Moody’s Investors Service has downgraded operator Telkom South Africa in line with the country’s recent sovereign rating downgrade. Telkom said that Moody’s had downgraded its rating to Ba1 from Baa3 with a negative outlook. This follows Moody’s recent decision to downgrade the South African sovereign rating. Telkom’s rating is linked to the sovereign one because...
Sub-Saharan Africa remains the region of the world where Mobile Money is the most dynamic. For the year 2019, the zone recorded 23.8 billion transactions out of the 37.1 billion recorded worldwide by the World Association of Telephony Operators (GSMA). Or 64.15% of the volume of global transactions, up 19.7%. Sub-Saharan Africa has also dominated the global...
Telecommunications service provider Airtel Nigeria has announced a commitment of over $4.9-million towards the fight against COVID-19 in Nigeria, reports The Guardian Nigeria. In a breakdown of the pledged sum, Airtel says that about $500-thousand will go towards the provision of an isolation centre or any required medical facility as deemed appropriate with the health authority...
Telecoms regulator ICASA recently published its ICT COVID-19 National Disaster Regulations, which give guidelines on the temporary assignment of spectrum. This spectrum will be released for the duration of the national state of disaster and is expected to ease network congestion. It should also enable operators to maintain the quality of broadband services and lower...
Econet Wireless has appointed Roy Chimanikire as deputy CEO with effect from 01 April. He has been the group finance director. Chimanikire is a chartered accountant and past president of the Institute of Chartered Accountants of Zimbabwe, with over 20 years of work experience. He joined Econet in 2009 from Deloitte where he had been...
The engineer Manuel Homem was appointed, last Monday, as the minister of Telecommunications, Information Technologies and Mass Media. A merger of the then Ministries of Telecommunications and Information Technologies, and that of Mass Media, takes effect. Within the framework of governmental reshuffle, this new ministerial department now has two secretaries of state, namely Nuno dos...
Despite having over US$350-million at hand to finance its expansion plans for Africa, telecommunications tower infrastructure company, Helios Towers, has announced that it cannot go ahead with the investment in the light of the ongoing global COVID-19 pandemic that has also hit telecoms markets in Africa. Helios Towers CEO Kash Pandya said the current environment...
Africa Data Centres, the pan-African network of interconnected, carrier-and cloud-neutral datacentres, intends to acquire the datacentre belonging to Standard Bank, located in Samrand, north of Johannesburg, South Africa. The datacentre firm issued a statement which describes the Standard Bank facility as a Tier IV datacentre “to provide maximum levels of security and reliability for banking...
The government of Niger has announced it has awarded a 15-year licence for the establishment and operation of a 4G network to Zamani Com, the new owner of mobile operator Orange Niger. At the same time, the cellco’s existing 2G and 3G licences have been renewed for a further 15 years. Orange will pay a...
In an interview with KT Press on April 3, 2020, Rwanda’s ICT and Innovation Minister Paula Ingabire said the bankruptcy of satellite internet connectivity provider OneWeb does not will not affect the country. The minister wanted to be reassuring with regard to the investment made by the government in 2019 in OneWeb to launch the “Icyerekezo”...
