Jack Ma says Alibaba ‘doing a lot of research’ on driverless cars

Jack Ma says Alibaba ‘doing a lot of research’ on driverless cars

Jack Ma, founder of e-commerce giant Alibaba, talks during the MoU’s Signing Ceremony of “Smart Digital Hub and Digital Transformation Strategic Partnership” in a hotel at Bangkok, Thailand April 19, 2018. REUTERS/Soe Zeya Tun

E-commerce giant Alibaba is steering resources towards driverless car technology, its CEO Jack Ma confirmed on Thursday, joining a global race to shape the future of driving.

Despite fresh safety fears after a woman was hit and killed by a self-driving Uber vehicle in the US last month, many tech giants like Google as well as automakers are accelerating plans in an industry attracting billions of dollars.

The competition is heating up in China, the world’s largest car market, with internet firm and Alibaba rival Baidu recently predicting that self-driving vehicles will hit the road in the country within three to five years.

Both Baidu and Chinese tech giant Tencent are pursuing the technology, stirring speculation about Alibaba’s plans.

“We’ve been doing a lot of research on driverless things,” Ma told reporters on Thursday while on a business trip to Bangkok.

“What we want to do is (figure out) how we can make the cars more automatic, more friendly, more like a partner of human beings rather than just a driving tool,” he said.

Ma was speaking at a press conference in Bangkok after signing agreements with the Thai government, including a more than $300 million investment in a “digital hub” in eastern Thailand aimed at connecting regional markets.

“I believe our children will only work four hours a day and four days a week or maybe three days a week, but they still will tell us they are very busy. Why are they busy? They are in cars,” he added.

Ma did not elaborate on the company’s plans but said the purpose was not to commercially compete with rivals Tencent and Baidu.

Chinese authorities approved regulations this month to allow for local driverless road tests, according to state-backed media, which reported on Wednesday that Alibaba was adding staff to work on the technology.

Self-driving cars hold the promise of being more attentive and quicker to react than humans at the wheels, while also allowing people to use travel time more productively or pleasantly.

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Amazon Prime service tops 100 million paid subscribers

Amazon Prime service tops 100 million paid subscribers

Amazon Prime Now delivery bags are seen in this illustration photo July 27, 2017. REUTERS/Thomas White/Illustration

The ranks of people subscribing to Amazon Prime service for speedy delivery of purchases and streamed television has topped 100 million, the company’s chief Jeff Bezos said Wednesday in an annual letter.

The new high in subscriptions at Prime, launched 13 year ago, was among milestones from 2017 shared by Bezos in the letter, a copy of which was filed with US securities regulators.

Amazon shipped more than five billion items through its Prime service last year, and logged an unprecedented number of new memberships, according to Bezos.

Prime subscriptions cost $99 in the United States, and come with fast, free shipping as well as online access to movies and television shows.

The Seattle-based company has been investing heavily in original television content.

“Prime Video continues to drive Prime member adoption and retention,” Bezos said in the letter.

“We’ve expanded our slate of programming across the globe.”

Amazon offers Prime service in cities in nine countries.

In January the company raised the monthly Prime subscription price in the US to $12.99 from $10.99, but left the annual cost at $99.

Best known as an online retail colossus, Amazon has the leading system for hosting services or content in the internet cloud and is the force behind the Alexa digital assistant being built into a wide array of devices.

Amazon boasts more than 560,000 employees, and reported a profit last year of slightly more than $3 billion.

The company on Wednesday also announced a collaboration with US consumer electronics retail chain Best Buy to sell Toshiba and Insignia smart “Fire” televisions infused with Alexa.

“Amazon and Best Buy have a long history of working together, and today we take our partnership to a new level,” Bezos said in a joint statement.

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Africa Data Centres opens new floor at Nairobi data centre facility

Africa Data Centres opens new floor at Nairobi data centre facility

East Africa Data Centre (EADC) in Nairobi, Kenya

Africa Data Centres, part of the pan-African telecoms group Liquid Telecom, has on Thursday, 19 April 2018 opened a new floor at East Africa Data Centre (EADC) in Nairobi, Kenya.

The additional floor will provide 500 square metres of rack space for leading cloud service providers, carriers and enterprises to host their business-critical data, cloud-based services, applications and back-end systems in Africa.

