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  • Jeff Bezos joins Project Prometheus as co-CEO
    Business

    Jeff Bezos joins Project Prometheus as co-CEO

    17/11/2025

    Jeff Bezos has assumed an operational leadership position as co-chief executive of Project Prometheus, an artificial intelligence venture focused on manufacturing applications across computing, automotive, and aerospace sectors. The startup has secured $6.2 billion in funding and represents the billionaire’s return to active business management following his departure from Amazon. The company operates with approximately…

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  • Netgear debuts Nighthawk 5G M7 Wi-Fi 7 hotspot
    Business

    Netgear debuts Nighthawk 5G M7 Wi-Fi 7 hotspot

    17/11/2025

    Netgear announced a portable hotspot supporting Wi-Fi 7 and fifth-generation cellular networks with throughput reaching 3.6 Gbps while accommodating 32 simultaneous device connections. The Nighthawk 5G M7 integrates an eSIM marketplace enabling data package purchases across more than 140 countries through a mobile application, with Gigs providing launch connectivity plans ranging from 3 GB to…

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  • AI demand drives global DRAM and NAND shortages
    Business

    AI demand drives global DRAM and NAND shortages

    17/11/2025

    Memory manufacturers are prioritizing high-margin AI data center orders over consumer products, creating supply shortages that have driven DRAM prices to double in many regions while forcing major PC brands to compete aggressively for available stock. According to DigiTimes, companies including Asus maintain approximately two months of inventory but anticipate significant pressure as AI infrastructure…

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  • Leak shows Intel Granite Rapids-WS specs emerging
    Business

    Leak shows Intel Granite Rapids-WS specs emerging

    17/11/2025

    Intel appears set to relaunch its high-end desktop workstation portfolio through Granite Rapids-WS processors, with leaked specifications revealing cache configurations ranging from 48 MB to 336 MB across multiple SKU variants. The flagship 698X model combines the largest cache pool with a 2.0 GHz all-core frequency, while the architecture utilizes paired XCC compute tiles manufactured…

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  • Valve’s new Steam Machine targets midrange PC gamers
    Business

    Valve’s new Steam Machine targets midrange PC gamers

    17/11/2025

    Valve’s new Steam Machine targets performance levels that exceed roughly 70 percent of gaming PCs currently active on its platform, according to hardware survey data showing many users operate older graphics cards and mid-range configurations. The compact system features a semi-custom AMD design pairing a six-core Zen 4 processor with 28 RDNA 3 compute units,…

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  • Econet pays $4.3bn in taxes as revenue climbs
    Business

    Econet pays $4.3bn in taxes as revenue climbs

    17/11/2025

    Econet Wireless Zimbabwe contributed over $4.3 billion in various taxes to government coffers during its first half, representing more than 31 percent of total revenues, according to company financial statements. The telecommunications provider received recognition from the Zimbabwe Revenue Authority for compliance excellence while posting inflation-adjusted revenues of $13.5 billion and profits reaching $2.9 billion….

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  • RBZ says ZiG reserves rise to US$980m
    Business

    RBZ says ZiG reserves rise to US$980m

    17/11/2025

    Zimbabwe’s central bank reported foreign currency reserves supporting the ZiG currency increased nearly 9 percent to reach $980 million, moving closer toward its target of $6 billion needed for transitioning to a single currency system. Reserve Bank of Zimbabwe director of Economic Research Nebson Mupunga stated the institution aims to achieve over $1 billion in…

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  • Natfoods invests US$8.6m in Bulawayo wheat mill
    Business

    Natfoods invests US$8.6m in Bulawayo wheat mill

    17/11/2025

    National Foods Holdings invested $8.6 million in a Bulawayo wheat milling facility that the company believes will enable Zimbabwe to satisfy domestic flour requirements. The consumer staples producer allocated $6.5 million for mill installation and $2.1 million for packaging and handling equipment at the plant, which Vice President Constantino Chiwenga recently inspected. The facility features…

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  • Dairibord targets expansion and efficiency for growth
    Business

    Dairibord targets expansion and efficiency for growth

    17/11/2025

    Dairibord Holdings reported a decline in profit after tax from $3.06 million to $1.2 million during its half-year period, though the Zimbabwean dairy producer plans to pursue expansion initiatives and operational efficiency improvements. The company processed 31.1 million liters of raw milk across nine months, representing 35 percent of national production, while cumulative revenue climbed…

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  • First Mutual Properties posts US$1.8m profit
    Business

    First Mutual Properties posts US$1.8m profit

    17/11/2025

    First Mutual Properties achieved a profit after tax of $1.8 million during the first nine months of its financial year, marking a dramatic turnaround from a $60.3 million loss recorded during the same period a year earlier. The Zimbabwean real estate company attributed its recovery to fair value gains of $1.4 million across its property…

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