News

Uber says cutting 3,000 jobs and trimming investment

The San Francisco-based company is laying off about 3,000 people Uber on Monday announced it is cutting a quarter of its global workforce ...

By Regtech AfricaMay 19, 20200

News

Pension fund operators invest N47.32bn in infrastructure

The Pension Funds Administrators have increased their pension funds investment in infrastructure to N47.32bn, latest statistics from the National Pension Commission have revealed. ...

By Regtech AfricaMay 19, 20200

News

Central Bank of Kuwait may revise soft loan terms for SMEs

150 funding requests out of 37,000 SMEs submitted Kuwaiti banks have recently opened a discussion with the Central Bank of Kuwait, pushing for ...

By Regtech AfricaMay 19, 20200

Nigeria

CBN, NNPC to bear cost of accommodation, feeding of returnees’ – FG

The Federal Government has said the Central Bank of Nigeria and the Nigerian National Petroleum Corporation have agreed to shoulder the cost of ...

By Regtech AfricaMay 19, 20200

Global

Goldman Sachs sees worst India recession with 45% second-quarter slump

Goldman sees India’s GDP contract by an annualized 45% in the second quarter from the last three months. Goldman Sachs expects India will ...

By Regtech AfricaMay 19, 20200

Global

Facebook chief Mark Zuckerberg wants EU not China to lead on tech regulations

Facebook chief Mark Zuckerberg wants EU, not China to lead on tech regulations When Europe sets policies, they often become standards around the ...

By Regtech AfricaMay 19, 20200

News

FedEx, Microsoft join forces against Amazon for package shipping

Amazon’s rivals join forces for new near-real-time analytics into shipment tracking FedEx Corp. and Microsoft Corp. are teaming up to provide commercial shipping ...

By Regtech AfricaMay 19, 20200

South Africa

Cellphone number porting ban in South Africa – Mobile networks react

Mobile subscribers are not able to move their cellphone number from one network to another network while the national state of the disaster ...

By Regtech AfricaMay 18, 20200

Innovation

Ripple Joins the Global ISO Standards Committee for Cross-Border Payments

The firm will be the first member focused on Distributed Ledger Technology (DLT) Cross-border payments network Ripple (XRP) announced that it has become ...

By Regtech AfricaMay 18, 20200

Opinions

Forcing Crowds Away From Stadiums, Covid-19 Gives E-Sports a Chance to Shine

As with telemedicine and remote learning that have been waiting for their opportunity to break away from their low-tech counterparts, the online nature ...

By Regtech AfricaMay 18, 20200