Tejash & Dev

Vodacom rules out financial services spin-off

African telecoms heavyweight Vodacom has ruled out spinning off its financial services unit, its CEO Shameel Joosub told Semafor, rejecting a path taken by rivals seeking to extract more value from fast-growing mobile money businesses. Joosub’s stance potentially sets up a test of two competing strategies across Africa’s telecoms sector after Airtel Money’s London listing…

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MLB Awards chat and discussion

Happy Veterans Day to those who have served and are currently serving. Thank you for your service. There will be a slew of awards handing out tonight, to include potentially some players from the Atlanta Braves. At 7 p.m. ET the Cy Young awards will be announced. Chris Sale is a finalist for Cy Young,…

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South Korea: Suspects accused of instigating insurance fraud apprehended

In South Korea, police have apprehended suspects accused of deliberately causing traffic accidents with rental cars, in order to lodge payouts with insurers. According to news platform The Chosun Daily, the Seoul Gangbuk Police Station announced that it arrested 21 people on suspicion of insurance fraud. They were also referred without detention to the Seoul…

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