Category archives for: Investing

Banks in war of words over ballooning Africa debt

African Development Bank

from ALEXIS DOUMBIA in Abidjan, Ivory Coast ABIDJAN, (CAJ News) – THE African Development Bank (AfDB) has reacted strongly to accusations by the Word Bank Group that it was contributing to the continent’s debt problems. AfDB’s reaction follows sentiments attributed to World Bank President, David Malpass, who has recently been quoted as saying AfDB and […]

Extra power costs could paralyse SA mining projects

Energy and Mining Advisors Ted Blom

by SAVIOUS KWINIKA JOHANNESBURG, (CAJ News) – MORE than 30 percent of South African mining projects will be terminated prematurely because of additional power costs in the absence of suitable solutions within the next 12 months. This is the warning by independent power and mining expert and commentator after a cabinet minister recently conceded that […]

Zimbabwe’s government run POSB goes digital

POSB Bank

from WELLINGTON TONI in Harare, Zimbabwe HARARE, (CAJ News) – ZIMBABWE’S largest bank by branch network, the government-owned Peoples Own Savings Bank (POSB), is embracing technology in line with global trends in the sector. As competition in the market intensifies with the advent of technology, POSB plans to launch an Omni Channel Digital Banking Solutions […]

Scammers drool over prospects of Valentine’s Day loot

KnowBe4 Africa Managing Director, Anna Collard. Photo by Dion Henrick, CAJ News Cape Town Bureau.

by DION HENRICK  CAPE TOWN, (CAJ News) – CYBER security experts are wary of the likelihood of an increase in online attacks and scams ahead of Valentine’s Day, on the back of over 7 000 attacks around dating applications (apps) in 2019. Kaspersky Lab reported the attacks as well on 2 548 users detected, amid 1 […]

Africa’s digital freedom celebrated alongside Mandela

Former South African president, Nelson Mandela. File photo

by AKANI CHAUKE JOHANNESBURG, (CAJ News) – THE South Africa Central Registry (ZACR) is celebrating three years since the Internet Corporation for Assigned Names and Numbers (ICANN) granted it the right to administer the .africa geographic top-level domain name (gTLD). Officials described this occasion, on February 11, 2017, a historic moment for the digital freedom […]

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