Technology

World

EU Unveils Digital Networks Act: Brussels Bets on Telecom Sovereignty

The European Union, the biggest continent in terms of economic power boasting a combined nominal GDP of around $22.5 trillion in 2026, second only to the United States and surpassing China in purchasi

3 hours ago
World
AI Boom Propels Semiconductor Industry Past $1 Trillion in 2026

Lobal semiconductor revenues are forecasted to surpass $1 trillion for the first time in 2026, according to a recent analysis by market intelligence firm Omdia. This historic milestone represents a 30

 1 day ago
Zimbabwe
Tokenised Collateral Meets EcoCash: Can Ndarama Rewire Zimbabwe’s Credit Market?

It also outlines a governance chain that is intended to reduce counterparty risk. The statement points to independent custody of physical assets by Kreston Zimbabwe, professional asset management by S

 1 day ago
Companies
TN CyberTech Bank to Become Zimbabwe’s First Neobank

TN CyberTech Bank Limited, formerly known as Steward Bank, is set to become Zimbabwe’s first neobank, according to EcoCash Holdings’ latest full-year financial statement for the year ended 28 February

 Jun 10, 2025
Companies
Cassava Technologies Partners Zindi to Bring AI Innovation,GPUaaS to Africa

Cassava Technologies, a global technology leader with African roots, has signed a Memorandum of Understanding with Zindi, Africa’s largest professional network for data scientists, to deliver transfor

 May 13, 2025
World
A Look into Davos 2025 themes and action points as meeting wraps up

For countries like Zimbabwe, the discussions in Davos have direct implications including the push for free trade areas and digital economies which could benefit it significantly, offering new avenues

 Jan 24, 2025
Technology
Government Reduces Import Tax on EVs, but Road Conditions Remain Unchanged

Zimbabwe's Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube, has cut  import duty on electric vehicles (EVs) from 40% to 25%, effective January 2025. This was

 Dec 02, 2024
Automotive Industry Forecast 2025: WPIC Give Projections

The World Platinum Investment Council (WPIC) has projected that automotive platinum demand will soar to an eight-year high in 2025, reflecting a transformative shift in the automotive industry toward

Dec 02, 2024
Zimswitch Payment Conference Set to Revolutionize the Financial Landscape with Cutting-Edge Insights.

Zabron Chilakalaka, Zimswitch CEO, expressed his enthusiasm, "We are thrilled to present the Zimswitch Payments Conference, which promises to be an enriching and transformative experience for all atte

Jul 17, 2024
Amazon's Arrival Ushers in New Era for South African Retail

The launch of Amazon's online store in South Africa this May marks a watershed moment for the country's rapidly growing e-commerce sector. After years of anticipation, the global retail giant has fin

May 13, 2024
Starlink Faces Price Hurdle in Zimbabwe as Telecom Operators Seek Relief

TOAZ casts doubt on the suitability of low-earth-orbit (LEO) satellite systems, popularized by firms like Starlink, as a broad solution for Zimbabwe.  The association says high costs are likely to lim

Apr 04, 2024

ZINARA Registers Revenue Growth, Clears Air on Road Rehabilitation

On the 28th of February, 2024, the Zimbabwe National Roads Administration (ZINARA) held a press conference for an operational review of the full-year 2023 to 31 December 2023. The parastatal alluded t

Feb 28, 2024

ZIDA Launches Investor DIY Portal, Seeks to Improve Ease of Doing Business

Zimbabwe Investment and Development Agency (ZIDA) has launched an Investor Do-It-Yourself (DIY) electronic portal in a bid to improve the ease of doing business in Zimbabwe, the Chief Executive Office

Feb 22, 2024

ART's Quarterly Volumes Decline Again, Faces an Unstable Outlook

Amalgamated Regional Trading Holdings Limited (ART), recorded an overall volumes slump of 9% due to worsening economic headwinds which impacted raw material availability, higher operating costs and li

Feb 19, 2024

Letshego's Digital Transformation Drives Revenue Growth and Product Diversification

Letshego's digital transformation journey has yielded impressive results, with 60% of its core customers migrating to the Digital Mall platform. This represents a remarkable 38% year-on-year increase

Aug 28, 2023

Apple And Samsung Still Dominate Despite Slumping Tablet Sales

Apple shipped 12.3 million iPads in the quarter, though that was a 14% decline, the company still commands nearly 40% of the global tablet market. Samsung came in second with 6 million tablet shipment

Aug 07, 2023

Econet Unveils New Offerings

Econet Wireless Zimbabwe Limited, the largest telecommunications company in Zimbabwe by market capitalisation, is currently implementing a virtualized core network as part of its digital transformatio

Jul 24, 2023

Liquid Intelligent Technologies Zambia reports strong revenue growth

The Zambian unit of Pan African group Liquid Intelligent Technologies has reported a sharp growth in revenue for the financial year 2023. The subsidiary reported a double-digit growth of 18% in total

Jun 29, 2023

Lessons from Dell's Cost-Cutting for Zimbabwean Companies

In such a challenging environment, cost-cutting measures can be an effective way for companies to maintain profitability. However, it is important to note that cost-cutting measures can also have nega

Jun 02, 2023