Digital lenders struggling with data law
Kassait says penalising sends a strong message
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Kassait says penalising sends a strong message
In this edition, we curated crucial news about Twitter, Nigeria’s carbon market, Swvl’s third delisting warning, Kenya’s data abuse crackdown, and more!
Per Nasdaq, Swvl now has until September 25 to raise the value of its publicly-held shares. Its CFO, Youssef Salem, as well as board members Steve Albrecht and Gbenga Oyebode, have also resigned.
Kenyan loan company, WhitePath Company Limited and workspace provider Regus Kenya are feeling the heat for not playing by the data protection rules, Techweez reports. Each company has been slapped with a hefty penalty of Ksh5 million ($37,000) as per the Data Protection Act and Complaints Handling Procedure and Enforcement…
ODPC said Whitepath failed to comply with the enforcement notice dated January 10, 2023.