Category archives for: Finance & Banking

Huawei allocates $100 billion to research, development

Huawei Technologies founder Ren Zhengfei

by SAVIOUS KWINIKA JOHANNESBURG, (CAJ News) – TELECOMMUNICATIONS equipment and consumer electronics manufacturer, Huawei, will invest more than US$100 billion (about R1.4 billion) in research and development (R&D) over the next five years. Ren Zhengfei, Huawei founder, disclosed the investment during a media roundtable at the Huawei headquarters in Shenzhen, China. “Public companies, however, are […]

Zimbabwe hurts own economy with internet shutdown

Zimbabwe internet unblocked

by MTHULISI SIBANDA JOHANNESBURG, (CAJ News) – THE Zimbabwean government appears to have shot itself in the foot with the shutdown of the internet following violent protests. This comes amid estimations that the already dire economy was losing over US$5 million daily (about R68.6 million) due to the interruptions. A coalition of human rights organisations […]

French firm enlisted to halt SA cyber crooks

Wireless Application Service Providers’ Association of South Africa

by AKANI CHAUKE JOHANNESBURG, (CAJ News) – THE Wireless Application Service Providers’ Association of South Africa (WASPA) has enlisted the services of a global mobile security expert to fight cyber crime. France-headquartered Evina has been enlisted in the wake of fraudulent attacks on local mobile network operators and systems of mobile service providers in South […]

Zimbabwe faces fresh protests amid collapsing economy

Delta Beverages Zimbabwe

from DANAI MWARUMBA in Harare, Zimbabwe HARARE, (CAJ News) – ZIMBABWE is set for a new wave of public protests following a deepening economic crisis marked by closure of companies and skyrocketing prices of basic commodities, among them fuel. This past weekend, President Emmerson Mnangagwa announced a threefold increase in the price of fuel, a scarce commodity, to $3,11 a litre (R43,01) for diesel […]

Zimbabwe doctors end crippling strike

Zimbabwe doctors end strike

from DANAI MWARUMBA in Harare, Zimbabwe HARARE, (CAJ News) – ZIMBABWE’S ailing health sector has received some reprieve after junior doctors finally returned to work to end a month-long protest over salaries. The breakthrough follows lengthy negotiations with the Civil Service Commission (CSC) and National Joint Negotiating Council (NJNC). George Charamba, the presidential spokesman, said […]

Connect to CAJ News on Facebook

Subscribe to our Newsletter

Photo Gallery

Log in
All material © CAJ News Africa. Material may not be published or reproduced in any form without prior written permission.