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Glencore to reopen one of world’s biggest cobalt mines in Congo
Glencore Plc could reopen its Mutanda Mining copper and cobalt project in Democratic Republic of Congo by the end of 2021, about two years after idling the mine. Congo’s new mines minister, Antoinette N’Samba Kalambayi met with representatives from the Swiss company Monday to discuss the restart of the mine, which closed in November 2019,
Bitcoin falls to two-week low as China cracks down on crypto
Bitcoin fell to a two-week low amid an intensifying cryptocurrency crackdown in China. The largest virtual currency fell 8% to $33 070 as of 11:12 a.m. in London. Ether declined 12% to $1 993. China has ordered payment platform Alipay and domestic banks to not to provide services linked to trading of virtual currencies. The
South African Smart Cities: A glimpse of a connected future
President Ramaphosa’s first State of the Nation (SONA) address in 2019, he encouraged South Africans to “dream big” as he announced his own dream of creating the country’s first interconnected Smart City. This would entail the establishment of an urban settlement defined by the sustainability of its investment in human and social capital, transport and ICT infrastructure, and
Is Kazungula Bridge taking over the Southern African trade sector?
Traders and transporters along Southern Africa’s North-South Corridor have long been dogged by decrepit infrastructure, border delays and traffic jams, heightening both the cost and time of trade. But the opening in early May of the new $259m Kazungula Bridge linking Botswana and Zambia over the Zambezi River offers renewed hope to those travelling north
Facebook to update its community standards
Following a recommendation from its Oversight Board, Facebook says it will update its community standards to be clearer about how it handles satirical content, the company said in a blog post. “We’ll add information to the Community Standards that makes it clear where we consider satire as part of our assessment of context-specific decisions,” according
Airspeeder says it had the first successful test flight for its electric flying racecar
Airspeeder says its electric “flying” race car, the Alauda Mk3, has had its first unpiloted test flights in southern Australia. The craft, an electric vertical takeoff multicopter (abbreviated eVTOL for electric vertical take off and landing) was remotely controlled and the test flights took place under the supervision of Australia’s Civil Aviation Safety Authority. The
Why SEO matters – and how to make it matter
For many Internet users, buying a new product or service starts with an online search query. In fact, 46% of product searches begin on Google.1 After a search query, search engines return the best possible search results. For brands to achieve maximum online visibility of their products and services, they need to optimise their website and
MTN to launch OpenRAN network in Africa
MTN this week became the latest major telco to commit to deploying OpenRAN technology, which it claims will be a “game-changer” in emerging markets. The South African company, which has operations in around 20 markets in Africa and the Middle East, said it is working with vendor partners Altiostar, Mavenir, Parallel Wireless, Tech Mahindra and
AI customer service is closer than you think
By now, most of us are familiar with chatbots, and although they are a long way from replacing human interaction, they are undoubtedly helping businesses serve customers better. While most chatbots simply answer frequently asked questions and guide customers with pre-determined rulesets, they have still made query processes a lot faster, more effective, and cost-efficient
Instagram will now pack ads into your Reels
Get ready to start seeing ads in Instagram Reels. The app’s video feed / TikTok clone will start including ads today across the globe. They’ll look just like any other Reel — full-screen, looping, up to 30 seconds long — and will appear in between other clips. Ads will be identified by a small “sponsored”
Mobile internet use is shrinking, despite the onset of the Covid-19 pandemic
A record number of women in South Asia now use mobile internet services, helping shrink the gender gap to 15% from 19% last year in low- and middle-income countries despite the onset of COVID-19, according to the fourth annual GSMA Mobile Gender Gap Report published today. The gains in South Asia, which had the most
CEO vacuum at AngloGold turns it into world’s worst mining stock
AngloGold Ashanti has had a bad year, with the company’s lack of a permanent chief executive officer and a suspension of its Ghana mine operations weighing on the stock. But with shares now cheap compared with peers, analysts see potential for upside. Shares of the world’s third-largest gold producer have dropped 30% in the past
Podcasts start coming to Facebook next week
Facebook is planning to start rolling out its podcast product next week, on June 22nd, and, eventually, add a feature that’ll allow listeners to create clips from their favorite shows. According to an email sent to podcast page owners and viewed by The Verge, hosts can link their show’s RSS feed up to Facebook, which
Satya Nadella named as chairman of Microsoft
Microsoft on Wednesday named CEO Satya Nadella as its new chairman, in place of John Thompson. Nadella, who took over as CEO in 2014 from Steve Ballmer, has been instrumental in scaling up the business, including billion-dollar acquisitions like LinkedIn, Nuance Communications and ZeniMax. The company said Thompson, who took over as chairman from the
Credit Bureau release on 'rapidly escalating municipal charges
There is a direct correlation between the property market and the health of a country’s economy. When property prices go up both consumers and investors feel greater levels of confidence in the economy. Both the commercial and residential property sectors have a close correlation to business and investor confidence and the economy. At a time
Vodacom announces services to assist SMMEs with short-term cash flows, drive financial inclusion
Vodacom Financial Services announces its latest lending product, VodaLend | Business Cash Advance, which provides finance to smaller unregistered businesses in need of quick access to short-term cash advances. Offering finance between R3000 and R350 000 to customers using VodaPay point of sale (POS) devices, Business Cash Advance complements VodaLend’s range of lending products aimed
Amazon brings its cashier-less tech to a full-size grocery store for the first time
Amazon’s cashierless Just Walk Out technology is coming to a full-size grocery store for the first time, the company has announced. The new 25,000 square foot Amazon Fresh store is significantly bigger than the 10,400 square foot Amazon Go Grocery store it opened last year, or its standard 1,200 and 2,300 square feet Go stores,
Rand carries negative momentum into the week
The rand carried negative momentum into the new week as financial markets turned the attention to Wednesday’s FOMC decision, according to NKC Research. Trading volumes were also thinner as both Chinese and Australian markets were closed for holidays, which limited activity; even those market participants who were working in Asia were largely on hold before
Alexander Forbes sells its retail life business to Sanlam for R100m
ALEXANDER Forbes said yesterday it was selling its risk and retail life business, Alexander Forbes Life (AF Life), to Sanlam for R100 million as it reported a jump in assets under management during the year to the end of March. The group said the sale was subject to certain conditions, including regulatory conditions. Chief executive
Andries Delport steps in as as CEO of Dark Fibre Africa
Former Vodacom Group chief technology officer Andries Delport will replace Thinus Mulder as CEO of Dark Fibre Africa, Remgro-controlled DFA parent CIVH said on Monday. Mulder, DFA’s founding chief financial officer who has been with the business for the past 13 years, will leave the company at the end of September, CIVH and DFA said