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Zimbabwe foreshadows 10 renewable energy projects coming online by year-end
Zimbabwe expects 100 megawatts of electricity to be added to the national grid from renewable energy projects by the end of this year, with an additional 50MW in thermal power, a government minister said on Tuesday. “Cabinet advises that one thermal power project and ten renewable energy projects will come on board this year,” Information
Microsoft is now a $2 trillion company
Microsoft can add ending the day as a $2 trillion company to the list of things it’s accomplished today, alongside announcing Windows 11. That makes it the second American publicly traded company ever to have a market capitalization of over $2 trillion (the other member of the club being Apple, which achieved it in August
Instagram testing a desktop posting feature
Instagram is testing the ability to create posts using the web browser on a desktop computer. The feature was spotted by social media consultant Matt Navarra, who captured some screenshots demonstrating the functionality. Facebook confirmed the test in a statement to Bloomberg. “We know that many people access Instagram from their computer,” spokesperson Christine Pai
Panasonic sells Tesla stake for $3.6 bln
Panasonic Corp (6752.T) sold its stake in electric car maker Tesla Inc (TSLA.O) for about 400 billion yen ($3.61 billion) in the year ended March, a spokesperson for the Japanese company said on Friday. The sale comes as the bicycles-to-hair dryers conglomerate is seeking to reduce its dependence on Tesla and raise cash for investments.
South African emergency power deal blocked
Karpowership has been blocked from providing emergency power to the debilitated South African grid after the Department of Forestry, Fisheries and the Environment refused to authorise the powerships on environmental grounds. This is according to Department of Forestry, Fisheries and the Environment spokesperson Albi Modise, who was speaking to eNCA on Thursday. “The competent authority
Improving food security for African poultry farmers through technology
Johannesburg, 24 June 2021: IBM today announced that startup, Omniolytics, has turned to IBM to help transform poultry farming through digital platforms that use sensors and IBM Watson running in the IBM Cloud. Omniolytics develops smart farming solutions for emerging and commercial poultry farmers. The local poultry industry today has a number challenges ranging from the quality and origins
New commercial & industrial solar venture set for launch in West Africa
RP Global, a leading renewable energy developer and investor, and OOLU, leader in energy access solutions in West Africa, announce the launch of Westa.Solar, a Commercial & Industrial (C&I) Solar Venture in West Africa, and the deployment of its first solar PPA project in Nigeria. The 500kWp solar installation will supply Petrichor Industries with almost a quarter of its
Takealot to start selling groceries
Takealot has an opportunity to start selling groceries in South Africa thanks to its extensive delivery and warehouse infrastructure and technology. This is the view of Naspers and Prosus chief financial officer, Basil Sgourdos. Naspers owns 100% of Takealot. News24 quoted Sgourdos as saying perishable goods will be something new for Takealot and a “completely
Old Mutual investors to share R10.4bn of Nedbank stock
South African insurer Old Mutual said on Wednesday it would distribute $734 million in shares in lender Nedbank among its shareholders, reducing its stake in the bank to 7.2% from 19.4%. The insurer once held a more than 50% stake in the lender, one of South Africa’s big four banks, but sold off most of
Lenovo makes a wireless charger for laptops
Lenovo has announced a new product called the Go Wireless Charging Kit, which lets you retrofit wireless charging functionality to a wide variety of laptops. It makes use of “Power by Contact” technology from Energy Square, rather than the more common Qi standard. The kit consists of a 3.2mm-thick brushed metal charging mat that you
R54-billion crypto ‘hack’ shocker hits South African investors
While hundreds of thousands of investors were scrambling to find out what happened to funds they had invested in failed crypto scam Mirror Trading International (MTI), a far bigger crypto disappearing act has been playing out without hardly anyone paying attention. Africrypt, which reportedly counts several high-profile South Africans and celebrities among its investors, was hacked
South African consumer price inflation takes a huge jump
South African consumer price inflation accelerated to a 30-month high of 5.2% year on year in May, moving above the midpoint of the central bank’s target range for the first time since Covid-19 struck. The jump in headline inflation, from 4.4% in April, was in line with forecasts of economists polled by Reuters and the
Twitter now lets iOS users easily share tweets as Instagram Stories
Twitter’s iOS app has been updated to let anyone quickly and easily share tweets to their Instagram Story, Twitter has announced. The feature works using the iOS share sheet: just tap the share icon underneath any tweet, and select “Instagram Stories” from the list of apps. Once in Instagram, the tweet can be resized, re-positioned, and
Microsoft rises to join Apple in exclusive $2 trillion club
Microsoft Corp. took its place in the history books as just the second US public company to reach a $2 trillion market value, buoyed by bets its dominance in cloud computing and enterprise software will expand further in a post-coronavirus world. Its shares rose as much as 1.2% in New York on Tuesday, enough for
TelkomOne introduces video catch-up service
Telkom’s streaming video platform, TelkomOne, which was launched in November 2020 in partnership with the SABC, has unveiled a catch-up service, allowing viewers to watch linear content on demand. The free catch-up functionality is available across the SABC channels as well as other free-to-air channels on the platform, Telkom said on Wednesday in a statement.
Ghana plants 5 million trees to battle forest depletion
Five million trees were due to be planted across Ghana on Friday as part of a massive government-led “Green Ghana” programme to save depleting forest reserves. Ghana’s current forest cover stands at 1.6 million hectares, down from 8.2 million in 1900, according to statistics from the Ministry of Lands and Natural Resources. Illegal small-scale gold
Clubhouse accidentally leaked its own private messaging function
Clubhouse — which inadvertently sent every other tech platform from Spotify to Facebook scrambling to build out copycat functionality — seems to be taking its first steps away from pure live audio experiences. How do we know this? The company appears to have accidentally leaked a messaging feature, called Backchannel, to some users late last
Mozambique to sell majority stake in $2.4bn hydropower dam
Mozambique plans to sell a majority stake in the planned $2.4 billion Mphanda Nkuwa hydropower dam that will be one of the biggest in southern Africa, according to Carlos Yum, the director in charge of the project. The government will issue a request for proposals this year, and will take up to four months to select the
Meet Sthandiwe Zikode: The KZN woman who has her own wine brand
When her role model Bonang Matheba launched her own champagne brand, Sthandiwe Zikode believed that she could follow in her footsteps and become a businesswoman. Even though she is 20 years old, today her wine graces the shelves of Spar Tops in her area, and she is not planning on stopping there. Zikode, who is
Banks ordered to provide hand sanitizers for 30 000 ATMs
It is now mandatory for local banks to make hand sanitisers available at all 30 000 automated teller machines (ATMs) in South Africa. This new stipulation was Gazetted on June 17 as part of the changes made to the Disaster Management Act regulations introduced by Minister of Cooperative Governance and Traditional Affairs Nkosazana Dlamini-Zuma The