A motorcycle is seen near a building of the Taiwan Semiconductor Manufacturing Company (TSMC), which is a Taiwanese multinational semiconductor contract manufacturing and design company, in Hsinchu, Taiwan, on April 16, 2025. Daniel Ceng | Anadolu | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday reported a near 61% year-on-year rise in second-quarter profit, hitting…
Sub-Saharan Africans boosted their savings at the fastest pace in more than a decade, driven by the growing impact of mobile money accounts across the continent. The share of adults in sub-Saharan Africa who saved through formal channels surged by 12 percentage points to 35% in 2024, the second-highest regional rate after East Asia and…
Frans du Toit High School has received a fully equipped robotics and coding classroom, thanks to a partnership between Palabora Mining Company (PMC) and LH Marthinusen (LHM), which aims to boost digital skills education and development in Phalaborwa. Supplied image This initiative forms part of a broader socioeconomic development commitment by both organisations to uplift…
Nvidia CEO Jensen Huang. Gonzalo Fuentes/Reuters Nvidia CEO Jensen Huang will hold a media briefing in Beijing on 16 July, an official from the company said on Sunday, marking his second visit to the country after a trip in April where he stressed the importance of the Chinese market. Since 2022, the US government has…
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event on Wednesday, Sept. 25, 2024. Bloomberg | Bloomberg | Getty Images Meta shares hit a record high on Monday, underscoring investor interest in the company’s new AI superintelligence group. The company’s shares reached $747.90 during midday trading, topping Meta’s previous stock…
U.S. President Donald Trump speaks to the media at the White House in Washington D.C., U.S., June 27, 2025. Ken Cedeno | Reuters Something I rarely, if ever, say: What a wonderful Monday morning! On Friday stateside, the S&P 500 broke its previous record. Celebrations were shared with the Nasdaq Composite, which also hit a…
Netflix began its Africa operations in South Africa in 2016. When the US streaming giant announced it was setting up shop in Nigeria in 2020, many west African film-makers, writers, artists and media audiences were jubilant. Finally, west Africa’s creativity and brilliance would be formally recognised on the world stage. Netflix Naija’s purpose was to…
Cyber attacks are a danger to SA’s financial stability in a time of uncertainty. The South African Reserve Bank (SARB) has warned that cyber attacks are a systemic danger to the country’s financial stability at a time when the global economic situation is as uncertain as during COVID-19. According to the central bank, a cyber…
