Data is gold in our increasingly digitised world, just as the value of gold is only realised in the refinement process. Data needs to be refined to unlock its real value. Unrefined data can damage businesses, their competitiveness and ability to capitalise on opportunities. Good quality data, which is refined, can be leveraged to improve...
Month: <span>July 2024</span>
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Samsung Electronics unveiled its latest foldable smartphones
Samsung Electronics unveiled its latest foldable smartphones on Wednesday, making its priciest flagship model lighter and slimmer and bolstering AI functions as it challenges Apple’s dominance in the premium market. Samsung is also offering more sophisticated health monitoring functions to drive new demand for accessories such as its smartwatch, as well as a new ring for easy...
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TymeBank appoints Karl Westvig as new Chief Executive Officer (CEO)
The fastest growing banking institution, TymeBank has named Karl Westvig as its new chief executive officer. Westvig takeover from the current chief executive officer (CEO), Coenraad Jonker. According to the bank, Jonker will turn his full attention to his role as executive chairman of Tyme group, where he will drive the growth of the multi-country...
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MTN Cameroon partners with Canal+ to launch Streaming Service
MTN subscribers in Cameroon can now enjoy live television channels and on-demand video content on their mobile devices and tablets following a new partnership between MTN Cameroon and Canal+, a leading French direct broadcast satellite service provider. Through this exciting partnership, a wide range of Canal+ content, including films, series, documentaries, and live TV channels,...
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Report: Skydance CEO Ellison says new Paramount will become a Tech-media hybrid
Skydance Media CEO David Ellison sketched out a vision on Monday for Paramount Global as a technology-media hybrid company at a time Hollywood has been competing for attention with tech giants moving into the entertainment business. In an hour-long presentation to the financial community following the announcement of a merger agreement with Paramount, Ellison invoked Steve Jobs,...
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Billionaire Dr. Patrice Motsepe’s rags to riches story
Dr Patrice Tlhopane Motsepe has a net worth of $3.1 billion (R56,2 billion) and is one of the richest people in Africa. He has built an incredible business empire with assets in mining, the finance industry, telecommunications, and sports. His business success belies the fact that he had a humble upbringing without the luxuries many...
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Musk’s xAI and Oracle end talks on $10 billion server deal
Billionaire Elon Musk’s artificial intelligence startup xAI and tech giant Oracle have ended talks on a potential $10 billion server deal, the Information reported on Tuesday. The startup and Oracle have ended talks to expand an existing arrangement under which xAI has been renting Nvidia’s AI chips from the cloud provider, the report said, citing several people involved in...
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Amazon Prime Video secures Exclusive broadcast Rights for the Twenty20 Major League Cricket (MLC)
Amazon Prime Video has won the exclusive broadcast rights to the US-based Twenty20 Major League Cricket (MLC) competition in Australia and New Zealand for the 2024 season. This is the latest Australian cricket rights deal to be secured by Prime Video. All 25 games will be showcased on Amazon’s direct-to-consumer streaming service in the Southern...
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OPINION | How to use Mining to unlock Mauritania’s potential writes Malinne Blomberg
These are exciting times in Mauritania. This nation connecting West and North Africa is transforming its economy through mining, green hydrogen, and natural gas. During the campaign for presidential elections, held on June 29, President Ould Ghazouani announced he would scale up the mining industry if re-elected. Here is the African Development Bank’s take on...
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African Development Bank’s Dr. Adesina appoints Ambassador Jalel Trabelsi as Special Envoy for MENA and Gulf Region
The President of the African Development Bank Group Dr. Akinwumi Adesina has appointed career diplomat Ambassador Jalel Trabelsi as his Special Envoy for the Middle East and North Africa (MENA) and Gulf Region. Ambassador Trabelsi brings to the role over 30 years of experience as a highly accomplished and distinguished diplomat. As Special Envoy for...