Economy

Kaspersky software ban designed to stifle competition: Kremlin

The Kremlin said on Friday that a United States (US) decision to ban sales of Kaspersky's software was a typical move by Washington to stifle foreign competition with American products.

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Oil exploration boom in Namibia

Namibia has become an oil exploration hotspot after several discoveries in recent years along its coast.

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TikTok US ban inevitable without court order blocking law

TikTok and Chinese parent ByteDance on Thursday urged a US court to strike down a law they say will ban the popular short video app in the US on January 19, saying the US government refused to engage in any serious settlement talks after 2022.

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Rand slips, focus on President's cabinet appointments

South Africa's (SA) Rand edged lower early on Friday, as investor focus remained on President Cyril Ramaphosa's imminent cabinet appointments under a new unity government.

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Ghana, bondholders reach agreement in principle to restructure $13bn debt: Sources

Ghana has reached an agreement in principle with its bondholders for the restructuring of $13 billion worth of international debt, three sources told Reuters Thursday, on the heels of a deal finalised with official creditors earlier this month.

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‘Huawei has made huge strides, from operating systems to AI’

China's Huawei Technologies said on Friday it had made breakthroughs in fields from operating systems to artificial intelligence (AI), and that it had taken the company 10 years to do what the United States and Europe took 30 years to achieve.

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Navigating regulatory landscapes, Coatings Africa highlights compliance strategies

At the recent Coatings Africa conference, industry leaders gathered to underscore the critical nature of proactive compliance strategies in response to the ever-shifting regulatory environment.

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Oil prices set for second week of gains on signs of improving demand

Crude oil futures were little changed on Friday but on course to rise for a second week amid signs of improving demand and falling oil and fuel inventories in the United States (US), the world's biggest oil consumer.

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WhatsApp calls beat traditional call rates by 95% in SA

Jan Vermeulen, Editor at MyBroadband, has highlighted the significant cost advantage of using WhatsApp for voice calls over traditional cellular calls in South Africa.

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Nvidia’s staggering gains leave investors wondering whether to cash in or buy more

The huge rally in Nvidia Corp's shares has investors weighing whether to cash in, hold on for more gains or chase a stock that has tripled during the past year.

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