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Kwese TV has finally shut down operations putting an end to a Pay-TV dream that promised world-class content for the African Continent. The Parent Company, Econet Media had announced last December of its decision to shut down operations of the company. According to reports, the shortage of foreign exchange and the high cost of acquiring content and paying in foreign currency were the major reasons that forced Kwese’s immediate shut-down. Till date, economic conditions have continued to worsen in Zimbabwe, heightened by forex shortages. Econet Group confirmed that the closure of the Pay TV would no longer be postponed after a public formalisation of its closure in 2018. Kwese majorly relied on third-party providers for its content but could no longer keep paying in foreign currency. Douglas Mboweni, Chief Executive Officer (CEO) of Econet Group, said the payment was no longer viable. “The third-party content providers, on whose content we rely, require payment in foreign currency. With the prevailing economic conditions in Zimbabwe, and the current business operating environment – characterised by an acute shortage of foreign currency – sustaining Kwese and the Kwese Satellite Service was no longer viable.” Econet Media, the parent company which operated the entertainment division is now under the administration because of outstanding debt. Musonza added, “This really has nothing to do with Zimbabwe, but a lack of appreciation of the video/television industry and the evolving technology. --- Support this podcast: https://anchor.fm/newscast-africa/support Learn more about your ad choices. Visit megaphone.fm/adchoices
President Buhari and President Ramaphosa to meet over Xenophobic attacks; Exiled Kashmir leaders ask UN to intervene as tensions rise; Nigeria's renowned artist, Ben Enwonwu’s long-forgotten artwork found, to be sold for N72.77m; Over 600 masts at the risk of being demolished by Nigerian Communications Commission; $1 million up for grabs for anyone who can hack an iPhone; Nigerian consumers dispel Coca Cola’s fears as growth hits $3.76 billion. --- Support this podcast: https://anchor.fm/newscast-africa/support Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode Fionah talks about the Top 10 Trending Phones of week 31 2019, The Xiaomi Black Shark 2 , Instagram and Whatsapp getting some additions to their names and Japan recycling 80 000 tonnes of cell phones and other electronics to make medals for the 2020 Tokyo Olympics and Paralympics. You can listen to the full versions of some of the sound effects here : https://soundcloud.com/mellaaahhh
TechCentral — In this episode of the podcast, Duncan McLeod interviews Econet Media group regulatory affairs executive Zolile Ntukwana about the new licensed free-to-air television provider Kwese Free TV, for which he is spokesman. Kwese Free TV was awarded a licence from communications regulator Icasa last week to launch a free-to-air terrestrial service - the first such licence to be granted in South Africa since e.tv was licensed more than 20 years ago. Econet Media owns 20% of Kwese Free TV, while Royal Bafokeng Metix and Mosong Capital own the remaining 80%. In the podcast, Ntukwana explains why the consortium bid for the licence, its launch plans and the channels it intends offering. Kwese Free TV has been given 55% of what is known as digital Mux 3 - a chunk of radio frequency spectrum that it plans to use to offer half a dozen channels, including a high-definition sports channel. Ntukwana explains why Kwese believes there is room in the market for another terrestrial television player, what it still has to do before it's ready for launch and how consumers will be able to receive the broadcasts. Don't miss this discussion.
