Kenya’s top telecoms operator Safaricom has seen a 70% surge in data usage as people stay at home to curb the spread of the new coronavirus, it said on Tuesday.
Like other African telecoms firms, Telkom, in which the government holds a stake of about 40%, is trying to keep pace with a surge in demand for the internet and data with growing smart phone usage.
According to latest data from the Controller of Budget in Kenya 25 of the 47 counties spent nothing on development in the first quarter to September, hurting job creation and infrastructure projects in the devolved units. This is a 45 per cent drop compared to the $34.6 million governors spent on development activities in a similar period a year ago. Also, commercial banks are on course to post another full-year of double-digit growth in profits. Moreover, Kenya’s first green bond started trading on the Nairobi Securities Exchange for the first time. Reginald Kadzutu, Economic Analyst joins CNBC Africa for more.
According to data, achieving universal access to water and sanitation for all by 2030, there needs to be increased investment in management of freshwater ecosystems and sanitation facilities on a local level in several developing countries within Sub-Saharan Africa (SSA). Henning Sandager, Area Managing Director at GRUNDFOS Sub-Saharan Africa joins CNBC Africa for more.
Are Nigerians paying too much for data? Nigeria’s Minister of Communications and Digital Economy seems to agree, as he says Nigerians are not enjoying the value for money spent on data. The minister has tasked the telecoms regulator NCC to resolve issues of illegal data deductions and review the price of data downwards in five days. Chairman of the Association of Licensed Telecommunications Operators of Nigeria, Gbenga Adebayo joins CNBC Africa for me more.
As online shopping heats up ahead of the holiday season, consumers should be aware of an increasingly common scam called “e-skimming,” the FBI warns.
Nigeria's President Muhammadu Buhari says some of the statistics by the International Monetary Fund (IMF) and World Bank on Nigeria are wild estimates and bear little relation to the facts on the ground. For a focus on Nigeria’s economy and more, Oluseyi Akinbi, Director at Zedcrest Capital joins CNBC Africa.
‘Digital colonialism’: Here’s why some countries are considering taking control of their people’s data from Big Tech companies
There is a global standoff going on about who stores your data. At the close of June’s G20 summit in Japan, a number of developing countries refused to sign an international declaration on data flows – the so-called Osaka Track. Part of the reason why countries such as India, Indonesia and South Africa boycotted the declaration was because they had no opportunity to put their own interests about data into the document.