The new floor is compliant with the latest security standards, with EADC being the first data centre in East Africa to receive Tier III certification from the prestigious Uptime Institute.

With a total of 2,000 square metres of secured space for data servers over four floors, EADC remains the region’s largest and most connected data centre facility and is interconnected with Africa Data Centres’ other carrier-neutral facilities in South Africa and Zimbabwe.

As well as allowing businesses to host their data and cloud-based services in Africa, EADC is helping to address growing concerns around personal data protection and security.

Evolving data protection legislation and waning consumer confidence, which has been dented further by Facebook’s recent data privacy crisis, mean that today’s businesses face greater scrutiny over where they host their customers’ data.

“By hosting their data within Africa, businesses in the region have clear visibility on where their customer sensitive data is at all times and which parties have access to that data. This sends out a clear message to consumers that your business is serious about data privacy and protection,” said Dan Kwach, General Manager, EADC.

Data centres are also providing a platform for businesses and governments to explore new opportunities presented by Big Data.

The additional floor at EADC is set to host a new analytics centre for Strathmore Business School (SBS), which will provide data-driven research and practices for African businesses. Through a new partnership announced in January, Liquid Telecom will provide SBS with dedicated rack space and colocation services at EADC and establish a direct fibre link to the SBS campus, which will facilitate data analytic services such as data mining, predictive analysis and exploratory data analysis.

Edited by: Daniëlle Kruger
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MENA Innovation 2018: Official Ministerial Summit for ICT Innovation in Education & Digital Inclusion

MENA Innovation 2018: Official Ministerial Summit for ICT Innovation in Education & Digital Inclusion

MENA Innovation 2018: Official Ministerial Summit for ICT Innovation in Education & Digital Inclusion.

Industry and government are looking forward with anticipation to MENA Innovation 2018 which will see the gathering of ministers and government officials, under the patronage of HE Yasser El Kady, Egyptian Minister of Communications & Information Technology. The summit will take place over three days at the Dusit Thani, Cairo, 29 – 31 July. Up to 25 Middle Eastern and African countries will be represented at the summit, with invitations already sent to regional ministers of ICT, education and higher education; allowing captains of industry and investors to engage in pre-scheduled meetings with ministers and officials.

Confirmed participating countries already include, Cyprus, Ethiopia, Ghana, Greece, Iraq, Jordan, Lebanon, Oman, Palestine, Saudi Arabia, Uganda, UAE.

The summit will be a hive of activity as government officials comprising of ministers, secretaries of state, deputy ministers, permanent secretaries and director generals are joined by board-level members from some of the world’s leading education & tech companies including Toshiba, Cambridge University, HP, JP – Inspiring Knowledge, Discovery Education, IT Worx, Kortext & Wiley and many more.

In his patronage letter, Honourable Minister Yasser El Kady stated: “The summit is of great importance to the Government of Egypt and especially the meetings-based format allowing for productive face-to-face engagement between government, civil society and industry partners. The summit has our own high-level involvement from multiple ministers, senior government officials and stakeholders representing Egypt.”

MENA Innovation will be structured around a highly productive meetings-based format giving the opportunity for industry partners and delegates to pre-schedule meetings with ministers and senior officials along with universities and leading research and educational institutions in the Middle East & Africa. The panel sessions during the event will also cover key aspects of the sustainable development goals, ICT investment, developing digital skills, vocational & technical training and advancing innovation in science & research.

For more information on MENA Innovation 2018 please visit:

To register your interest in attending please visit:

Staff Writer

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PPS launches web based financial planning platform

PPS launches web based financial planning platform

PPS launches web-based financial planning platform

PPS  has announced the launch of PPS Horizon, a web-based tool that gives guided financial planning and advice to investors.

The design architecture of this web-based tool is the first of its kind in the country.  It has been designed in particular for use by financial advisors who are the custodians of clients’ financial plans, providing financial advisors the unique opportunity of counting digital planning tools as part of their overall offering to their clients. The tool will further assist financial advisers in attracting and servicing digitally engaged clients as well as in better segmenting service capabilities for a diverse range of clients.