2018's last in-studio taping of the African Tech Roundup podcast is a two-part affair which guest features the force of nature that is Viola Llewellyn. Viola is the UK-born, Cameroonian Co-founder and President of an award-winning fintech platform called Ovamba. Ovamba relies on proprietary technologies to connect African SMEs to sources of short‐term capital to fund their growth. Viola has spent over 15 years working in the management consulting, technology and alternative finance sectors at firms like of IBM, Unisys, KPMG and Preston Gates Ellis. She currently serves on the Boards of Directors of ActivSpaces, AH Partners, the European Women in Payment Network and the International Women’s Think Tank. In this, the second part of Episode 125, Viola joins Andile Masuku and Musa Kalenga to factor in on a “hype vs. reality” themed conversation about the development of Africa’s fintech landscape in 2018. To skip straight to that discussion, head to [40:09] and listen in to hear why Viola is sick and tired with the on-going continent-wide obsession of fintech startups looking to build "last-mile" solutions. Topics discussed in this episode: France's EDF signs deal for USD1.37 billion hydro project in Cameroon [1:26] Cameroonian health-tech entrepreneur Melissa Bime wins the Anzisha Prize [5:04] Benin repeals social media tax [10:57] Novastar Ventures closes USD72.5 million fund for West African Investments [13:17] Ethos announces USD69.8 million AI Fund [14:24} The African Digital Asset Framework (ADAF) is launched [19:35] Econet Group posts great results despite Kwese's poor performance [28:44] Econet and Safaricom not content to stay in their lanes [33:38] African Fintech 2018 Retrospective Discussion [40:09] Resources referenced in this episode: Breaking New Ground In Fintech: A Primer On Revenue Models That Create Value and Build Trust | Omidyar Network and Oliver Wyman (http://bit.ly/OmidyarNetworkFintechReport) Image credit: Tito Pixel
Skittles hosts what seems like a reunion episode with Miri, Mark, and Archie who haven't been on the same episode in a while and it instantly goes rowdy. The hosts, full on Miri's delectable (she made us type this) Cuptown cakes, serve an interesting conversation around Magaya's HIV cure and whether that could be taking advantage of his congregation and how Onai the ‘geo' Technocrat of condoms could have given better insight. What's happening with Kwese's removal of certain channels and has the Government really bought us fuel? What's the SI that allows us to import the stuff the government should be bringing us? Mark schools us on this and Miri cooks up a feeling station that never was. Archie takes charge of the conspiracy theories and Miri looks for comebacks. In the feeling station, “whose responsibility is it to make sure you're healed from past hurt? Your boyfriend or God?” Mark goes into the feels in the true nature of the segment and Miri shares her recent experience with hurt while we wonder where Skittles is. Facebook
Capital26Free — Skittles hosts what seems like a reunion episode with Miri, Mark, and Archie who haven't been on the same episode in a while and it instantly goes rowdy. The hosts, full on Miri’s delectable (she made us type this) Cuptown cakes, serve an interesting conversation around Magaya’s HIV cure and whether that could be taking advantage of his congregation and how Onai the ‘geo’ Technocrat of condoms could have given better insight. What’s happening with Kwese’s removal of certain channels and has the Government really bought us fuel? What’s the SI that allows us to import the stuff the government should be bringing us? Mark schools us on this and Miri cooks up a feeling station that never was. Archie takes charge of the conspiracy theories and Miri looks for comebacks. In the feeling station, “whose responsibility is it to make sure you’re healed from past hurt? Your boyfriend or God?” Mark goes into the feels in the true nature of the segment and Miri shares her recent experience with hurt while we wonder where Skittles is.
The Facebook-sponsored TechCrunch Startup Battlefield competition which took place in Nairobi recently brought together fifteen African startups for a glitzy pitch session that offered entrants the chance to win $25,000, as well as the opportunity to go on and compete for $50,000 at the Disrupt Cup, which will be held in Silicon Valley next year. After the Kenyan logistics startup, Lori Systems, won the Nairobi event murmurings of alleged tournament rigging started doing the rounds and eventually surfaced in media reports. This palava has got Andile Masuku and Musa Kalenga wondering what, if any, value startup competitions are adding to Africa's emerging tech ecosystem, and has inspired them to interrogate the motives and modus operandi of various commercial interests who are looking to position themselves as enablers of Africa's tech industry. Also in this African Tech Round-up podcast, Musa and Andile discuss South Africa’s recent data breach-- the largest in the country’s history, ponder the merits of Kwese's partnership with VICE, and chat about SAP's diabolical admission of guilt made to U.S. authorities-- over a $6.7 million corporate bribe paid to secure a sizeable Transnet contract in South Africa. Music Credits: Music by Kevin MacLeod (incompetech.com) Music licensed under Creative Commons: By Attribution 3.0
Esports has become a massive part of the gaming landscape, and rAge is becoming the showcase venue - Kwese was on hand with an incredible stage hosting the first ESL Africa tournament (congrats to Energy Esports for a comprehensive CS:Go performance over Bravado gamingWe chatted to two people at rAge who are in different areas of the esports world: first up we chat to Lauren "Pansy" Scott - a professional CS:GO shoutcaster from the UK who has become a full time ESL employee. Lauren was brought to SA by the Kwese, and was gracious enough to spare some time to chat about her origin story, and some advice on managing the expectations of budding shoutcasts.Then we spoke to Zybrand "Zeylox" Lombaard who manages the CS:GO Rejects team for Veneration Esports. Zybrand has shifted from player to manager, as he realised he couldn't commit to the amount of time required to be a competitive gamer, but still wanted to contribute and be part of the scene.
Capital26Free — In this episode, Samsung release the Note 8. Is it any good? Dion and Gary dissect the new phablet. The latest version of Android, Android Oreo is officially launched. Which phones are getting it and which phones aren't? Elsewhere, more Kwese woes as the Econet subsidiary loses its broadcasting licence.