Paratus expands LEO solutions, Starlink for SA imminent

Speaking at the Atlantic Convergence conference in Lisbon, Paratus Group CTO Rolf Mendelsohn emphasised the importance of reliable connectivity for unlocking Africa’s potential. “With LEO satellite technology, we are broadening our network offerings to provide unlimited connectivity,” he stated. New Icasa regulations could boost Starlink’s prospects in Mzansi Lindsey Schutters  15 Aug 2024 Paratus has partnered with…

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Mutsvangwa urges AI adoption for SMEs growth

Officially opening the 14th edition of the SMEs International Expo 2024 in Harare recently, Mutsvangwa said government was committed to supporting SMEs in this technological transition. Women Affairs, Community, Small and Medium Enterprises Development minister Monica Mutsvangwa has called for the adoption of artificial intelligence (AI) for the benefit of the country’s SMEs. Officially opening…

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HSBC and Bidvest Bank fined millions for non-compliance

Source: Reuters. The South African Reserve Bank imposed sanctions on Bidvest Bank for failing to comply with the Financial Intelligence Centre Act following a 2022 inspection. The bank did not implement its risk-management and compliance programme (RMCP) for the assessed trade-based transactions. The Prudential Authority fined Bidvest Bank R5m for non-compliance, with R2.5m suspended for…

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Furore over draft ZIFA constitution

ZIFA Northern Region chairman Martin Kweza and Prophetic Healing and Deliverance Ministries founder  Walter Magaya who last week published a document, the “101 things that I have done for football in the country and the region.”   IN exactly eleven days, the Zimbabwe Football Association (ZIFA) annual general meeting will take  place in Harare to review…

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War vets company vows to deliver

The company, which is wholly-owned by veterans of the liberation struggle, has interests in property development, tourism and agriculture. DIRECTORS of Zvimba East Veterans Investment Company (Zevic) say they are able to steer the ship amid boardroom squabbles, abuse of office and corruption  allegations that are bedeviling the company. The company, which is wholly-owned by…

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2 fishermen’s bodies recovered in Lake Kariba

Three other fishermen who were on the same dinghy were rescued by anglers participating in the Kariba International Tiger Fish Tournament 2024. THE bodies of two fishermen, who drowned after their dinghy capsized in Lake Kariba on Friday, have been recovered.  Three other fishermen who were on the same dinghy were rescued by anglers participating…

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