This, in turn, gives clients an opportunity to interact with their advisors and financial services provider through an omni-channel ecosystem with the option to choose their preferred method of engagement at any point in time.

The intelligent advisory tool analyses the user’s circumstances, appetite for risk and financial objectives and calculates the likely future outcomes of a financial plan.

But, the tool goes beyond forecasting. The Play Zone feature allows users to consider a combination of products to reach a specific financial outcome. Brokers and members are now able to evaluate different scenarios and make better investment decisions with the platform’s quick, efficient and real-time offering, guaranteeing an exact path to the users’ wealth creation goals.

PPS Horizon is powered by adaptive algorithms, consumer economics, quadratic equations and an extensive knowledge of behaviour economics to provide the user with a variety of financial planning options.

“Building a digital channel is not a nice to have, it’s a business imperative,” says Izak Smit, CEO, PPS.

He adds that according to ASISA stats, “an estimated 30% of the R180 billion in financial service products inflows per year is from clients that directly engage with unit trust companies.”

PPS Horizon is part of the business’ omnichannel strategy that creates a seamless user experience from the call centre to the sophisticated and easy to use digital platform.

Edited by: Daniëlle Kruger
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Industry leaders define how Fintech is accelerating positive transformation of banking in Africa

Industry leaders define how Fintech is accelerating positive transformation of banking in Africa

Industry leaders define how Fintech is accelerating positive transformation of banking in Africa.

The FinTech space in Africa is witnessing rapid growth as innovative new financial services players disrupt the traditional modalities of banking across the continent.

Finnovation Africa: Kenya 2018, which will be held on the 31st of May 2018 at the Radisson Blu Nairobi, will gather international FinTech experts together with African pioneers, investors, government policymakers, entrepreneurs and leading bankers to harness the FinTech revolution to boost strategic economic priorities such as financial inclusion – and how FinTech can make a positive and profitable difference in Africa. The event will also explore how the major banks and financial institutions on the continent are addressing the digital transformation of financial services and how their own digital innovations are being shaped and accelerated as a result of the gathering momentum of FinTech disruptors.

The unique environment for financial services in Africa is fertile ground for innovative FinTech players who are capitalising on the opportunities to disrupt or leapfrog established business models to make financial services more affordable, accessible and profitable across the continent. Finnovation Kenya 2018 is delighted to welcome a stellar list of keynote speakers, including Paul Muthaura, CEO of Capital Markets Authority Kenya; Dave Van Niekerk, Founder and Executive Chairman of MyBucks; Aaron Fu, Managing Partner, MEST; Jeremy Awori, Managing Director of Barclays Bank Kenya Ltd; and Declan Magero, Founding Partner, Afrinet Capital. The opening keynote session will define directions on Aligning the Role of Government Policymakers, Banks, FinTech Innovators, Investors, Multilateral Agencies, MNOs and the Private Sector to Advance the FinTech Ecosystem in Africa.

Paul Muthaura, CEO of Capital Markets Authority Kenya Ltd, speaking ahead of his participation in the event, said that: “Kenya has rapidly become an internationally recognised pace-setter for FinTech innovation as global players increasingly look to learn lessons especially in areas where the country has built world-class capabilities such as in mobile money. We have built a supporting infrastructure and are strengthening our regulatory framework to foster FinTech innovation and drive capital market activity to the next level. The Authority is at an advanced stage of implementing a Regulatory Sandbox to provide a safe space for innovative ideas to transition into the regulated environment. Across emerging markets, and particularly in Africa where there is an absence of the legacy infrastructure found in most developed economies, Fintech presents a transformational opportunity to leapfrog traditional costs and time delays in rolling out world class financial services infrastructure, products, services and distributions channels. The pioneers and experts gathering at Finnovation Kenya 2018 will provide critical insights on this exciting journey.”

Finnovation Kenya 2018 will also provide a platform to connect innovative start-ups with leading investors in the African FinTech space and the Wolves’ Den session is one of the most dynamic features of the event. The Wolves’ Den enables innovative FinTech start-ups and trail-blazers to real-time test the positive impact of their solutions. A panel representing savvy Investors/Venture Capitalists and seasoned African Fintech Pioneers will evaluate the business model of each chosen start‐up or trail‐blazer in a high-stress 10-minute “elevator pitch” to the “Wolves” who will ask the tough questions and provide the illuminating insights.

