techcabal.com news headlines

Inside MTNs race to become a techCo

After years of multi-billion fines, regulatory uncertainties, and economic volatility MTN is embarking on a new adventure outside of its core business: - telecommunications. We are moving from a telecom company to a techCo (technology comp
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05 Jul 2024

Bidvest Bank to prioritise saving jobs as it looks for buyer

Bidvest Bank will prioritise a buyer who will make minimal retrenchments as the bank goes up for sale. The bank currently employs over 1,500 employees. Bidvest Group, the parent company of the bank, today announced that the bank and its financial
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04 Jul 2024

All the latest KRA procedures in Kenya 2024

In Kenya, the Revenue Authority (KRA) plays a vital role in collecting taxes. It is important for taxpayers to understand how to navigate its processes, such as filing returns, accessing the KRA app, and contacting KRA support in 2024.Fili
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04 Jul 2024

Remove private number on Samsung other Android devices 2024

Making calls with your number hidden can be useful in certain situations. However, there might come a time when you want your number to be shown again. This guide will show you how to remove the private number function on both Samsung devices and
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04 Jul 2024

Cash-strapped Copia begins liquidation after failing to raise money

Copia Global , the Kenya B2C e-commerce startup that entered administration on May 24, has abandoned efforts to revive its business, opting instead to liquidate assets and pay creditors, according to an internal memo seen by TechCabal. The liquid
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04 Jul 2024

Zedcrest acquires RMB Nigeria Stockbrokers Ltd in deal thought to be worth ?400 million

Zedcrest, a Nigerian debt and equity capital markets investment firm, has acquired the Nigerian arm of RMB Stockbrokers for a figure between ?400 million and ?420 million, according to a person familiar with the proceedings. The acquisitio
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04 Jul 2024

Peleza merges with YC-backed Prembly to form Prembly Group

Kenyan identity management startup, Peleza has merged with YC-backed Prembly to form the Prembly Group. Both companies declined to provide the specific financial details of the transaction. While Prembly provides identity verification, sec
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03 Jul 2024

Protests in Kenya enter second week despite withdrawal of Finance bill

Multiple gunshots, teargas, and a heavy police presence have been reported across the country as thousands of Kenyans protest the rising living costs despite the recently withdrawn 2024 Finance Bill. This marks the second week of protests in Keny
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02 Jul 2024

Tiger Global-backed Minka is the latest LATAM fintech to set up shop in Africa

In recent years, a handful of Latin American fintechs have made inroads into Africa to tap into its growing digital payments market. The latest entrant is Minka, a Colombian fintech backed by Tiger Global. Minka builds payment networks that allow
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02 Jul 2024