KARACHI, October 30, 2024: Accelerating the digitization of payments, the State Bank of Pakistan and K-Electric, the country’s sole private power utility, have made a significant advancement by signing agreements to initiate a Proof of Concept under Raast’s Payment Initiation Service Provider (PISP) model. This collaboration will assess the feasibility of incorporating K-Electric’s consumer and…
Islamabad: (30th October, 2024): The Pakistan Telecommunication Authority (PTA) Zonal Office in Lahore, in close collaboration with the Federal Investigation Agency (FIA) Cyber Crime Circle, Lahore conducted another successful raid against Ufone franchisee located at Burewala. This franchisee was found to be involved in the illegal issuance of SIMs. During the raid, 14 active SIMs,…
Tanzania, October 30, 2024: In a significant boost for Pakistan’s export sector, the first consignment of Pakistani-made tractors has successfully arrived in Tanzania, marking a major milestone in the nation’s trade relations with East Africa. This achievement is the result of concerted efforts led by Federal Minister for Commerce Jam Kamal Khan, alongside key officials…
Islamabad, October 30 2024: In a significant turn of events for Pakistan’s privatization efforts, the country received just one bid for a stake in its struggling national carrier, Pakistan International Airlines (PIA). This comes as a disappointment, as five other consortiums opted out of what is one of the government’s major attempts to divest its…
KARACHI, October 30 2024: Pakistan’s leading edtech venture Knowledge Platform and Kenya’s leading edtech venture Eneza Education have merged to form the world’s first African Asian edtech venture.The merged venture, headquartered in Singapore and operating as Knowledge Platform, serves over 1,000,000 learners in Africa and Asia using mobile, web, and SMS technologies. The combined team…