Speaking ahead of his participation in Finnovation Kenya 2018, Dave Van Niekerk, CEO of MyBucks, said that: “The global microfinance, retail banking and credit landscape has long required a revolution and this rapid and dramatic change, with financial inclusion at its heart, is already well underway. FinTech innovations are enabling

the distribution of financial products at competitive pricing, providing the basis to rapidly scale-up as well as effectively manage credit risk. Incumbent financial institutions will eventually be forced to embrace this technology to acquire clients, determine risk and retain clients, effectively closing the divide between FinTech and traditional finance organizations. The Finnovation Kenya 2018 event will create a powerful platform for start-ups and trail-blazers, to understand the broader ecosystem as well as for incumbent Financial powerhouses from across Africa to engage and learn from each other.”

Further emphasizing the importance of the development of the FinTech ecosystem to economies across Africa, Sunny Walia, General Manager for Visa East Africa, said that: “With just 17% of people in Africa having access to formal financial services, almost a third of funding raised by African startups in 2017 was in the Fintech sector. Venture funding for African startups jumped by 51% to $195 million in 2017. And so, with over a hundred million dollars invested over the past ten years alone, the region’s Fintech industry is on the brink of a transformative breakthrough. At Visa, we believe the time is ripe to bring together its brightest minds and work on the next big idea in payments technology. With a clear goal of enabling cashless economies and financial inclusion, Visa is committed to fostering an entrepreneurial spirit and driving innovation in its payments landscape.”

Mr. Walia continued by saying, “To this end, we at Visa announced that its Visa’s Everywhere Initiative, a global innovation program that tasks start-ups to solve commerce challenges of tomorrow and further enhance their own product propositions and provide visionary solutions for Visa’s vast network of partners, will expand into the Sub-Saharan Africa (SSA) region. Entrants in the first-ever Sub-Sahara Visa’s Everywhere Initiative (VEI) will have the opportunity to compete for a chance to win up to USD 50,000, access to Visa’s products and services, expert mentorship and support from Visa and exposure to key Visa partners and clients.
To date, the program has had nearly 2,100 participating start-ups across North America, Latin America, Europe, Asia Pacific, Africa and the Middle East. Today, I am keen to participate in Finnovation Kenya 2018 to help shape the dialogue around the next steps on how banks and fintech players can collaborate with Visa to transform economies across the continent”

From the perspective of a leading banker, Jeremy Awori, Managing Director of Barclays Bank of Kenya Ltd, reinforced that “the rapid growth of FinTech on the continent is driving both the disruption and leapfrogging of legacy systems and is further accelerating the digital transformation of financial services across Africa.

As a bank, our innovation and digitization agenda is in top gear and is aimed at moving the bulk of transactions to channels such as mobile banking, Internet banking and agency banking in order to increase customer convenience. We have recently launched our pioneer virtual banking proposition, Timiza, which offers our customers a platform to conduct their financial transactions ranging from borrowing, saving, bill payments and funds transfer etc from the comfort of their mobile phones. I look forward to participating in Finnovation Kenya 2018 and engaging with FinTech pioneers from across the continent to address how FinTech is contributing to the positive transformation of financial services in Africa.”

Staff Writer

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Vodacom exceeds 80% population coverage on 4G

Vodacom exceeds 80% population coverage on 4G

Vodacom exceeds 80% population coverage on 4G.

Vodacom has just reached a new milestone.

Despite “vanishing data” problems in recent times, the network service provider has just become the first African mobile network to exceed 80% population coverage on 4G.

Vodacom now provides 80.12% 4G coverage in South Africa, with 99.78% of the population covered by 3G and 99.97% covered by 2G.

The accelerated rural coverage programme, outlined by Vodacom in June 2017, has contributed to providing South Africans with coverage.

Some of the rural areas which now have access to 4G coverage, to name a few, include Sterkfontein in Limpopo, Brandfort in the Free State and Sundays River Valley in the Eastern Cape. Ulundi in KwaZulu Natal now enjoys the same 4G signal as Vodacom subscribers who live in the heart of Johannesburg.

