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Apple to release an M3-powered iMac in 2023
With Apple preparing to announce new laptops and desktops, Bloomberg's Mark Gurman predicts that the company will release an M3-powered iMac in 2023. The Cupertino-based tech company's latest iMac is nearing completion, and Apple is presently running production testing on the desktop Computer. “We also know that Apple has developed the next iMac on the
Nedbank predicts SA recession & lower growth in 2023
Nedbank believes South Africa has likely entered a recession and this is due to the rolling power cuts. The banking institution is among the country’s big-six banking groups, and it estimates that GDP in the final quarter of 2022 shrunk by 0.4%. Nedbank says this following intensified rolling power cuts weighing on productivity and a
University of Johannesburg says its electric buses are locally assembled
After purchasing electric buses, the University of Johannesburg says the vehicles are assembled locally. BusinessTech Africa recently posted that UJ purchased two battery electric buses to ferry students between its various campuses. The decision to roll out the buses follows a test period last year during which the university used a similar demonstration vehicle as
<a>MTN registers growth in Uganda as it boasts 17.2 million subscribers</a>
Mobile telecoms operator MTN has registered massive growth in Uganda as it is the fourth-biggest market of Africa's largest mobile operator. BusinessTech Africa has discovered that MTN Uganda has grown its profits by almost a fifth in its 2022 year, benefiting from a network rollout as well as strong demand for its data and fintech
Top 10 Business Tech Startups in Africa to Watch in 2023
As the technology startup scene in Africa continues to flourish, entrepreneurs are developing groundbreaking solutions to tackle the region's distinct obstacles. Looking towards 2023, numerous African startups warrant close attention, particularly those specializing in fintech, tech-enabled logistics, and innovative payment solutions. This article will showcase the top 10 African business tech startups to keep an
The Future of Business Tech in Africa: Trends and Insights
The business landscape in Africa is undergoing a rapid transformation with the integration of advanced technologies such as entrepreneurship, cryptocurrency, robotics, cybersecurity, artificial intelligence, and blockchain. These technologies are playing a critical role in shaping the future of entrepreneurship, enabling African entrepreneurs to operate their businesses with greater efficiency and effectiveness than ever before. Cryptocurrency
Human trials for Elon Musk's brain implant startup Neuralink, denied by the US regulator
According to Reuters, the US Food and Drug Administration (FDA) has denied Elon Musk's business Neuralink's proposal to undertake human trials using its medical implants in 2022. The rejection was revealed to the journal by seven current and former workers of the firm, which hopes to treat ailments such as paralysis and blindness using brain
Meta reduces the cost of VR headsets
According to a source familiar with the situation, Facebook parent Meta Platforms Inc. reduced the price of certain of its Quest virtual reality headsets, including its high-end mixed reality device, since demand was lower than expected. The Meta Quest Pro, the firm's headgear intended for business customers that was revealed last autumn, will cost $1,000
Nature reserves and nearly 600 schools benefit from Huawei's Tech4All project
During the 2023 Mobile World Congress in Barcelona, Huawei and many Tech4All partners highlighted the most recent findings and practises on the digital inclusion and sustainability campaign. Since its inception in 2019, the Tech4All initiative has benefitted over 600 schools throughout the world, as well as over 220,000 K12 teachers and students in rural regions.
Huawei partners with Botswana’s Debswana & announce 5G-inspired project
Chinese technology company Huawei has joined forces with Botswana’s Debswana Diamond Company and announced the first 5G-inspired smart diamond mine project. The partnership was announced at the 2023 Mobile World Congress in Barcelona, Spain. The diamond mining company uses the Huawei-enabled system at its Jwaneng open-pit diamond mine as it began in December 2021. It
IDC seeking new CEO as Tshokolo Nchocho is set to step down
The Industrial Development Corporation is searching for a new CEO following the expected departure of Tshokolo Nchocho. The hunt comes after the state-owned development finance institution announced that Nchocho is set to step down as CEO and executive director on December 31, 2023. In a statement to the media, the IDC said Nchocho joined the
SAB promises that a very small number of jobs will be lost in South Africa
The South African Breweries has announced that it is planning to implement retrenchments and it’s reported that could affect 40 jobs. SAB is the local unit of global brewing giant Anheuser-Busch InBev (AB InBev) and has embarked on a retrenchment process at its local operations that could affect some 40 jobs. A local news website
MTN registers massive growth in Rwanda in the midst of MoMo boost
Information coming through to BusinessTech Africa is that Africa’s largest mobile telecoms operator, MTN, has reported growth in Rwanda. Dubbed the continent’s largest mobile operator has registered growth in its ninth-biggest market by subscribers. The growth is recorded as more than a fifth for its year to end-December amid strong demand for its Mobile Money
<br><strong>Dr Naledi Pandor, Ellen Johnson Sirleaf, Elsa Majimbo, Aya Chebbi and Nomcebo Zikode join #LWS2023 speaker line-up</strong>
More than 50 speakers will share ground-breaking ideas on this year's subject, Women 3.0: The Icons and Ideas Transforming Africa, at what is shaping up to be the largest FORBES WOMAN AFRICA Leading Women Summit yet. The 8th FORBES WOMAN AFRICA Leading Women Summit will be held on March 8, 2023 (International Women's Day) at
<strong>FNB delivers excellent interim results, boosted by customer, transactional and deposit growth</strong>
FNB, recently named the World's Strongest Banking Brand by the Brand Finance Banking 500 2023 report*, has achieved strong interim results for the six months ending December 31, 2022. Solid client, transactional, and deposit growth drove the bank's results. The outcomes are the consequence of recent investments to modernise FNB's brand and digital interfaces, as
Summer season boosts Western Cape province and creates 167 000 jobs
The recent summer season has helped to boost tourism and the economy in Western Cape and that is the announcement from the city’s official. Dubbed the “cooking” summer holiday season in South Africa’s Western Cape province in its entirety, the season spurred a surge in hiring. The coastal region created 167 000 jobs in the
South African Post Office closes 92 branches, affecting social grant payments
Just weeks after the national budget speech regarding social grants, the South African Post Office has closed 92 branches. It is reported that some of the branches are closed because 50 of them owe rent to landlords and that is a blow to social grant beneficiaries. This was according to the opposition party, the Democratic
Black Label Beer and Brutal Fruit do well for AB InBev as they record SA volumes
South African Breweries has announced its total full-year volumes for its parent, Anheuser-Busch InBev (AB InBev), after beer market share moved ahead of pre-pandemic levels. SAB is the local unit of global brewing giant AB InBev and announced on Thursday that focused commercial investment helped drive its performance. Fin24 has it that consistency in executing
MultiChoice reach agreement to sell Showmax to NBC Universal owners, Comcast
MultiChoice has announced a new partnership with Comcast, and the deal will see the owner of NBC Universal and Sky take a 30% stake in its streaming platform Showmax. As the owner of DStv, MultiChoice said a new version of Showmax with US technology and a plethora of new content will be launched very soon.
Businesses may now purchase ChatGPT integration from OpenAI
As it pursues commercial applications for the immensely popular chatbot, OpenAI is making its ChatGPT tool accessible for enterprises to include into their own apps. ChatGPT was released to the public in November, and the firm is now selling paid access to organisations and developers that want to leverage the software's capacity to answer queries