The Shoprite Group has announced ‘Shoprite Money’ – a new mobile transactional banking service which is available to everyone, even those without existing bank accounts the retailer said in a statement on Wednesday. The service has been launched in partnership with global fintech company Celbux, Google and Standard Bank. “Using their Shoprite Money mobile wallet, this new service will allow customers to deposit, withdraw or send money as well as buy groceries at any of the till points in all Shoprite, Checkers, Checkers Hyper or Usave stores,” it said. Customers can also send money and buy electricity or airtime using their mobile phones, provided they have funds in their Shoprite Money account. “Basic transactional banking services in South Africa are expensive and in many cases
(Reuters) - The U.S. Department of Justice has launched a criminal probe into whether traders are manipulating the price of bitcoin and other digital currencies, Bloomberg reported on Thursday. The investigation concerns illegal practices that can influence prices such as spoofing, or flooding the market with fake orders to trick other traders, Bloomberg said, citing four people familiar with the matter. Federal prosecutors are working with the Commodity Futures Trading Commission (CFTC), the report added. Neither the Justice Department nor the CFTC were immediately available for comment.
If you’re still running Windows 8.1, be advised that Microsoft shut down mainstream support a week ago. But there’s still a last-ditch upgrade path: Microsoft’s assistive technology loophole, which closes in 24 hours. Microsoft ended mainstream support for Windows 8.1 on January 9, five years after the operating system’s debut. Essentially, it’s dead, and for the average consumer, Windows 8.1 will remain forever unchanged, with no new features or bug fixes. Instead, Microsoft has migrated the OS to “extended support,” which will only provide security updates for another five years, until 2023. In Microsoft’s world view, consumers should have already migrated to Windows 10, a modern OS with big fixes, patches, and period updates. And while the company gave users a one-year window to f
Google's 78% share of U.S search ad revenue in 2016 shows the company continues to dominate the market, but the share represents a decline from 88% in 2011. It seems the move to mobile by consumers has created competition for Google. Amazon has become a more preferred destination for online shopping searches, according to a research report released this week from Forrester Research titled Forrester Data: Search Marketing Forecast, 2017 to 2022 (U.S.) written by analyst Brandon Verblow. It is becoming a preferred destination for online shopping and search because of the way "Amazon is exploiting Google’s weakness in online shopping," according to the report. U.S. consumers are now more than 2.5 times likely to find out about the brand of a recent purchase from Amazon than from online
In Africa, a new ICT trend is curved towards providing citizens with free Wi-Fi in order to boost economic activity and education, in line with McKinsey’s projection that if internet penetration grows in the same way as that of mobile phones on the continent, it could contribute as much as 10 per cent – $300 billion – of the continent’s total GDP by 2025. The provision of free Wi-Fi is becoming a continent-wide trend. In Kenya, the county of Nakuru is offering residents free access through a partnership between the State House Digital Team and the county government, at the reported cost of US$2 million. Rwanda’s Smart Kigali initiative provides designated free Wi-Fi hotspots around the capital. The Murtala Muhammad Airport Two (MMA2) in Lagos provides free access for passengers throu