Vodacom has invested R39.69 billion in its network in South Africa over the past five years. Vodacom Chief Technology Officer Andries Delport says: “Despite the ongoing spectrum constraints, Vodacom now provides over 80% 4G coverage in South Africa. Our aim is to expand our network coverage to all parts of the country, including remote rural areas. Access to new, sub 1GHz spectrum will enable the more cost-effective rollout of 4G, which will help Vodacom increase broadband coverage to more South Africans.”

4G (fourth generation) connectivity has intrinsic advantages over 3G and 2G, providing users with faster and more reliable internet access for devices and laptops. 4G offers numerous benefits for South African SMEs, with speeds that are up to three times faster than 3G and reduced network latency.

Edited By: Neo Sesinye
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Kenyan mobile consumer feedback company secures $3.5m investment

Kenyan mobile consumer feedback company secures $3.5m investment

Kenyan mobile consumer feedback company secures $3.5m investment

mSurvey, the mobile-first consumer feedback platform for businesses and consumers in Africa, announced a Series A round of USD$3.5m, led by Africa focused venture firm TLcom Capital with investment from Social Capital, Kapor Capital, Golden Palm, and Richard Owen; founding team of Net Promoter Score (NPS).

The investment will enable the company to continue building out its infrastructure and partnerships, in order to scale and expand into more African countries.

Through partnerships with leading mobile network operators such as Kenya’s Safaricom, mSurvey is able to comprehensively map a customer’s journey through every single touchpoint, allowing businesses to identify any weak spots that exist within their product or service delivery, directly from the source; the customer. For example, Chloride Exide, an energy company in East Africa, can now map their customer journey via 5 touch points allowing them to understand and improve efficiencies and this has resulted in 800% growth.

In 2017 the company conducted over 12 million conversations with consumers on the continent and worked with businesses such as Commercial Bank of Africa, Kenya Commercial Bank, Safaricom, Airtel, Java House, Liberty Insurance, and Britam as well as US-based companies and institutions including Harvard, Emory and CNN.

mSurvey gathers real-time insights via mobile SMS conversations with its Voice of the Customer and Consumer Wallet products, as well as through its successful launch of Net Promoter Score [NPS] in Africa.

“mSurvey is enabling the supply side of the vast underserved consumer markets in Africa to have a much better understanding of their customers,”said Andreata Muforo, Partner at TLcom Capital, who is joining the board of mSurvey. “Large corporates and SMEs desperately need more data on the African consumer to serve a growing demand that is only reachable via the mobile platform. This is a unique business proposition with the potential of scaling quickly and transforming the way African consumers are finally understood and properly served.”

Leveraging the continent’s post powerful communication tool, the mobile phone, mSurvey allows businesses of any size to engage with their audience and develop a stronger relationship with their audience. The mobile phone is the single most powerful technology which has the potential scale and power to normalize access – giving consumers on the continent the power of choice and businesses the power of knowing; building trusted relationships between businesses and consumers.

Edited by: Daniëlle Kruger
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Amazon launches international shopping feature

Amazon launches international shopping feature

Amazon International Shopping Experience

Amazon has announced its new ‘International Shopping Experience’ feature within the company’s app, which is now available on the mobile browser and app for both Android and iOS. This feature offers the ability to shop in 25 currencies and choose between shipping options and delivery speeds.

This latest version will provide information regarding available products and their total cost, including shipping.

According to the company, the update brings transparency rather than new products. It’s designed to display products and their pricing more clearly. The company also states that it is “coordinating with courier services for customs clearance on behalf of the customer so there are no surprises at the time of purchase or delivery.”

For anyone downloading the Amazon app from the Apple Store or Google Play, this setting has become the ‘norm’ and will provide a catalogue based on current location.

Meanwhile, those with the Amazon app already on their devices can manually activate the feature by going to ‘Settings > Country & Language’ then select the ‘International Shopping’ in the country picker. Furthermore, language and local currency can be chosen for an even simpler shopping experience.

In a release from Amazon, Thailand is mentioned multiple times as a country that could benefit from the feature, which is said to bring over ‘45 million eligible items that can be shipped to [Thailand] from the United States,’ while customers will be able to browse in Thai Baht.

It suggests that there may have been a high demand in Thailand for these services but the brand seems keen on finding solutions for many other markets.

