AI boom powers Intel’s Q3 growth

AI boom powers Intel’s Q3 growth

Lip-Bu Tan, CEO of Intel. Chipmaker Intel has reported a stronger-than-expected performance and key strategic milestones in its financial results for the third quarter of 2025. The company posted net revenue of $13.7 billion, a 3% increase compared to the same period last year. The Client Computing Group led growth with revenue rising 5% to…

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Africa: Cannabis Boom in South Africa and Zimbabwe Is Good for Wealthy Investors, Bad for Small Farmers

Africa: Cannabis Boom in South Africa and Zimbabwe Is Good for Wealthy Investors, Bad for Small Farmers

Cannabis is booming as an ingredient in everything from supplementary oils, inflammation-reducing skin creams, lip balms to health drinks and gummy sweets that promise to reduce anxiety and pain and promote relaxation. The global legal cannabis market is today worth about US$69.78 billion, and this will skyrocket to US$216.76 billion by 2033. Read more: More…

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Africa: Cannabis Boom in South Africa and Zimbabwe Is Good for Wealthy Investors, Bad for Small Farmers

Africa: Nigeria’s Building Boom Lifts Lafarge Africa’s Nine-Month Profit By 246 Percent

A wave of real estate development in the cities and urban centres of Africa’s most populous nation, where the government requires $6.25 billion in yearly investment to narrow a housing shortfall, is fuelling demand for building materials, particularly cement. Nigeria’s building boom, propelled by rapid urbanisation and infrastructure development, laid the groundwork for the 245.9…

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AI boom puts Africa at a crossroads

AI boom puts Africa at a crossroads

Last week, Prof Arthur Mutambara, director of the University of Johannesburg’s Institute for the Centre of Knowledge, launched his new book, Deploying Artificial Intelligence to Achieve the UN Sustainable Development Goals. The significance of AI was underscored by the diverse and engaged audience at the launch. In attendance were curious students, representatives from the Chinese…

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Online shopping boom in South Africa

Online shopping boom in South Africa

Online retail now makes up nearly 10% of total retail sales in South Africa, and World Wide Worx has forecast the figure will breach that mark for the first time ever in January 2026. Online retail sales as a proportion of total retail revenue grew to 8% in the 2024 calendar year and is on…

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Nvidia CEO says AI boom far from over

Nvidia CEO says AI boom far from over

Nvidia CEO Jensen Huang. Kent Nishimura/Reuters Nvidia CEO Jensen Huang on Wednesday dismissed concern about an end to a spending boom on artificial intelligence chips, projecting opportunities will expand into a multitrillion-dollar market over the next five years. Huang sought to reassure investors rattled by indications of slowing growth at the chip maker at the…

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eMedia banks on Openview as eVOD gears up for data boom

eMedia banks on Openview as eVOD gears up for data boom

eMedia CEO Khalik Sherrif eMedia Holdings, the owner of free-to-air broadcaster e.tv, news channel eNCA and the Openview satellite platform, has seen strong growth in its video-on-demand platform eVOD in the 2025 financial year. According to eMedia CEO Khalik Sherrif, the company’s decision to enter the streaming video entertainment market gradually has aided eVOD’s profitability…

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