May: Off the Cuff
Hello and welcome to May:Off the Cuff - another edition of our global monthly newsletter. As we do every month, we're here to provide a summary of this month's events. However, this update would be incomplete without mentioning the devastating floods in Kenya, which have resulted in significant loss of lives and property.
We extend our thoughts and prayers to those affected, and pray for quick rebuilding and healing in the communities impacted. Now let’s jump into all the updates from the month of May
Updates from Inside Workpay
Our High Impact EOR Webinar is Only 6 Days Away
If you’re still yet to secure a slot to attend our exclusive webinar on: EOR Insights: Managing Compliance Risks for Remote Teams Across Africa, then you are on the verge of missing out!?
Click here to register now and secure your spot right now because our team of experts are ready to answer all your questions, and equip you with the knowledge to mitigate compliance risks across Africa.
Team Nigeria Meets Our Co-Founder - Jackson Kungu
It was an exciting week for Workpay’s Nigerian team, as many members had the opportunity to meet our co-founder, Jackson Kungu, for the first time. As a global company focused on growth and expansion, our Nigeria team remains a key entity, consistently growing and reinforcing our position as Africa's leading HR, Payroll and Benefits provider.?
Workpay is Making Strides at the GITEX Summit in Morocco
The ongoing GITEX Africa summit in Morocco has not disappointed one bit, with our Founder and EOR expert, Paul and Catherine physically representing Workpay at the continent's largest Tech and Startup show. We're also exhibiting at the summit, so here's a friendly reminder to visit our booth and say hello if you're physically present.
Updates Across Africa
Kenya Secures $1 Billion Investment from Microsoft?
Microsoft and G42, an AI firm based in the United Arab Emirates, have announced plans for digital investments in Kenya. Microsoft has stated G42 would spearhead the effort to secure an initial $1 billion investment for various projects under the initiative. Read more on TechinAfrica
Flutterwave Hit by Cyberattack
Flutterwave experienced a significant breach in April 2024, reportedly losing ?11 billion ($27 million). This incident follows closely on the heels of the company’s successful court order to reclaim $24 million lost in unauthorized Point-of-Sale transactions. Read more on TechinAfrica
领英推荐
Undersea Cable Internet Restored In East Africa After Outages?
Telecommunications companies in Kenya and Uganda recently experienced widespread internet outages after two submarine cables were damaged. Safaricom has however announced the restoration of network services to its subscribers after the cable repairs were completed. Read more on TechinAfrica
Nigeria to Launch Tech Exchange Hub in San Francisco
On May 14, Minister of Communications, Innovation, and Digital Economy Bosun Tijani announced on X (formerly Twitter) that the Federal Executive Council (FEC) had approved the conversion of a Federal Government property in San Francisco into the Nigerian Digital Technology Exchange Program Hub. Read more on TechinAfrica
Microsoft’s Surprise Move to Close African Development Center in Lagos
Microsoft is reported to be making a surprise shut down of its African Development Centre (ADC) in Lagos. This unexpected development has left employees reeling, as the management informed them of the decision on Monday, May 6th. Read more on TechinAfrica
Why Africa needs to pay more attention to AML compliance
Many businesses use Anti Money Laundering SaaS software to help stop money laundering from meeting AML compliance requirements, as money laundering is becoming a bigger problem globally, not just in Africa. But do you understand why Africa needs to pay more attention? Read more on TechinAfrica.?
A Nook Into our Blog
Are You Aware of the New Changes In Filing KRA Tax Returns For 2023?
Paying taxes has always been a long and tedious process, especially for ordinary Kenyans who do not understand how to do it. Additionally, the new changes in 2023 to the KRA Tax returns process might not make it any better. We've provided a breakdown of all the new changes in KRA filing on this article, so kindly click here to read more.
A Guide to Employee Benefits in 2024 & The Best Software For You
Employee benefits play a crucial role in attracting and retaining talent, improving employee satisfaction and enhancing productivity. But are you well informed on the right benefits to offer your employees as well as the right software for this? We've also broken this down in our article here.?
Entertainment and Sports
May has seen Manchester City winning a record 4th consecutive EPL title. Other league champions across the top European leagues include PSG, Real Madrid, Inter Milan and the invincible Bayer Leverkusen. Even though the season may have technically come to an end, here’s a curation of football matches/tournaments to look forward to before the new season begins in August.?