Technology

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
World
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
Technology
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
Zimbabwe
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
Technology
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
Technology
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
World
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

Diminished Communications Network (DECONET): Econet fails to cast out load-shedding demon

Known for its drive to identify and solve traditional and modern-day problems through modern-day solutions which are typically tech-driven, Econet Wireless has grown to be a household name in Zimbabwe

Dec 12, 2022

BancABC pursues a branchless approach

Financial services provider, BancABC is pursuing a branchless approach to become a top services provider after revealing plans to replace most of its manual services with digitalisation.  The develop

Nov 30, 2022

Crypto lender BlockFi files for bankruptcy: Impact on Zimbabwe

BlockFi cryptocurrency company is the latest casualty in the crypto business following the collapse of Sam Bankman-Fried’s FTX Bahamas-based company. On Monday, Nov. 28, BlockFi filed for bankruptcy p

Nov 29, 2022

Ushering in the digital age : An analysis of Zim’s internet penetration

According to a cabinet minister, just 50% of Zimbabweans have access to the internet, which worsens and maintains existing economic and social exclusion. Even though internet usage has been rising and

Nov 23, 2022

RBZ introduces a Collateral Registry.

The Reserve Bank of Zimbabwe (RBZ) has introduced a Collateral Registry as it moves to enhance financial inclusion and increased access to finance through expanding the range of qualifying collateral

Nov 23, 2022

Invictus energy up 245% on gas shows at frontier well

Over the last week, Invictus has released a throve of updates concerning the Mukuyu-1 well that is currently being drilled in its 80% owned SG 4571 licence in Zimbabwe’s Cabora Bassa Basin, with early

Nov 15, 2022