Photo Story: Made-in-Rwanda Smartphone

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SportPesa Ends Operations In Kenya

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Kenyan online betting firm SportPesa on Saturday says it will be halting operations due to a drastic hike in taxes on betting stakes.   Sports betting Source: BettingShamnam Online sports betting companies such as SportPesa have grown rapidly in the East African nation in recent years, riding a wave of enthusiasm for sports, with the government saying the gaming industry achieved a combined revenue of 204 billion shillings (2 billion U.S. dollar) last year. That sparked government concern about the social impact of betting, and in May Kenya introduced new gambling regulations, including a ban on advertising outdoors and on social media. This week, parliament voted an amended proposal raising the excise duty proposed in the 2019/20 (July-June) budget on the amount wagered at the time a bet is placed on all betting platforms to 20% from an initial 10percent. SportPesa says it is “disappointed” by the move and that it would s...
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CBN Releases New Guideline For Electronic Payments, Collections

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The Central Bank of Nigeria (CBN) has new guidelines for electronic payments and collections for public and private sectors in the country. The regulation is a revision of the Guidelines on Electronic Payment of Salaries, Pensions, Suppliers and Taxes in Nigeria (2014). The CBN, in the regulation, introduced a penalty of two million for Deposit Money Banks (DMBs) on third party e-payment solution not approved by it on every repeated occurrence. It also introduced penalty of One million naira for Other Financial Institutions (OFIs) on third party e-payment solution not endorsed by the apex bank. The apex bank states on its website that the regulation is intended to guide the end-to-end electronic payment of salaries, pensions and other remittances, suppliers and revenue collections in Nigeria. Governor-Central-Bank-of-Nigeria-CBN-Godwin-Emefiele-right-Deputy-Governor-Financial-System-Stability-Mrs.-Aishah-Ahmad-and-her-Operations-counterpart...
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39 New Lassa Fever Cases Across 3 States - NCDC

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The Nigeria Centre for Disease Control (NCDC) has confirmed 39 new cases of Lassa fever, recorded between February 25 and March 3 in six states.  Source :  allAfrica.com NCDC’s Chief Executive Officer (CEO), Dr Chikwe Ihekweazu, made this known in a statement on Friday in Abuja. Ihekweazu adds that 1,447 suspected cases had been reported from 33 states and the Federal Capital Territory (FCT) from January 1 to March 3. He said that 420 of the figure were confirmed positive, 15 probable and 939 negative. According to him, from the onset of the 2019 outbreak, there have been 93 deaths in confirmed cases. Case fatality ratio in confirmed cases is 22.1per cent. Problem Areas The NCDC boss said that Edo, Ondo, Bauchi, Nasarawa, Ebonyi, Plateau, Taraba, Adamawa, Gombe, Kaduna, Kwara, Benue, Rivers, Kogi, Enugu, Imo, Delta, Oyo, Kebbi, Cross River states and FCT, had recorded at least one confirmed case in 66 Local Government Areas. He, however, noted that in repor...
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