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New Green Technology Generates Electricity ‘Out Of Thin Air’

New Green Technology Generates Electricity ‘Out Of Thin Air’

Breaking News, Gizmos, What's Hot
Scientists at the University of Massachusetts Amherst have developed a device that uses a natural protein to create electricity from moisture in the air, a new technology they say could have significant implications for the future of renewable energy, climate change and in the future of medicine. As reported in Nature, the laboratories of electrical engineer Jun Yao and microbiologist Derek Lovley at UMass Amherst have created a device they call an “Air-gen.” or air-powered generator, with electrically conductive protein nanowires produced by the microbe Geobacter. The Air-gen connects electrodes to the protein nanowires in such a way that electrical current is generated from the water vapor naturally present in the atmosphere. “We are literally making electricity out of thin air,” s
Coronavirus impact on tech industry predicted in new report

Coronavirus impact on tech industry predicted in new report

Breaking News
Supply-chain analytics provider TrendForce has issued a report assessing the likely impact of the 2019-nCoV outbreak on tech manufacturing. The coronavirus has already caused major disruption throughout the tech industry, with huge trade shows cancelled and companies like Apple expecting to miss their forecasts. The report breaks its assessments down into individual components as well as product categories to provide a broad overview of the industry. It could also give some indication of what’s in store for individual companies like Apple. It’s worth reading the whole thing, but here are a few takeaways: Smartphone production is projected to decline 12 percent year-on-year this quarter, which would make it the lowest quarter in five years. The supply chain is labor-intensive, so is b

US$-RTGS court ruling challenged

Breaking News, FinTech, News
NR Barber, a mining firm, is seeking the Constitutional Court (Concourt)’s permission to challenge last month’s Supreme Court ruling which converted United States dollar debts to the Zimdollar at a rate of 1:1 in line with Statutory Instrument 33 of 2019. The company is basing its challenge on its submission that the Statutory Instrument was unconstitutional and that it should have been declared so at the appeal hearing which overturned a previous High Court ruling that debts in US dollars retained their value in that currency. The firm lost its case last month after Zambezi Gas Private Limited, a mining services provider, successfully appealed to overturn the earlier ruling by the High Court, which was in favour of NR Barber. The Supreme Court found that the statutory instrument
Zim trade deficit hits record low

Zim trade deficit hits record low

Breaking News
Zimbabwe recorded its narrowest trade deficit in nine years as shortage of foreign currency as well as import controls reduced the country’s import bill to U$4,8 billion in 2019 from US$6,9 billion in 2018. Exports declined last year for the first time since 2015, dropping 2,2 percent, according to figures released this week by Zimstats. But imports fell more sharply, decreasing 30,4 percent. That combination shrank the overall trade deficit by 80 percent, to $548,2 million. The Zimbabwe economy has run trade deficits for years and months but the last 3 months of 2019 saw net exports being recorded helping in narrowing the overall trade outturn to its lowest deficit in nine years. The trade outturn comes at a time the country has been struggling to contain its import bill that has

Portnex operations under threat

Breaking News
Operational challenges at Kwekwe-based ferrochrome producer, Portnex Private Limited, are threatening the future of the company with the firm yet to begin production since the beginning of the year. The firm, which produces ferrochrome using the Zimasco Western Plant on a five-year lease agreement, has since failed to start production since the beginning of the year owing to a number of challenges, chief among them prolonged load — shedding at the plant. Unconfirmed reports also have it that the company is believed to be swimming in debt, a situation that has resulted in the power utility, ZESA switching off the plant. As a result, the company has since reportedly retrenched some employees as a cost cutting measure. Since breaking for the festive holidays in December 2019, th

Does Zimplats need a rethink on palladium?

Breaking News
Last month palladium hit an all-time record price of US$2556,95 per ounce, higher than the platinum price at below US$1000 an ounce, and gold at just over US$1500 an ounce. The irony of it is that palladium was long considered as only one of the Platinum Group Metals (PGMs). The metal’s skyrocketing prices have raised questions over substituting it for platinum. Palladium has various uses, including in ceramic capacitators found in mobile phones and laptops, dental fillings as well as white gold jewellery. But 80 percent of palladium produced is used in the manufacture of catalytic converters for petrol cars, which perhaps points to its growing demand. Zimbabwe Platinum Holdings (Zimplats)’s fourth quarter production numbers — albeit in the red — show that palladium productio
Qatar Airways to buy Rwandair stake to gain African foothold

Qatar Airways to buy Rwandair stake to gain African foothold

Breaking News
Qatar Airways plans to purchase a 49% stake in Rwanda's national carrier, stepping up its presence in the market weeks after taking a majority holding in the African country's new airport. The Gulf airline is investing in Rwandair after identifying Africa as a market with significant potential, Akbar Al Baker, its chief executive officer, said in a briefing at the CAPA Qatar Aviation conference on Wednesday. The holding being negotiated will be its first in the continent after a string of deals elsewhere. Qatar Airways agreed in December to acquire a 60% stake in Rwanda's new Bugesera International Airport, located south of the capital Kigali, where an existing hub is at full capacity. As part of the deal, the Gulf carrier will help build and run the $1.3 billion facility. "It will b...
Zimra recovers $80 million

Zimra recovers $80 million

Breaking News
National revenue collector, the Zimbabwe Revenue Authority (Zimra), intensified war against graft and other forms of crime resulting in the recovery of $80 million during the fourth quarter to December 31, 2019, a senior official has revealed. This contributed significantly to the authority’s revenue collected for the quarter that stood at 651 percent ahead of the same quarter in the prior year. In a performance report for the quarter under review, vice board chairperson Josephine Matambo, also indicated that over $150 million was identified for recoveries during year 2019 under the anti-corruption initiatives and other efforts to curb leakages. Zimra’s loss control team, police and the Zimbabwe Anti-Corruption Commission and other law enforcing agencies, have been on special operati

Investment opportunities charm Indian business delegation

Breaking News
ZIMBABWE has a lot of potential to attract foreign direct investment from all over the world despite the economic challenges the country is facing at the moment. This was said yesterday by an Indian business delegation that is in the country to explore investment opportunities. In an interview, officials from a global information communication technology firm, Sybyl said despite the economic challenges that the country is facing, it can still attract investors in different sectors. “What we have seen so far is wonderful and I firmly believe there is every reason for businesses to come and establish themselves here. Foreign investors can provide technology right through to the grassroot level,” said Sybyl general manager responsible for banking solutions Mr Tejaswi Tanjore. The Gove

Traditional Food And Beverages Expo 2020 Around The Corner

Breaking News
Amagugu Heritage has reminded that the Traditional Food and Beverages Expo 2020 is fast approaching and those who would want to partake in the event have to buy tickets in time. Amagugu Heritage held the inaugural Traditional and Beverages Expo in 2016 “in a bid to raise citizen awareness on the inherent nutritional value of traditional food and beverages” and this year’s expo is the fourth edition. Speaking on this year’s edition of the annual Traditional Food and Beverages Expo, the Heritage said on Twitter: Hello mahlabezulu! We counting down to Amagugu Food Expo 2020, the best traditional food and beverages expo in town. Book your tickets today and let the expo take your breath away. Organisers of the annual Amagugu Food and Beverage Expo have been encouraging local farmers to