Technology

World

Biden's Economic Report Criticizes Cryptocurrencies For Lacking a Fundamental Value

The report made no recommendations for immediate action. Regulators, though, don't require a starting pistol. Some agencies, including the Securities and Exchange Commission, have already begun taking

Mar 24, 2023
World
African Markets Update: Unlocking the Mystery of Third World Economies' Record Stock Exchange Results

The Zimbabwe Stock Exchange is currently the best performing stock market in Africa, with a year-to-date return of 34.67% in USD terms, and 83.41% in inflation-adjusted ZWL. Typically, the stock mark

 Mar 21, 2023
Zimbabwe
E-Livestock Global in Zimbabwe Sets Out Ambitious Expansion Aspirations For its Agri-Focused Data Platform

The startup utilises a double revenue model based on an initial tag sale of US$2 and a modest annual subscription fee of US$1 for the core system from the start of year two. This model may vary by geo

 Mar 20, 2023
Zimbabwe
The Jewel of Africa: How Zimbabwe Can Usher in a Gargantuan Economic Boom

To attract cell manufacturers, the government should establish a fast-track process for permitting and land leasing; make loans, grants, and guarantees to overcome capital limitations; and encourage a

 Mar 20, 2023
Technology
Fintech Momentum to anchor African economy in 2023

Fintech departures also increased in 2022, a sign of the industry's maturation. There were several notable merger and acquisition (M&A) deals last year, including the acquisition of Orchestrate, a pay

 Mar 17, 2023
World
The White Gold Rush: China and the lust for Zim’s Lithium

Africa is home to 30% of the world’s mineral reserves and holds 40% of the world’s gold and at least 90% of its chromium and platinum. It also has the largest reserves of cobalt, platinum, uranium and

 Mar 15, 2023
World
African Markets Update-NGX's Roar Through SVB's Dark Night

The market has been relatively flat (0.33% gain) during the past week; however, the Energy sector has seen a significant drop of 5.4%. in the 4-week period there has been gain of 2.62%, and an overall

 Mar 14, 2023
Power Challenges in South Africa Dampen Multi-choice’s Performance

Multichoice, which last week announced a major deal with NBC Universal and Sky relating to its streaming business, Showmax, has painted a gloomy outlook for the 2023 financial year

Mar 14, 2023
Remittances To Zim From SA to be Bolstered by New SARB Payment System

In partnership with the South African Reserve Bank (SARB), BankservAfrica introduced PayShap, a revolutionary speedy payment method that is anticipated to transform small-sum transactions in South Afr

Mar 13, 2023
Cryptocurrency Failure Raising Doubts About Zim’s Central Digital Currency Provision

Last year they notified us that they will be carrying out consultations and a consumer perception survey. When the survey came, the RBZ said it had to be filled out by the 7th of December. If you miss

Mar 10, 2023
New A.I-Powered Approach to Offset Revenue Losses Driven Forward by Poaching

This article will explore how a new A.I.-powered system would support Zimbabwe's wildlife business against the backdrop of widespread wildlife poaching. A smart camera created by a Dutch technology co

Mar 06, 2023

Microsoft Plans to Expand Internet Access in Africa

By 2025, 20 million more individuals in Africa will have access to the internet thanks to a collaboration between Microsoft and Liquid Intelligent Technologies. Microsoft's Airband Initiative, which a

Mar 03, 2023

2023 Monetary Policy : To weaken the horticultural industry's resurgence

Horticulture incentives were suspended as part of the measures included in the 2023 monetary policy, and this act will further impair the momentum the horticulture sector had accumulated over the prev

Mar 03, 2023

Twitter Continues to Eliminate Product and Engineering Employees to Reduce Costs

Following his $44 billion acquisition, Musk cut more than 3,700 people at Twitter, or half of the company's employment, in 2022 in an effort to reduce costs.The firings came after Twitter made cuts to

Feb 27, 2023

Major Layoffs Continue to Haunt Cryptocurrency Business in 2023

Nonetheless, it cannot be denied that Bitcoin is fundamentally a speculative investment in cutting-edge technology, notably the blockchain. Another factor that has led to several scams and the misuse

Feb 24, 2023

SA Treasury Makes Strides to Address Electricity Crisis

The South African National Treasury's recent projection of an increase in economic growth has sparked optimism among the country's economists. This is a good sign for Zimbabwe because South Africa is

Feb 23, 2023

Leveraging tech in retail for survival and growth

Here are two ways that European shops have embraced technology to dominate their respective markets. To obtain a competitive edge, Zimbabwean retailers should see fit to embrace and copy these strateg

Feb 20, 2023

Ecocash Holdings and the modern-day business

For a modern-day business, operating in an era that is brimming with thousands of “how to” strategies, first principles thinking could be the difference between a million and billion-dollar company. I

Feb 06, 2023

Biden talks green energy as Eskom CEO quits amidst blackouts surge

Biden also said the money would be spent helping "develop cutting-edge energy solutions like clean hydrogen, a deal worth $2 billion to build solar energy projects in Angola, $600 million high-speed c

Dec 16, 2022