Africa: How Modern Oil Refining Is Driving Economic Growth in Africa

Africa: How Modern Oil Refining Is Driving Economic Growth in Africa

The emergence of world-class refining capacity in Nigeria led by the Dangote Petroleum Refinery represents more than an achievement in energy. It signals the possibilities of an economy increasingly defined by value addition, industrial capability, and productive investment, writes Peter Uzoho For decades, conversations about Africa’s energy future have been dominated by a familiar question:…

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Indonesia’s growth ambitions questioned by economists

Indonesia’s growth ambitions questioned by economists

Presidential candidate Prabowo Subianto, waves to photographers as he leaves after attending a dialog held by country’s anti-graft agency Corruption Eradication Commission (KPK) at its headquarters in Jakarta, Indonesia, January 17, 2024. Willy Kurniawan | Reuters Indonesia may have trouble meeting its economic-growth goals for the coming year, after spending 2026 on the defensive amid…

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Africa: U.S. Launches ‘IP for Growth’ Programme to Boost Africa’s Creative Economy

Africa: U.S. Launches ‘IP for Growth’ Programme to Boost Africa’s Creative Economy

THE United States (US) government has launched a year-long “IP for Growth” (Intellectual Property for Growth) programme aimed at helping African creators, particularly those in the music industry, turn creativity into economic growth through stronger intellectual property (IP) protection. Speaking during a digital press briefing hosted by the US Department of State’s Africa Regional Media…

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At Walmart, billions in tariff refunds soften the blow from slower sales growth

At Walmart, billions in tariff refunds soften the blow from slower sales growth

Walmart says it has received nearly $3 billion in tariff refunds — and used some of that windfall to cut prices for consumers strained by inflation. The refunds helped boost Walmart’s profit, according to the company’s quarterly earnings report Thursday. “Customers tell us they’re still feeling some pressure,” Walmart CEO John Furner said. “Having the…

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ITWeb TV: The growth of AI at the edge

ITWeb TV: The growth of AI at the edge

The AI boom is squeezing the global supply of RAM and silicon, pushing up prices and disrupting what actually lands on South African shelves. At the same time, print revenue has been sliding year after year — and HP still calls print part of the edge computing ecosystem. Adrian Hinchcliffe puts both to Yesh Surjoodeen,…

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Why communications has become the next growth opportunity for resellers and ISPs

Why communications has become the next growth opportunity for resellers and ISPs

For many technology businesses, growth no longer comes from selling more of the same products. Customers expect complete solutions, trusted advice and long-term partnerships. This shift presents an opportunity for internet service providers (ISPs), managed service providers (MSPs), IT companies and technology resellers to expand their value proposition through cloud communications. Across South Africa, the…

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Sixty60 now drives more than a third of Shoprite’s growth

Sixty60 now drives more than a third of Shoprite’s growth

Shoprite’s Neil Schreuder Sixty60 grew sales 34.5% to R25.5-billion in the year to 28 June, according to a voluntary operational update Shoprite Holdings published on Wednesday morning – and on TechCentral’s calculations the delivery platform accounted for more than a third of everything the group grew. Shoprite added R18.1-billion in merchandise sales from continuing operations…

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