Welcome to another fresh edition of the Big 5 Daily!
Let’s not keep you waiting!
Drum roll! Silicon Industries Corporation (SICO), has revealed its plan to export its Egypt first locally manufactured smartphones to Germany in November 2019. Exporting the smartphones align with its plans to sell the products across Africa and Europe. Can you beat that?
Have you heard? The iROKOtv co-founder and CEO revealed plans to take the on-demand video streaming company public by 2021. Jason took to his twitter handle to reveal this plan which aligns with his exit strategy. Way to go!
There is also news that the multinational technology company, Oracle intends to increase its tech investments in South Africa. It will see the launch of the Open Future Ready Labs in Johannesburg, Cape Town, Mauritius, Botswana, and Namibia.
Also, The South Africa government has is planning to save its utility company, Eskom from its R450 billion debt. The government plans to separate Eskom’s services into various subsidiaries and restructure Eskom’s mode of operation. What do you think?
Finally, Uber launched Uber Money in a bid to offer financial services and products to its riders and drivers. Uber Money spans across instant cashback, provision of credit cards, and in-app wallets for drivers to keep track of spending.
.. that’s it for today’s Big 5 Daily!
See you tomorrow!
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