Category Archives: Business

24Apr/23

Viva Wallet and Elo partnership disrupts legacy checkout and embeds all payments into Elo mobile Android computers.

Finance, , , , , , , , ,

The strategic partnership between Viva Wallet, a leading European cloud-based neobank, and Elo, a leading global supplier of interactive touch solutions, is pioneering a new retail payments experience. European businesses can now offer new payment experiences, accepting Chip & PIN and Tap-on-Phone contactless payments by combining Viva Wallet’s cutting-edge embedded payments platform for smart devices, with Elo M50 and M60 Pay mobile computers in an enterprise-grade mobile point of sale system. One piece of technology that integrates smart retail software and payment acceptance for each and every transaction into a powerful and robust handheld Android computer; anywhere, anytime, seamlessly, all from the palm of your hand. Viva Wallet and Elo’s strategic alliance, featuring additional omnichannel solutions, has gone live in Europe with plans to expand globally, including the US. Continue reading

22Apr/23

ERB approves lower electricity tariffs for low-income households in Zambia

Economy, , , , , , , , ,

April 21, 2023 /Economy/ –The Energy Regulation Board (ERB) in Zambia has approved lower electricity tariffs for low-income households that consume 100 Units or less per month. The new tariffs will take effect on May 1, 2023.

The ERB said the decision to lower tariffs was made in order to cushion low-income households from the rising cost of living. The new tariffs will see a reduction of 25% in the cost of electricity for low-income households.
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22Apr/23

How newsrooms are introducing AI in their workflows.

Media, , , , , , , ,

April 21, 2023 /Media/ –There are a number of ways that newsrooms are introducing AI into their workflows. Some newsrooms are using AI to automate tasks, such as fact-checking and data analysis. Others are using AI to generate content, such as headlines and summaries. Still others are using AI to personalize content for readers. Some of the most common uses include: Continue reading →

21Apr/23

Kamono Farm Initiatives Limited (KFI) a Zambian company is facing allegations of fraud and money laundering.

Legal, , , , , , , ,

Kamono Farm Initiatives Limited (KFI) is a Zambian company that was founded in 2012 with the vision of changing the agribusiness landscape by offering farmers a superior service. KFI’s business model is based on contract farming, which allows the company to provide farmers with access to inputs, markets, and technical expertise. This has allowed KFI to help farmers increase their yields and incomes, and to improve the sustainability of their farming practices.

However, in recent years, KFI has been facing allegations of fraud and money laundering. These allegations stem from a number of factors, including:
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20Apr/23

How to claim your share of Facebook privacy settlement

Legal, , , , , , , , , , , ,

April 20, 2023 /Legal/ — If you were a Facebook user in the United States between May 2007 and December 2022, you may be eligible to receive a share of a $725 million settlement between Facebook and the Federal Trade Commission (FTC). The settlement resolves allegations that Facebook violated the FTC’s privacy law by failing to adequately protect the privacy of its users.
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19Apr/23

Class Action Accuses Apple, Goldman Sachs of Discriminating Against Married Women Who Apply for Apple Card

Legal, , , , , , , , ,

April 19, 2023 /Legal/ –The issue of Apple and Goldman Sachs discriminating against married women who apply for Apple Card escalated after a number of women came forward with their stories. These women said that they were offered lower credit limits than their husbands, even though they had similar credit scores and income. Some of the women said that they were even denied credit altogether.

The women who came forward with their stories said that they were frustrated and angry. They felt like they were being discriminated against because of their gender. They also felt like Apple and Goldman Sachs were not taking their concerns seriously. Continue reading →

19Apr/23

There are concerns that the cost of living crisis could lead to social unrest.

Economy, , , , , ,

April 19, 2023 /Economy/ — The cost of living crisis is a global issue, and it is having a significant impact on people in the UK. Energy bills, food prices, and fuel costs are all rising, and this is putting a strain on household budgets. There are concerns that the cost of living crisis could lead to social unrest, and there is no clear timeline for when this could happen.
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19Apr/23

Fox News reached a last-minute settlement with Dominion Voting Systems

Legal, , , , , , , , , , , , ,

LONDON, April 19, 2023 /Business/ — Fox News settled with Dominion Voting Systems for $787.5 million on April 18, 2023, just hours before opening statements were scheduled to begin in a defamation trial. The settlement was the largest ever in a defamation case involving a media company.

There are several possible reasons why Fox News agreed to settle. First, the network was facing a strong case. Dominion had already won several key rulings in the case, including one that found that Fox News had defamed the company. A jury was also likely to find in Dominion’s favor, and a large verdict could have been devastating for Fox News.
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18Apr/23

The National Pension Scheme Authority (NAPSA) of Zambia allows partial pension withdrawals

Finance, , , , , , , ,

April 18, 2023 /Finance/ — The law allows NAPSA beneficiaries to withdraw a portion of their pension savings before they reach retirement age. The amount that can be withdrawn is limited to 50% of the accumulated savings, and the withdrawal can be made in installments over a period of up to 10 years.

To qualify for partial pension withdrawal, beneficiaries must meet the following criteria: Continue reading →