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Category: Business
Stolen Phones Worth Over Rwf 90 Million Recovered in Seven Months
RIB Recovers Hundreds of Stolen Phones Rwanda Investigation Bureau recovered 431 stolen phones between May and November this year. The devices are worth Rwf 94.5 million. Investigators also arrested 23 suspects during the same period. Prosecutors received the case files soon after the arrests. Phones Returned During Press Briefing On Monday, December 1, the bureau…
How Close Is Rwanda to Becoming Africa’s FinTech Innovation Center?
Overview of Rwanda’s Ambition Rwanda aims to become a leading FinTech hub in Africa. Its FinTech Strategy 2024–2029 sets this direction. The vision is to build Africa’s FinTech center of gravity. Many observers question this ambition. They compare Rwanda to Nigeria, Kenya, South Africa and Egypt. These markets drew 80 percent of Africa’s FinTech funding…
Kazakhstan’s Central Bank Plans Up to $300M Crypto Investment Amid Market Turmoil
The National Bank of Kazakhstan (NBK) is considering investing up to $300 million in cryptocurrency-related assets, but officials say the recent market crash demands a cautious approach. Governor Timur Suleimenov explained during a November 28 briefing that the final investment amount may be significantly lower, possibly only $50 million, $100 million, or $250 million, depending…
Why the Rich and Powerful Could Not Say No to Jeffrey Epstein
Jeffrey Epstein’s influence over political, financial, academic and business elites continues to raise questions years after his death. Newly released documents reveal how many relationships with him survived long after his criminal conviction. These details offer a view into the dynamics of power in the United States and why some of the world’s most influential…
SpaceX Provides Free Starlink Access During Natural Disasters
SpaceX often offers free Starlink internet access to regions hit by natural disasters. The company has not issued a global policy, but its actions show a strong commitment to support affected communities rather than profit from crisis. Free Connectivity in Disaster Zones SpaceX has activated free Starlink service after major hurricanes, wildfires, and floods. It…
South Korea Moves to Freeze High-Risk Crypto Accounts
South Korea’s Financial Services Commission (FSC) Chairman Lee Eok-won announced new measures to curb illicit activity in the cryptocurrency market. He made the remarks on November 28 during the 19th Anti-Money Laundering Day ceremony. His plan focuses on tightening anti-money-laundering controls and expanding the Travel Rule for virtual asset transactions. Expansion of the Travel Rule…
China Warns Robot Makers to Avoid Copy-Paste Products
China’s main economic planning agency has urged humanoid robot companies to stop producing too many similar products. The agency warned that when many companies create nearly identical robots, it reduces room for real innovation and slows down progress in research and development. Li Chao, the spokesperson for the National Development and Reform Commission (NDRC), said…
Flying Cars on the Way: XPeng’s Ambitious Roadmap Wins Over Investors
XPeng (XPEV), the Chinese electric vehicle maker, saw its stock jump sharply on Monday after showcasing an impressive lineup of new technologies — including robotaxis, a humanoid robot prototype, and a flying car project. On Tuesday, the stock reached an intraday high of 28.06, its strongest level since July 2022, before easing back to around…
AI Search Is Shifting the Metrics That Matter Most
AI search is changing how people find information and make buying decisions. Instead of clicking through many websites, users now ask questions and get detailed answers directly in the search experience. This means brands must focus less on clicks and more on visibility—how often their content appears in AI answers, summaries, and citations. People still…
How AI Is Transforming App Creation Through “Vibe Coding”
AI is redefining who can build software and how quickly ideas can become working apps. A great example comes from Doher Drizzle Pablo, who found herself overwhelmed with travel reimbursements after moving from the Philippines to Sweden. Tired of dealing with endless spreadsheets, she turned to AI for help — without realizing she was stepping…