Starlink not licensed to operate in South Africa

TODAY’S MENU

• SA startup GoMetro secures £9 million

• Apple is reportedly ending its partnership with Goldman Sachs

• South African telecoms regulator warns that Starlink lacks the required license to operate

• Nigeria is preparing to roll out an Automated Passport Application System

• Kenyan Government Investigates Huawei Over $12 Million Tax Waiver Issue

INVESTMENTS

SA startup GoMetro secures £9 million Series A funding led by Zenobē

South African technology firm focusing on fleet management, GoMetro, has successfully raised £9 million ($11.4 million) from a Series A funding round. This will speed up their goal of digitalizing heavy-duty commercial transport operations and creating a sophisticated fleet management platform for electric vehicles....…….read more

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PRODUCTS

Apple is reportedly ending its partnership with Goldman Sachs

The collaboration between Apple and Goldman Sachs on an Apple credit card might be reaching its conclusion, according to The Wall Street Journal. Despite extending their contract until 2029 recently, Apple is reportedly considering terminating the agreement within the forthcoming 12 to 15 months, four years after the partnership’s initiation.

Even though Goldman and Apple unveiled a high-yield savings account in April this year, a potential split might not greatly disappoint Goldman. Recent reports insinuated that the bank was contemplating an exit from the consumer lending sphere. In fact, Goldman mentioned to Apple earlier this year about its desire to withdraw from the contract and even approached American Express to manage operations on its behalf....…….read more

YouTube partners with African Creators for “The Voices of Africa”

YouTube has launched “The Voices of Africa,” a social campaign to celebrate the continent’s unique and traditional expressions. Developed in collaboration with a curated group of African creators, this campaign is poised to honour and showcase the diverse and unique cultural expressions prevalent across the continent…..read more

GOtv redefines Pay TV with innovative GOtv Stream App

GOtv Nigeria has recently launched the GOtv Stream App, a significant development in the pay TV sector. As a prominent Digital Terrestrial Television service provider, GOtv has introduced this free value-added service, signaling a substantial change in how Nigerians engage with pay TV.

The launch of the GOtv Stream App is a testament to the company’s commitment to meeting the evolving needs of its growing subscriber base. Unlike conventional television, this app offers users the flexibility to live stream or download up to 25 videos of their favorite shows, addressing the challenges posed by unreliable electricity and the escalating costs of alternative fuels….read more

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REGULATION

South African telecoms regulator warns that Starlink lacks the required license to operate

Independent Communications Authority of South Africa (ICASA), the South African telecoms regulator, has issued a statement that Elon Musk’s Starlink does not hold any licence to operate in the country. It seems that the regulator is reacting to some reports that Starlink service is available in the country using a global or regional roaming subscription. Some other reports state that some local internet service providers are offering the service from Mozambique.

It is still a surprise that Starlink is not operational in one of the internet savvy countries in Africa. Starlink is already operating officially in many countries across the world, including four in Africa.….read more

UK regulator says Adobe’s $20 billion Figma deal could harm digital design sector

In June, the UK’s Competition and Markets Authority (CMA) initiated an extensive investigation into the proposed $20 billion merger between Adobe and Figma. After releasing its findings, it becomes evident that the outlook is far from positive.

While it’s important to note that these findings are provisional, the CMA leaves a clear message: the merger would considerably reduce competition within the design industry..……read more

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OTHER STORIES

Nigeria is preparing to roll out an Automated Passport Application System

Nigeria is on the brink of introducing an automated passport application process, as stated by the Minister of Interior, Olubunmi Tunji-Ojo. Speaking on Channels Television’s “Politics Today” program, the minister assured that the automated system would be operational “in the next one week.” Tunji-Ojo emphasised that the technology behind the automated passport application was “99% done” and had undergone testing, with a scheduled go-live date in the near future….read more

Kenyan Government Investigates Huawei Over $12 Million Tax Waiver Issue

Kenya’s government has launched a formal investigation into Huawei Technologies (Kenya) Ltd., focusing on a tax waiver amounting to Ksh1.92 billion ($12.57 million). The parliamentary members are currently conducting inquiries to understand how the Chinese corporation secured this significant tax relief from the National Treasury. This inquiry has led to some tensions between Kenyan Members of Parliament (MPs) and Huawei…….read more