Hackers drained Airtel Uganda's systems of nearly Ush 8 billion ($2.1 million) after using malware to force the software to approve transactions. The hack occurred through one of Airtel Money's clients, a betting organisation. More in #TCDaily.
The Kenyan government wants to tax crypto transactions. It is making a new amendment to the capital markets bill to introduce a 20% excise tax on every crypto transaction fee charged in the country. More in #TCDaily.
FTX has lost its financial services trading licence in South Africa. South African cryptocurrency market maker Ovex cancelled has cut off the international exchange’s access to its local Financial Service Provider (FSP) licence. More in #TCDaily.
In today's edition of #TCDaily: - PalmPay gets compliance licence- Safaricom to introduce phone numbers for minors- Modus launches $45 million Africa-focused fund- Orange rolls out 5G service in Botswana