As more people travel across Africa for play and work, central banks in Sub-Saharan Africa are seriously considering the use of central bank digital currencies (CBDCs) to boost cross-border payment systems. Several African central banks, hosted by the Central Bank of Kenya last week, discussed challenges facing the markets and the Financial Stability Board’s plans for 2023 among other issues. Read More: Cryptocurrencies are gaining ground across Africa – that’s both good news and bad Digital currencies, money laundering, and financial terrorism featured heavily in the discussions. As more people go cashless, African countries are exploring ways to regulate these…
Author: Stuff writer
A survey across 20 countries this week revealed a massive drop in overall trust in the internet. South Africa’s response to Ipsos’ international survey revealed that only 14% of respondents trust the internet. The survey was conducted by Ipsos between 2019 and 2021. “Only six in ten (63%) Internet users on average across the 20 countries said they trust the Internet,” notes the survey in its findings on responses from the 20 countries. Read More: Zero-trust security: Assume that everyone and everything on the internet is out to get you – and maybe already has In an interview that lasted…
It’s been another week of more changes at Twitter as Elon Musk’s latest tweets on possible changes to the social platform indicate an end to the short-form Twitter that we’d come to know. Musk says that you’ll soon be able to tweet longer than the current 280 characters in a single tweet. He later tweeted #RIPTwitter – a sure sign of more tweaks to come as the bird grows more unpredictable by the week. Twitter is reportedly working on a feature that will automatically create a thread if your thoughts about the world exceed 280 characters. “Ability to do long…
It is unlike any 5G tower you’ve seen before. And unlikely to see in the flesh yourself. This is perhaps because it’s underground, very far underground. In a coal mine. In China. This is the cutting edge of technology and is using superfast wireless connectivity in an interesting new way. Made by Huawei, this 5G system aims to show how this super-fast wireless communications network can be used in the most unexpected of places: in a mine. Digging deeper into 5G This is an interesting test case for 5G technology and the artificial intelligence (AI) applications it makes possible. And…
Nedbank is adding more features to Avo as the super app enters gets an upgrade in its third year. The super app, which launched in 2020 during the lockdown, continues to expand with a seemingly never-ending list of offerings. It’s a lot…and they plan to add even more stuff to it in an effort to get you whatever you want on the super app. Basically, Avo is gradually becoming Africa’s very own Alibaba. Big brands now available on Avo include Apple, and Samsung may soon follow. If all works out, Avo will become a Samsung authorised reseller. Read More: Why…
Samsung launched its digital payment Wallet in South Africa this week, helping smartphones gradually do to wallets what they did to the radio and cameras. The mobile payment platform will be available on Galaxy devices. Samsung Pay and Samsung Pass which eventually be replaced by Wallet and its security platform, Knox. Samsung Pay has been the company’s mobile payment app to date in SA, while Samsung Pass is used to store and manage passwords for biometric sign-in. Read More: Why physical credit cards are giving way to digital wallets and smartphones If you’re already on Samsung Pay or Pass, expect…
SA’s Mamelodi Sundowns FC, affectionately known as Masandawana, had a few firsts to celebrate this year but this is a big one. The team is roping in its fans to celebrate its inclusion in EA Sports’ FIFA 23. We haven’t forgotten – Sundowns thrashed Orlando Pirates 4-0 this past weekend and became the new Carling Black Label Cup Champions. The top PSL team partnered with Mettlestate for the Mamelodi Sundowns FIFA23 Championship. It plans to swap soccer boots for game controllers during the online tournament set for a finale at rAge Expo, at the Gallagher Convention Centre, from 9-11 December…
Humans have been trying to get back to the moon for a long time. NASA’s Artemis 1 mission, launching tomorrow, Wednesday 16 November, will hopefully help us get there. The National Aeronautics and Space Administration’s (NASA) mission to the moon has already been pushed back four times this year. Twice due to technical problems including a fuel leak in September this year. A tropical storm in the same month caused the project to be delayed further. The most recent delay was due to a hurricane approaching earlier in November. We’re all hoping the thing finally launches this week. Read More:…
These days, even experts struggle to detect fake images and videos on the Internet. With AI coming along as far as it has, deepfakes are becoming more commonplace, with fake faces and voices being indistinguishable from the real thing to the naked eye. Deepfake refers to videos that are digitally altered, often using AI, to create fake video scenes with a person’s face or voice. As you can imagine, these have been used by content creators, sometimes to the detriment of the actual person’s life. FakeCatcher is Intel’s answer to the problem at hand. FakeCatcher is an AI that can…
One of the latest suggestions for changes at Twitter from Elon Musk is tweaking the social media platform to enable instant digital payments. This is as the social media platform faces bankruptcy as Musk continues to implement significant ongoing changes after his acquisition last month. Read More: New Twitter rules and changes to the platform from this week In a transcript, published by The Verge, of his first staff meeting since the takeover, Musk suggested tweaking Twitter to enable the ability to send money across the world. “Payments really are just the exchange of information. From an information standpoint, not…