adminEU rolls out new Chips Act amid US meddling in the global supply chains
Amid the US’ hegemonic meddling in the global supply chain, the EU on Tuesday announced a 43 billion euro (US$47 billion) provisional deal for its semiconductor industry, aiming to strengthen its chips sector and secure its resilience.
China building 24 nuclear power units
BEIJING. – Construction is in progress on 24 nuclear power units in China, with a total installed capacity of about 26,81 million kilowatts (kW), ranking the first in the world, an industry report showed on Wednesday.
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- businessweekly
- April 28, 2023
- 106 views
Why AI is not going to change the world too much
LLMs (large language models) – natural language processing computer programs that use artificial neural networks to generate text and source code – have come onto the scene and shaken up…
Moza okays restart of US$20bn LNG project
Mozambique President Filipe Nyusi has said it is safe to restart the Cabo Delgado liquefied natural gas (LNG) project that was halted in April 2021 after rebel attacks on civilians.
- businessweekly
- April 28, 2023
- 155 views
New Toyota urban cruiser
Johannesburg – The highly-anticipated new Toyota Urban Cruiser is set to launch in South Africa in the coming week, and we now know how much it costs. Toyota SA has…
Pele enters dictionary
LONDON. — Pelé, the nickname of the late football legend, has officially become synonymous with “exceptional, incomparable, unique”. The Portuguese-language Michaelis dictionary, one of the most popular in Brazil, added…
- businessweekly
- April 28, 2023
- 93 views
The younger you want to retire, the bigger the challenges
For as long as I can remember, it was my intention to retire at 55. This was a common trend among my friends and family and, even today when consulting…
Era-defining talk show host Jerry Springer dies
CHICAGO. — Jerry Springer, best known for hosting his raucous TV talk shows, died yesterday aged 79. For 27 years, from 1991 to 2018, the star presented “The Jerry Springer…
- businessweekly
- April 28, 2023
- 84 views
Debt dangers in Africa
What’s behind the spike in debt servicing repayments? For most countries experiencing new highs in debt servicing costs, it is not so much a spike, but rather a gradual increase…
- businessweekly
- April 28, 2023
- 90 views
International trade fair business prospects
Dr Keen Mhlanga The Zimbabwe International Trade Fair Company (ZITF Company), the country’s leading international exhibition organizer with the goal of becoming Africa’s first choice in offering innovative opportunities for…