A week after launching its gold-backed digital token, the Reserve Bank of Zimbabwe is reportedly set to sell 14 billion Zimbabwean dollars’ worth (about $39 million) of the digital tokens.
In its Q1 2023 financials, Airtel Africa recorded a 5% profit decline. Per the telecom, devaluation of currencies and SIM card de-registration exercises across several countries are to blame.
With the continuous rise of chargeback fraud, some Nigerian fintechs are now instituting decline fees to deter bad agents. Some users, however, believe that this move will deter adoption as well as fraud. More in #TCDaily.
The Nigerian House of Reps has launched an inquiry into the state of telecommunications service delivery in Nigeria. It wants to know why some parts of the country are still without coverage, or with poor coverage. More in #TCDaily.