Category archives for: Investing

Zimbabweans in SA weigh in on fatal protests

Zimbabwe Diaspora Development Chamber (ZDDC) Chairman, Mr Luke Dzipange Zunga

by SAVIOUS KWINIKA JOHANNESBURG, (CAJ News) – ZIMBABWEAN economists and political activists in South Africa have blamed controversial policies by the beleaguered government for the deadly protests ravaging their home country. This follows the deadly protests over Zimbabwe’s economic problems, which have been worsened by the steep increase in the price of fuel, as announced […]

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

Internet blocked

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 […]

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