Issue no 834 - 1st July 2016

Top Story

With 8 million clients in Africa, StarTimes now brings innovative Telecoms and IT solutions

  Picture above : William Masy, Oversea Public Relations Director, StarTimes International Investment Co., Ltd. By Sylvain Béletre for Balancing Act, July 2016. The 6th African Digital TV Development Seminar, a 2-days fruitful forum on African digital migration, hosted by StarTimes came to a perfect close on June 24th, 2016 in Beijing at the Fengda International Hotel. This seminar showcased Startimes' latest Telecoms and IT innovations such as a mobile apps (IPTV, catch up TV, EPG...), a range of 5 low cost smartphone models, a 20 000 hours led-based video projector, a new range of low consumption, ultra slim smartTV sets, a virtual…

Telecoms

Tanzania - Government takes total control of Tanzania telco after Airtel exit

An agreement signed between Tanzania Telecommunication Company Limited TTCL and Bharti Airtel has given the state full ownership of the telco ending 15 years of the public private partnership. Previously…


Telecoms

Kenya: Safaricom to Compensate Users for Dropped Calls

Safaricom has promised to compensate its subscribers for dropped calls within its network, raising the quality-of-service bar for rivals in an increasingly competitive sector. Subscribers who suffer dropped calls will…


Telecoms

MTN Nigeria secures 2600MHz spectrum, makes a payment towards USD1.7bn fine

Nigerian cellco MTN has been awarded a ten-year 2600MHz frequency licence by the Nigerian Communications Commission (NCC), with plans to utilise the spectrum for 4G LTE deployments – initially in…


Telecoms

Tanzania: Telephone Firms Must List On Dar es Salaam Stock Exchange

The National Assembly yesterday passed the Finance Bill, 2016, requiring electronic communication companies registered in the country to float their stakes on the Dar es Salaam Stock Exchange (DSE), within…


Internet

iWayAfrica and Avanti improve download speeds across East Africa

iWayAfrica, a Pan-African broadband provider and Avanti Communications, a leading provider of satellite data communications services, has announced that consumer and business customers in Kenya can now benefit from increased…


Internet

ZACR creates dotAfrica litigation portal

The US-based legal proceedings delaying the general availability of the dotAfrica ('.africa') generic Top Level Domain (gTLD) have taken a step towards transparency with the launch by the South Africa…


Internet

Convergance Partners, Nedbank Private Equity, IDC pump R500m into Comsol Fibre Connect

Investment management firm Convergance Partners this week announced that it, along with Nedbank Private Equity and the IDC, have invested over R500 million in Comsol Fibre Connect. Billing itself as…


Computing

South Africa - Wits taking a digital move

The University of Witwatersrand is to launch free courses which will revolutionise access to higher education. The university is to introduce free online courses later this year, in a first…


Money Transfer

eBay Gives U.S. Sellers Access To African Buyers With MallForAfrica.com Deal

US based online market platform, eBay Inc., has partnered with online shopping startup MallsforAfrica.com to give its sellers access to Africa’s biggest consumer market from July 2016, Tech Crunch reported.…


Money Transfer

Smart Telecom launches new mobile money service – Smart Pesa

SMART Telecom has announced the launch of its mobile money service, SMART Pesa, aimed at delivering affordable mobile financial services to all Ugandans. SMART Pesa customers will be able to…


Money Transfer

How A Somali Entrepreneur Beat The U.N. And Built A $500M Remittance Firm

Eight years ago, Ahmed blew the whistle on corruption at the U.N. Development Program in Nairobi, and his boss told him he’d never work again in remittances or development. This…


Mergers, Acquisitions and Financial Results

Liquid Telecom buys South Africa’s Neotel for $430mln

Liquid Telecom has confirmed the acquisition of South Africa’s second largest fixed line operator, Neotel, for R6.55 billion (around $430 million). The deal is subject to regulatory approval. The deal…


Mergers, Acquisitions and Financial Results

Hold out your hand: Tigo, Expresso in talks with ATP for Senegal 4G licences

Senegalese mobile network operators (MNOs) Tigo and Expresso Telecom have opened talks with the country’s telecoms regulator the Regulation Authority of Post and Telecoms (Autorite de Regulation des Telecoms et…


Mergers, Acquisitions and Financial Results

MTN dumps its 50% stake in Afrihost

Johannesburg - Local mobile network MTN plans to dispose of its 50.02% shareholding in internet service provider Afrihost. MTN acquired its stake in Afrihost in 2014 for R408m in a…


Digital Content

Safaricom’s Little Cab triggers price war with Uber

Safaricom-backed online taxi-hailing app Little Cab has sparked off a price war with rivals Uber and Mondo Ride by setting lower tariffs compared to its two global competitors. Little Cab,…


Digital Content

Vodacom South Africa to roll out new GDE app

Vodacom South Africa and the Gauteng Department of Education have renewed their commitment to a seven year partnership which will see a revamped and feature rich mobile app for Gauteng…


Digital Content

Hairstyle inspiration app, Tress, has been accepted into the Y Combinator Fellowship Program

Remember Tress, the app that wants a piece of  the $500 billion global haircare market? Well, they’ve been selected to be part of the Y Combinator (YC) Fellowship Program. The…


Digital Content

Tanzanian Prosecuted for ‘Insulting’ the President on WhatsApp

Tanzanian citizen Leonard Mulokozi was charged on June 22 under Tanzania's Electronic and Postal Communications Act over a WhatsApp message that authorities say is “abusive” to Tanzanias president, John Magufuli.…


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Opportunities

Zain and MIT Enterprise Forum launch global competition to help refugees As the world faces the worst refugee crisis in recent history, the MIT Enterprise Forum Pan Arab (MITEF Pan…


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People

Rack Centre Appoints Mr. Frederick Udoaka as New Business Development Director Rack Centre, West Africa’s Premium Data Centre colocation provider has announced Mr Frederick Udoaka as joining its Executive Leadership…