“We are always innovating on behalf of our customers, and with today’s launch, we are making the shopping experience on mobile devices even better and more convenient for our customers who live outside the US,” said Samir Kumar, VP of Amazon Exports and Expansion.

“Customers have been asking for a way to easily find and shop only for products available to be shipped to them. The International Shopping experience solves this customer need and makes it simple to browse, shop and ship more than 45 million products to over a hundred countries around the world,” added Kumar.

Edited By: Neo Sesinye
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Huawei Vision 2025 report lays out the blueprint for the ICT industry

Huawei Vision 2025 report lays out the blueprint for the ICT industry

Huawei Vision 2025 report lays out the blueprint for the ICT industry.

Huawei has released its Global Industry Vision (GIV) 2025, a new report that provides quantitative and qualitative predictions about the future of industry and society.

The report, GIV 2025 has its own unique research methodology. It adopts a mix of data and trend analysis to elaborate on global ICT trends and lay out the blueprint for the ICT industry. The data used in GIV 2025 spans more than 170 countries and regions. It covers three dimensions (all things connected, all things sensing, and all things intelligent) and 37 metrics, including the amount of data generated, the percentage of enterprises that adopt Artificial Intelligence (AI), and the number of personal smart devices.

According to the report, by 2025 all things will be able to sense and be connected, bringing us all into a world where everything is intelligent. GIV 2025 predicts that by 2025, the number of personal smart devices will reach 40 billion and the total number of connections around the world will reach 100 billion, creating a digital economy worth US$23 trillion.

William Xu, Director of the Board and Chief Strategy Marketing Officer of Huawei, said, “This is the first time that Huawei has released the GIV report. Based on data and predictions about the future, we aim to unfold the industry blueprint of an intelligent world driven by information and communications technology (ICT). It is our goal to build the foundations that will enable the diverse ICT industry ecosystem to truly transition into the intelligent world, and team with our global partners to build this fully connected, intelligent world.”

GIV 2025 depicts three visions for the future:

Vision 1: All things sensing, more and better connections, bringing everything to the intelligent world

According to GIV 2025, the intelligent world will truly have arrived once all things can sense and all things are connected. By 2025, there will be 40 billion personal smart devices and 100 billion connections around the world. The Industrial Internet will be the major source of these 100 billion connections. The massive amounts of data generated by the ability for all things to sense will be extensively integrated in all industries, forming new industries like the Industrial Internet of Things and Connected Vehicles.

With more and better connections, data traffic will grow exponentially, and most of it will be from video. The Cloud VR market will reach US$292 billion by 2025.

GIV 2025 describes a future where the role of smart devices and smart robots will evolve from being just a tool to being an assistant. The penetration rate of smart assistants will be 90% by 2025, with 12% of homes having smart service robots. And with the assistance of guide robots, the world’s 39 million blind people and 246 million people with impaired vision will live normal lives.

Vision 2: Intelligence: Fostering new business species and driving leapfrog development for industries

According to GIV 2025, with high-speed connections, IoT, and AI-based cloud, +Intelligence platforms will help industries achieve leapfrog development through intelligent analysis, decision-making, and assistance.

By 2025, intelligent technology will be applied extensively in the transportation industry, with more than 60 million vehicles connected to 5G networks and 100% of new vehicles connected to the Internet. When intelligence is incorporated into manufacturing, ICT will converge with operational technology (OT) at an accelerated pace. This will generate positive returns for innovation, the industry, the value chain, and the ecosystem as a whole. By adopting intelligence in cities, urban planners will be able to create new paths for sustainable development in security management, transportation planning, and other domains, enabling city residents to enjoy the safety, convenience, and high living standards made possible by a digital life.

Vision 3: Mass innovation: Tapping into the opportunities of a digital economy valued at US$23 trillion

Huawei predicts that the digital economy will be worth US$23 trillion. The value of +Intelligence will be widely accessible to manufacturing, services, transportation, and many other industries.

The outcomes of innovation in the intelligent world will be apparent everywhere. The intelligent world will reshape industries and give birth to new intelligent industries. It will also enable industries to go beyond current growth trajectories and achieve leapfrog development while giving a massive boost to innovation.

Edited by Fundisiwe Maseko
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