Author: Albert Nangara

Qantas will operate the only direct service from Perth to Johannesburg, South Africa from November 1, 2022.

Currently, people going to Johannesburg from Perth currently have to fly on Qantas via Sydney or via the Middle East. The new flights will cut more than six hours from the fastest current travel time.

United Airlines will operate a non-stop flight between Washington Dulles Airport and Cape Town International Airport. With this route, United will be the first airline to offer non-stop, round-trip service between Washington DC and Cape Town. The first flight will take off on November 18, 2022, and there will be three flights every week after that.

Air Mauritius is set to resume non-stop flights from Cape Town to Mauritius from November 16 this year.…

Mobile services are now the main means of communication for the majority of the world’s population, supporting economic growth and connecting communities.

According to GSMA, effective spectrum licensing is critical to encourage the investment required to expand mobile access, meet the increase in demand for data services and enhance the quality and range of services offered.

There are 3 types of spectrum licences;

1. A licence to transmit radio waves and have no interference. This is the most common type of spectrum licence. It grants the right to transmit on a specified frequency and stop others from transmitting interfering signals on the same frequency.
2. A licence to have no interference on a specified frequency.
3. A licence to transmit emissions without protection from interference.

Airtel Africa has confirmed the purchase of additional spectrum licences from the Communications Authorities in several African countries.

Richard Kadoro, a telecommunications researcher at the Computer Association of …

Ecological Organic Agriculture (Initiative for Africa), EOA(-I), certification in Africa has gained leverage through a Memorandum of Understanding (MoU) signed between the AU-led EOAI Continental Secretariat hosted by Biovision Africa Trust (BvAT) and the African Organisation for Standardisation (ARSO) aimed at developing a common continental EOA standard. The partnership will additionally link the EOAI with the African Continental Free Trade Area (AfCFTA) Secretariat to engage further on strategies of boosting EOA trade on the continent.

In West Africa, Burkina Faso, Ghana, Mali and Togo reported an increase in Participatory Guarantee Systems (PGS) certified producers and hectares. 2021 was the last year of the implementation of the Organic Markets for Development (OM4D) project, which supported the development of PGS initiatives in Burkina Faso, Ghana Togo, and Sao Tomé and Principe according to FiBL survey 2022.

Participatory Guarantee Systems (PGS) are locally focused quality assurance systems. They certify producers based on the …

Ugandan President Yoweri Museveni has signed the Computer Misuse (Amendment) Act, 2022, which criminalizes unauthorized access to data and prohibits sharing data relating to legal minors without authorization from parents or guardians. The law also prohibits sending or sharing false, malicious and unsolicited information.

The announcement was made on Thursday, October 14, 2022, by the Presidential Press Unit (PPU). According to the PPU, the president signed four bills into law: the Physical Planners’ Registration Act, the Kampala Capital City (Amendment) Act, the Mining and Minerals Act, and the Computer Misuse (Amendment) Bill.

One legislator introduced the Computer Misuse Amendment Bill 2022 to Uganda’s Parliament and passed it on July 19, 2022.

The Uganda Computer Misuse Act was enacted earlier in 2011 to enhance safety and security in the digital arena by preventing unlawful access, abuse or misuse of information systems including computers and securing the conduct of electronic transactions.…

The listing of SYGSE happens at a time the JSE is preparing to usher in new amendments to its listings requirements, paving the way for issuers to list and trade Actively Managed ETFs (AMETFs) for the first time in the bourse’s history.

In September, the bourse announced that the Financial Sector Conduct Authority (FSCA) approved amendments to the JSE listings requirements, allowing issuers to list and trade AMETFs for the first time. “The changes [allow] locally registered Collective Investment Scheme (CIS) management companies to list ETFs which related to offshore assets on South African securities exchanges. It [allows] these funds unlimited investment in offshore assets, subject to the restrictions on their offshore portfolio allowances.”

The stock exchange indicated that given the global ETF market’s evolution and the local industry’s desire, the impending introduction of AMETFs in South Africa aligns with global best practices.…

Integrating AI in farming machines will definitely help in optimizing operations. Investments in mechanization enable farmers to expand the range of their activities and diversify their livelihoods in ways that can reduce their vulnerability to climate change.

The availability of appropriate machinery to carry out sustainable crop management practices increases productivity per unit of land. It also increases efficiency in the various production and processing operations and in agricultural inputs’ production, extraction and transport. Artificial Intelligence methods support agriculture decision-making systems, help optimise storage and transport processes, and make it possible to predict the costs incurred depending on the chosen direction of management.

Tractor-operated tillage is the single most energy-consuming operation in crop production. Operating a plough is the main reason many farmers require high horsepower and diesel-fueled tractors. Conservation agriculture is flexible enough to accommodate the socio-economic resources of smallholder farmers as well as large-scale farming operations.…

Geregu Power PLC was incorporated in November 2006 as one of the unbundled companies from the now-defunct Power Holding Company of Nigeria (PHCN). The Company began operations in February 2007 to generate electric power supply to the National Grid managed by the Transmission Company of Nigeria (TCN).

Amperion Power owns 99.9 per cent of the company. Calvados holding (owned by Femi Otedola) owns 95 per cent of Amperion Power while Shangai Power owns five per cent.

Geregu Power listed 2.5 billion ordinary shares of 50 kobos each at a share price of N100 per share, valuing the company at about N250 billion on the first day. However, amid high investors demand, Geregu Power’s stock gained 10 per cent (N10) on its first trading day on the NGX to close at N110 per share from N100 per share.

The gain pushed its market capitalisation to N275 billion from the N250 billion …

According to an article by Forbes dated June 23, 2022, the world’s first stock index appeared in July 1884 when the ‘Dow Jones Transportation Index’ was published in the US by newspaperman Charles Dow. The index comprised 11 transport stocks including nine railway companies, a steamship company and a telegraph operator.

The index average was calculated by adding all its share prices together and dividing the total by 11 – the number of shares.

There’s a more in-depth look at the indices on the ZSE, along with the profiles for the fourth quarter of 2022 put together.

ZSE said that indices provide the market with better performance apparatus and assist in choosing sector-based investing strategies.…

The agreement was finalized during a visit to the NYSE by a South African delegation including JSE Group CEO Dr. Leila Fourie and South African Reserve Bank Governor Lesetja Kganyago. The signing ceremony took place shortly before the delegation rang the Closing Bell, followed by a keynote address by Kganyago on monetary policy.

“The New York Stock Exchange is pleased to sign this collaboration agreement with the Johannesburg Stock Exchange in support of the important economic and trade relationship between our two markets,” said Lynn Martin, NYSE president.

“Exploring the dual listings of companies on our two exchanges stands to increase opportunities for investors on both continents, underscoring the value public companies and our capital markets generate in the global economy. We look forward to collaborating on new product development with the JSE team and to the innovation that comes when two great organizations work together.”…

The EasyEquities investment portfolios integrate directly into Discovery Bank’s Vitality Money programme, automatically counting towards the client’s Vitality Money status.

On September 30, 2022, Discovery Bank announced several new products and changes at its annual product update event with financial advisors. However, the CEO Hylton Kallner said that the new features will be made available from October and through the first quarter of 2022 on a phased basis.

According to Business Tech, Discovery Bank clients can use the Discovery Bank app to transact and trade in real-time in these currencies. With the Multicurrency FX Account, clients can also receive international payments and choose to pay in more than 60 currencies, Kallner said.…