financial literacy: FinTech companies Depend on social media For Promotion (Update)
The term Fintech (Financial Technology) refers to software and other modern technologies used by businesses that provide automated and imporved financial services. The fast and innovative progresses such as Mobile Payments changed the way we manage our finances.
Change is what is driving many economic conversations across the continent. While fintech is embracing social media, South Africans are resisting the change to e-tolls.
Using social media to boost financial literacy
Social media has the power to connect people and build very powerful communities. The millions of conversations that happen on social media every day also generate a gold mine of data that is valuable to many organizations.
Financial institutions have recognized the opportunity that social media presents and continue to explore ways of communicating, attracting and serving their customers using social media tools.
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Farmers in Uganda dig their way out of Covid-19 losses
The covid-19 situations and the political disruption of the recently concluded general elections have had an impact on the Ugandan economy especially the agricultural sector.
It is believed by local farmesrs that the solution lies in innovative farming which they hope will help themrecover from losses obtained in the past five months.
Why South Africa’s E-tolls are doomed to fail
As host of the 2010 FIFA World cup, South Africa not only built new stadia but also upgraded its road infrastructure.
But despite the public backlash, the government implemented an electronic tolling system known as e-Tolls- which charges motorists to use the highways in Johannesburg and Pretoria.
Reporter Karabo Terrence explores the near-decade-long civil resistance to paying the tolls and why the system is doomed to fail.
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