Author: Kaluka wanjala

Bolt has reaffirmed its pledge to adhere strictly to Kenyan regulations, underscoring its dedication to building a sustainable business model. This commitment comes a few hours after it was reported that the NTSA had rejected Bolt’s licence renewal citing alleged breaches that include illegal commission charges and booking fees. The company has not addressed these concerns in its response but gave a blanket statement promising to comply with regulations and increasing investments in the country. “In response to the ongoing conversations on our licence renewal, Bolt would like to reaffirm our commitment to the Kenyan market. Adherence to Kenyan regulations…

The National Transport and Safety Authority (NTSA) has refused to renew Bolt’s operating license citing alleged breaches that include illegal commission charges and booking fees. This decision deals a significant blow to the Estonian-based firm, which had been gearing up for fresh investments to expand its services in the local market. Bolt, which had applied for a license renewal just days before its current one was set to expire, received a letter from NTSA deputy director Cosmas Ngeso outlining the regulator’s concerns. The NTSA claims that Bolt has violated regulations by imposing charges beyond the allowed 18 percent commission and…

Liquid Intelligent Technologies, in collaboration with wingu.africa, has unveiled the second Azure Hyperconverged Infrastructure (HCI) stack in Tanzania. This milestone, a result of a partnership between Liquid and wingu.africa, not only signifies a pivotal moment for Tanzanian technology but also underlines the commitment to making Tanzania a digital economy powerhouse. The introduction of Azure Stack HCI is a game-changer for Tanzanian businesses. This innovative solution not only adheres to local compliance standards but also allows businesses to run applications specifically designed for virtualized infrastructure. By bridging the gap between technology and compliance, Liquid Intelligent Technologies is ensuring that local enterprises…

Deimos is sounding the alarm for an urgent need to bolster cybersecurity awareness and education across multiple sectors. With a diverse clientele spanning the public sector, fintech, and e-commerce, Deimos is resolute on the critical importance of proactive security measures in safeguarding businesses against cloud security vulnerabilities. Deimos prioritises automated security processes to reduce manual reviews and controls, mitigating human errors. In Verizon’s 2023 Data Breach Investigations Report, they estimate that 74% of breaches involved the human element, which includes social engineering attacks, errors or misuse. As remote and hybrid work is the new normal, businesses increasingly rely on cloud…

It might be a Telegram message from a supposed “Binance employee,” an urgent phone call from a distant relative needing money, or a charming swindler professing their love for a costly price. Scams come in all shapes and sizes, but they all have one common goal: stealing your money. A high-pressure text demanding money or a phony Bitcoin giveaway can be enough to manipulate users and gain their trust, especially ones caught out in a vulnerable moment. We share this information to ensure our users are equipped with the latest security tips and advice because ultimately, you play the largest…

M-Shwari, Safaricom’s mobile lending platform, witnessed a significant downturn with a 44.1 percent drop in deposits from March 2022 to March 2023. The total deposits plummeted to Sh416.7 billion, marking a sharp decline from the Sh745 billion recorded in the previous year, a first-ever decline since the platform’s inception in November 2013. On average, Kenyans deposited Sh1.14 billion daily into their M-Shwari accounts, demonstrating a nearly 50 percent reduction from the Sh2.04 billion daily savings seen in the preceding financial year. This substantial decrease in deposits highlighted the economic hardships faced by citizens, leading to a reliance on credit facilities.…

By Jaap Scholten, Head of Group ICT Strategy at Datacentrix, and COO of eNetworks, a Datacentrix company Amazon Web Services launched its cloud services in 2006, followed shortly by Microsoft’s Azure offering in 2010. Three years later, the word ‘hyperscaler’ entered our lexicon – meaning large cloud service providers that can provide offerings such as computing and storage at enterprise scale – and #CloudFirst became the buzzword amongst everyone, from developer to CISO. Systems integrators were unsure how to measure the potential threat of cloud business, compared to traditional hardware and infrastructure sales. However, the groundswell of cloud adoption was not to be ignored,…

OPPO’s recently unveiled smartphone, the Reno 10 5G, has finally received the September 2023 Android Security patch. This phone was unveiled in Kenya last month and is available in stores for Ksh 56,000. The latest update with the September Security patch also: The update is between 300 and 500 MB so it is not that big. If you have the Reno 10, you should get the notification to update or you can head to Settings>About Device> Tap on ColorOS. OPPO Reno 10 5G Specifications If you do not have the Reno 10 and are interested in its specifications, here they…

TLcom Capital, the Africa-focused venture capital firm, has officially announced its fifth annual Africa Tech Female Founder Summit, which will be held on Tuesday 14th November 2022 in Lagos, Nigeria. The headline session will feature a fireside conversation with Julia Collins, who will share valuable insights on her experience as a successful serial tech entrepreneur. The event is expected to be the largest gathering of women in tech in Africa. With the current global macroeconomic environment in mind, the theme for the 2023 Africa Tech Female Founder Summit is Building Resilience: Adapting to New Realities, which addresses head on the challenges African founders…

Vertiv has announced the introduction of Vertiv Liebert APM2, a new energy-efficient and scalable power solution to its uninterruptible power supply (UPS) systems portfolio. The Liebert APM2 is compatible with lithium-ion (Li-ion) and VRLA batteries and features a compact design that can scale from 30kW to 600 kW in a single unit. It offers significant energy savings as compared to less efficient alternatives and can also parallel with up to four matching units for additional capacity or redundancy. The Liebert APM2 is a CE certified UPS system available in 400V in Europe, the Middle East, and Africa, Latin America, and…