Technology

Technology

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
World
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
Companies
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
Companies
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
Zimbabwe
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
Companies
MTN's Plan to Revolutionize Internet Connectivity in Africa

However, there are challenges that must be overcome to ensure the success of these initiatives. One of the biggest challenges is the lack of regulatory frameworks and policies that support the growth

 May 16, 2023
World
Impact of Microsoft's Pay Freeze on Africa Internet Access and AI Push

Microsoft's decision to freeze pay for all full-time workers in 2023 may have significant implications for the tech giant's mandate to expand internet access in Africa. The move comes as part of the c

 May 12, 2023
LinkedIn's China Pullout Highlights Irony in Chinese Investment in Zimbabwe

China has become Zimbabwe's largest trading partner and has been investing in various sectors of the country's economy, including infrastructure and mining. The recent investments made by Chinese ener

May 09, 2023
Xiaomi's Redmi 12C: A Game-Changer for African Markets

The entry of Xiaomi into the South African market has significant implications for the African market as a whole. Firstly, it provides African consumers with access to affordable and high-quality smar

May 08, 2023
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
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

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

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 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

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

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