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Tecno reveals new wearables in SA
The Chinese brand, Tecno has revealed its new range of smart accessories and they have landed in South Africa, after the release of its 5G smartphone in July. Tecno is a smartphone brand from China’s Transsion, and it also counts Infinix and Itel among its phone brands. Initially making its South African debut back in
Transforming Digital Banking: HUAWEI AppGallery partners with Leading South African Banks
In an age marked by swift technological progress, Huawei Mobile Services (HMS) has emerged as a pioneering force, forging collaborative alliances with some of the most influential banking applications in South Africa. Noteworthy among these partnerships are Absa Bank, First National Bank, Nedbank, Capitec Bank, Bidvest Bank, Old Mutual Bank, Sasfin Bank and Standard Bank. This symbiotic
Vodacom launches the inaugural SME Summit, to Empower small businesses in South Africa
Vodacom announces the launch of the first-ever SME Summit, dubbed #SME Thrive Summit. This free impactful gathering aims to provide invaluable resources, knowledge, and networking opportunities to help small businesses thrive and contribute to the sustained growth of the South African economy. The day will be jam-packed with activities to help SMEs grow their businesses. It
Tesla cuts electric car prices in China
Tesla Inc. is currently working on a new round of price cuts in China, sending auto stocks tumbling on concerns the move will re-spark a bruising price war that had showed signs of abating. According to a post on its Weibo account on Monday, the company took down the price of the top-end Long-Range and
Tobacco sales in Malawi increase by 55% increase this season
The tobacco regulators in Malawi have revealed an increase of 55% in the sale of the product amounting to $282 million compared to $182 million last year. Even though they are experiencing this increase, this year’s sales are still lower compared to previous years when they hit over $350 million. The Southern African country lacked
MTN sells stake of R99-billion fintech business to Mastercard
Africa’s biggest wireless carrier, MTN has revealed that the second-largest payment-processing corporation worldwide, Mastercard has agreed to take a minority stake in its financial-technology business, valued at $5.2 billion (R98.71 billion) by the company. MTN has not yet revealed the actual value of the deal, but in a statement that was released on Monday, the
Sasol expecting 74% earnings drop because of failing SOEs
Sasol has revealed to its shareholders that the expectation on its basic earnings per share is a decrease by between 74% to 84% for its 2023 financial year. Sasol said its year-end financial results for the 30th of June 2023, were impacted by “operational challenges and a volatile global economic landscape”. The landscape that is
(SPONSORED) Can I Recover My Insurance Excess if the Accident Wasn’t My Fault?
If you’ve read about the ins and outs of insurance excess payments and now understand what it is and why it’s there, you know that when you submit a claim to your car insurance company that you’re going to have to pay an excess. Yes, even if the accident wasn’t your fault. If you’re insured
BRICS aiming to advance Global South interests, not compete with West
What the BRICS group of emerging market powers is aiming to do, is promote the interests of the developing world and isn’t in competition with any other bloc. At a conference at Bloomberg’s Johannesburg office on Monday, Anil Sooklal who is South Africa’s ambassador to BRICS, “There’s an unfortunate narrative being developed that BRICS is
Zeekr Takes a Dig at Tesla While Unveiling the 001 FR Performance Variant
Zeekr is generating buzz with a first look at its upcoming flagship model, the Zeekr 001 FR. This performance-focused iteration of the already available 001 EV promises to push the envelope and raise the bar. While the new model's unveiling images are captivating, Zeekr has added a touch of rivalry by making a subtle jab
Geely Galaxy E8 a glimpse into the Future of Mobility
Geely recently unveiled the highly anticipated Galaxy E8, heralding a significant leap forward in the world of electric vehicles. After teasing its "Galaxy Light" concept car at the 2023 Auto Shanghai event, Geely is preparing to launch the Galaxy E8. While Geely is not new to the electric vehicle market, the Galaxy E8 is significant
Motorola Razr 2023: Unfolding Innovation in the Smartphone Realm
Motorola's latest offering, the Motorola Razr 2023, has made waves in the ever-changing smartphone landscape. This innovative device, known as the Motorola Razr+ in North America, Motorola Moto Razr 2023 in China, and various other names such as Motorola Razr 4 and Motorola Razr Gen 4, is redefining the concept of foldable smartphones. One of
Samsung Unveils One UI 6 Beta Program: Enhancing User Experience and Accessibility
Samsung has officially launched the long-awaited One UI 6 Beta programme, bringing exciting news to Galaxy fans. The Galaxy S23, Galaxy S23 Plus, and Galaxy S23 Ultra smartphones are currently eligible for this programme. The update is based on Android 14 and is already available in a few countries, including the United States, Germany, and
Axiz secures distribution rights for Veeam Data Management Solutions in East Africa
Axiz, a leading technology distributor in Africa, is pleased to announce that it has been awarded the East Africa distribution rights for Veeam, a prominent data management solutions provider. This is a significant milestone in Axiz's commitment to Africa, which has been an integral part of its growth strategy. The distribution rights cover several countries, including Kenya, Uganda, Tanzania, Rwanda, and Ethiopia. With
Meet the HUAWEI WATCH GT 3 SE: A Lightweight and All-Purpose Smart Companion on Your Wrist
The HUAWEI WATCH GT 3 SE is a remarkably user-friendly smartwatch that continues the rich tradition of excellence set by the HUAWEI WATCH GT Series. This innovative timepiece combines advanced health and fitness capabilities, intelligent interactions and long-lasting battery endurance, setting new standards for both comfort and performance in the world of wearables. A lightweight personal
Moody’s yesterday upgraded Zambia’s local currency long-term issuer rating to Caa3 from Ca with a Stable outlook
Moody’s yesterday upgraded Zambia’s local currency long-term issuer rating to Caa3 from Ca with a Stable outlook. The rating agency said that the upgrade follows the announcement of an agreement on a comprehensive debt treatment between Zambia’s government and official creditors that explicitly excludes local currency debt from the restructuring treatment, reducing the risk of
Absa CIB banks on digital trade, becoming first African bank to join Contour’s production network
Contour, the leading digital trade finance network, announced that leading Pan-African bank, Absa Corporate and Investment Bank (CIB), is the first African bank to officially join its growing production network. Absa CIB is positioning itself at the forefront of digital developments by being a part of Contour’s digital trade finance network. Many of Africa’s trade
Restaurant Technology Industry Faces Fee Fatigue
During the pandemic most businesses went to a stop while others took the technology route, one being restaurants. Most restaurants went online with people ordering food online using QR (Quick Response) codes. However, most people still prefer old-fashioned menus over QR codes. With most technology taking centre stage during the pandemic brands such as Uber
Businesses Affected by SaaS Subscription Cost Increase
With businesses increasingly reliant on software for day-to-day operations, the cost of Software-as-a-service (SaaS) subscriptions increasing businesses are being badly affected. according to an April report by the IT Asset Management Review, “A significant concern for chief financial officers is the relentless increase in software prices and the impact on businesses.” Over the past year,
Government in South Africa still Target of Cyberattacks
Cybersecurity is still facing ongoing threats with scammers and hackers creating a new way to threaten the security of companies and individuals. Security and risk leaders are still continuing to fight existing threats and coming up with ways to defend against emerging threats. Artificial Intelligence tools, geopolitical uncertainty and increased cloud complexity have created a