The 10 Startups To Pitch at Seedstars World South Africa Have Been Announced

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It’s an interesting month for startups in South Africa as Seedstars World, a global seed-stage startup competition begins its tour this week in Cape Town. The ten startups that will pitch to a panel of judges have been selected for the event that will take place at Workshop 17 as techmoran reports. After the pitching, the top three startups out of the ten will be invited to Johannesburg where they will compete against the best startups from Durban and Soweto. After these competitions, one startup will be named the most…

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2016 Innotribe Startup Challenge Winners Announced

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The winners of the 2016 Innotribe Startup Challenge were announced yesterday in Mauritius. The winners were South Africa’s Hello Paisa, a low cost international money transfer solution and The Sun Exchange, which deals with crowd lending for solar energy and Cameroon’s WeCashUp, that deals with mobile money transfer across Africa. The three each received a 10,000 USD cash prize. They also received invitations to attend Sibos, SWIFT’s annual global financial services conference that will take place in Geneva from the 26th to the 29th of September, techmoran reports. Sido Bestani,…

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Vodacom Will Discontinue M-Pesa South Africa From 30th June

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  Earlier in the year, Vodacom said that it was reviewing M-Pesa South Africa. The service that was launched in 2010 and re-launched four years later, was expected to have millions of users but it only garnered 76,000 active users. Shameel Joosub, CEO, said in a statement that the decision was based on the fact that the business sustainability of M-Pesa is predicted on achieving a critical mass of users. Their revised projections and the high level of financial inclusion in South Africa meant that there was little prospects of…

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Apple fights FBI in Court order to break iPhone encryption with breach prone ‘back door’

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It’s set to be the greatest battle of 2016. On one end, we have Apple, a leading technology firm trying its best to stand by its customers by ensuring their privacy. On the other end, we have FBI, backed by the US Government, trying to carry out an investigation trying to ensure justice is meted out. Politicians have taken the obvious side; Tech CEOs have also sided with their own. Who will win the battle? Or will it escalate into a full blown war? This long standing dispute was reignited…

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Apple under pressure to scrap controversial policy of permanently disabling repaired iPhone 6s

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Apple has come under pressure to scrap its controversial policy of permanently disabling repaired iPhone 6s when software is upgraded, following a global consumer backlash and claims the company could be acting illegally. At least one firm of US lawyers said it hopes to bring a class action against the technology giant on behalf of victims whose £500 phones have been rendered worthless by an Apple software upgrade. In the UK, a barrister told the Guardian that Apple’s “reckless” policy of effectively killing people’s iPhones following the software upgrade could…

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iPhone Sales Slumping, Is This Why They Are So Expensive?

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The iPhone is arguably the most popular phone in the world. While it has yet to catch on famously in Kenya and Africa, in other areas of the world, it is ubiquitous and in vogue. One of the primary reasons why it is not the most popular phone in Kenya and Africa is the steep cost. While most smartphones range between 10,000 to 20,000Kshs, an iPhone may set you back 50,000Kshs and above. According to an article by CNN, iPhones are just as expensive in other parts of the world.…

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Google Maps has new update to let you visualize all of the places visited

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Google on Tuesday announced a new update to its Google Maps program which will allow people to visualize all of the places they’ve visited, so long as they were carrying smartphones at the time. It’s called “Your Timeline,” and it’s currently rolling out for Android devices and desktop browsers, meaning users should be able to access it over the next couple of days if they can’t already. A spokeswoman for Google told The Huffington Post that there are “no specific plans” for iOS. Read more Both the location history and Your…

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Twitter Shares Rise After Faked Bloomberg Report

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Takeover rumors about Twitter surface with seeming regularity every couple of months. But one on Tuesday showed a new level of sophistication in an effort to pump up the company’s stock. Shares of Twitter, the social network, briefly spiked after an article that appeared to come from the Bloomberg News website contended that the company had received a takeover offer worth $31 billion. Analysts and Twitter users quickly started poking holes in the online piece and deemed it a fake. (No such report ran on the Bloomberg terminal, where its…

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Startups are bringing mobile banking to the last mile in Africa

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Mobile banking has provided financial inclusion for developing countries. A new wave of startups is now taking the tech beyond mobile wallets. When Ismail Ahmed moved from Somalia to England in 1988, he regularly sent money back home. He experienced exorbitant fees, transfer offices with erratic opening hours, and was often worried about how easily his family would be able to retrieve the money. In 2010 Ahmed founded WorldRemit, an online service that allows users to send money internationally via a PC or phone. Today, more than 250,000 transactions flow…

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Simple Website Security Flaw Exposes Data Of Charter Internet Customers

Liquid Telecom
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A Website Security flaw discovered in the site of Charter Communications, a cable and Internet provider active in 28 states, may have exposed the personal account details of its customers. Security researcher Eric Taylor discovered the cable provider’s vulnerability as part of his research, and demonstrated how a simple header modification performed with a browser plug-in could reveal details about Charter’s Internet subscribers. After Fast Company notified Charter of the issue, the company said it had installed a fix within hours. The vulnerability could reveal personal information of “millions” of the…

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