypt-based Homzmart raises $23 million, TikTok’s parent company is building a music streaming app.
August 1, 2022
In the same week the Nigerian House of Reps passed the lauded Startup Bill, the Federal Executive Council (FEC) considered a new bill that threatens the regulatory progress Nigeria's tech ecosystem has made. Read more in #TCDaily.
July 29, 2022
Yesterday, CBK governor Patrick Njoroge said that Flutterwave and Chipper Cash are not licensed to operate in Kenya. This brings into question Kenya's irregular licensing window, with some of its fintechs obtaining licenses only decades after launch. Read more.
July 28, 2022
The UK’s development finance arm British International Investment (BII) plans to invest $6 billion in Africa over the next 5 years. The funding will be invested in various forms including debt and equity financing. Read more in #TCDaily.