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World

Implications of Samsung's AI Ban on ChatGPT Data Leak for AI Development in Africa

Samsung's recent ban on the use of generative AI tools like ChatGPT by its employees, following a data leak incident, has significant implications for African businesses and organizations. According t

May 05, 2023
Companies
Impact of Intel's Worst Quarter Loss and Fierce Competition on Africa's PC Access Negligible

Intel's commitment to innovation is unwavering, and the company will continue to introduce new products and technologies to the African market. The potential for increased competition in the African m

 Apr 28, 2023
Zimbabwe
Lithium Mining Sector Charges Up Amid Strong Demand and Supply Shakeups

According to analysts, lithium demand could triple by 2025 and increase six-fold by 2030. Meeting this demand and achieving price stability will require diversified supply from many new projects world

 Apr 26, 2023
World
African Markets Update: Malawi Stock Exchange Surpasses Zimbabwe Stock Exchange for the Leading African Exchange Market

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

 Apr 25, 2023
Zimbabwe
Zimbabwe Introduces Gold-Backed CBDC: Too Little, Too Late?

In this context, the new gold-backed CBDC may seem a promising initiative to restore stability. The RBZ claims Zimbabwe has enough gold reserves to fully back the new digital currency. By pegging its

 Apr 25, 2023
Technology
African Blockchain Ventures Experience 429% Surge in Funding, Surpassing Global Growth Rate of 4%

Amidst global economic challenges, African venture funding experienced remarkable growth in 2022, increasing by 34% to reach $3.14 billion, while global funding dropped by 35% to $415 billion. Notably

 Apr 25, 2023
Companies
Toyota Vying for More EV Market Share

The luxury company has already set a goal to sell one million electric vehicles internationally by 2030 and to go completely electric globally by 2035. In that time span, Toyota as whole plans to sell

 Apr 24, 2023
SpaceX: A Case Study on the Value of Learning from Failure

“It may look that way to some people, but it’s not a failure,” said Daniel Dumbacher, executive director of the American Institute of Aeronautics and Astronautics and a former high-level NASA official

Apr 21, 2023
EasyEquities Partnership With GCash to Bring US Stock Trading to 70 Million Filipinos

EasyEquities will launch a fantasy investment game on GCash in June 2023 to educate and familiarize customers with US stock trading before offering real trading. This strategy proved successful when E

Apr 20, 2023
Cassava Technologies Commits to Investing R4.5 billion (US$247,68million) in the South African Economy

Cassava, which has operations in Africa, the Middle East, Europe, the USA, and Latin America, will continue to offer services and goods in South Africa through this investment through its business uni

Apr 17, 2023
Zambia's Copper Exports to China: Navigating the Impact of China’s Reduced Imports

Zambia is Africa's second-largest copper producer, with the metal accounting for around 70% of its export earnings according to Reuters. China has been one of the primary markets for Zambian copper, a

Apr 14, 2023

Nedbank SA envisions a chain of renewable energy projects valued at R10 billion

Despite the material challenges in the short-to-medium term, South Africa still has a lot of potential. This nation, according to analysts has some of the top 10 mineral deposits in those minerals tha

Apr 14, 2023

ChatGPT's advantages and potential drawbacks as a business tool

The second advantage of ChatGPT is that automating some operations can assist enterprises in increasing efficiency. ChatGPT, for instance, can help firms save time and money by producing generic conte

Apr 11, 2023

Zimbabwe's Lithium Export Ban Sparks Stockpiling and China Price Floor Agreements: What's Next for the Global Market?

imbabwe, a country with significant untapped lithium resources, recently implemented an export ban on lithium ores, with only a few players exempted from the ban. This move by the Zimbabwean governmen

Apr 06, 2023

African Capital Markets Update: Positive Outlook Despite Contrasting Performance - Challenges Ahead

In the past week, the All-Share Index rose 7.59%, ranking the best performing stock market in Africa. The bourse registered growth on the back of a remarkable 17% surge in the Utilities sector, primar

Apr 04, 2023

Realization of a New Model for Large Organizations Facing Breakup Pressures

Companies that compete with newly public companies may run the risk of adopting the approach. Investors moving into the new standalone entities may cause a decline in demand for shares of purer plays

Apr 03, 2023

Microsoft Expands Its Translation Services to Include 13 African Languages, Including Shona

By utilizing the most recent neural machine translation (NMT) strategies, Microsoft has steadily expanded the number of languages and dialects that are supported by its Translator service. Machine tra

Mar 31, 2023

Inflation-Proof Stable Coins a Possible Hedge for Bank Failures

Tether and USD Coin are two examples of stablecoins that are supported by physical assets like cash and bondsThe Securities & Exchange Commission last week formally announced its intention to pursue a

Mar 28, 2023

US$1bn Floating Solar Farm In Kariba Proposed by Chinese Firm

Due to low water levels and insufficient ability to generate enough electricity to fulfil demand, Zambia now has a deficit of electricity. To prevent a power catastrophe, according to Hichilema, the n

Mar 27, 2023