Newly uncovered components of a digital surveillance tool used by more than 60 governments worldwide provide a rare glimpse at the extensive ways law enforcement and intelligence agencies use the tool to surreptitiously record and steal data from mobile phones.
Updated 5 Years ago

UK-based oil exploration firm, Tullow Oil has recorded further success in their operation in northern Kenya as it made a new find in oil and natural gas deposits, with its partner, Canada’s Africa Oil also discovering gas in a separate site. The British company’s struck oil at the Ngamia–2 well span across a 39-metre range, 1.7 kilometers from the Ngamia-1, where Kenya first found oil in 2012. Gas deposits discovered by Africa Oil however stretches across a 1,000-metre range at the Sala-1 site, although exact amount and viability of the deposit has not been ascertained.
Updated 5 Years ago

Airtel Zambia has revealed it has refunded airtime to over 28,000 subscribers after intervention of the country’s regulatory body Zambia Information and Communications Technology Authority (ZICTA). ZICTA said about 28,000 Airtel customers had erroneously marked as roaming subscribers and lost airtime amounting to $180 each.
Updated 5 Years ago

The World Pension Summit (WPS) a global body for pension professionals is set to hold its first “Africa special” summit in Abuja. World Pension Summit is the only platform ‘for and by’ Pension Professionals, exchanging knowledge and innovative ideas on how to secure sufficient pension provision.
Updated 5 Years ago

Zain Saudi, Saudi Arabia’s third biggest telecoms operator, said on Wednesday it has signed infrastructure supply contracts worth QAR4.5 billion ($1.2 billion) to develop and expand its network. The deal parties are Huawei, Nokia, NEC Corporation, Cisco Systems and Alcatel Lucent, Zain said in a statement on the Saudi bourse’s website.
Updated 5 Years ago

Investors are fearing that Arabtec’s share plunge will continue in the run up to Ramadan, and that the price could fall to below AED2 ($0.54) – 35 percent below its Tuesday closing value of AED3.12. Arabtec shares have already lost over 50 percent of their value in the past month, following a decision by major shareholder Aabar Investments to reduce its stake in Arabtec earlier this month, the resignation of the CEO and top shareholder Hasan Ismaik last week and news of wide scale job cuts.
Updated 5 Years ago

Morgan Capital has joined the list of other stockbroking firms in the quest to make investing in the capital market easy with the introduction a new online real-time trading platform called MorganCapital iTrade.
Updated 5 Years ago

The Central Bank of Nigeria, CBN, yesterday, said it had granted a one-year waiver on charges above the withdrawal limits for both individual and corporate bodies in the 30 states that will join the train of the cashless policy on July 1.
Updated 5 Years ago

North Korea is suffering from an extended period of drought, state media outlet the Korea Central News Agency (KCNA) reported on Saturday. The drought, which the KCNA said last week is the “worst” since 2001, is leading to damage to crops that include wheat, barley and maize.
Updated 5 Years ago

The Tokaido Shinkansen Line is set to mark its 50th anniversary in October, having carried more than 5.5 billion passengers since its 1964 debut. “We would like to put special emphasis on this milestone year,” declared Koei Tsuge after assuming the presidency of Central Japan Railway Co. (JR Tokai), the operator of the line, in April.
Updated 5 Years ago