US-based MDIF exits Mail & Guardian, sells to local shareholders

Source: © Facebook Facebook The Media Development Investment Fund (MDIF) has exited South Africa’s Mail & Guardian The New York-based not-for-profit investment fund sold its majority shareholding in M&G to minority shareholder and former CEO Hoosain Karjieker and director Thembisa Fakude. Harlan Mandel, MDIF CEO says that although they are sad to be exiting such…

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UK ad spend surpasses £10bn in Q2 2024, driven by digital boom

Source: www.unsplash.com This was just over four percentage points (pp) ahead of forecast owing to stronger-than-expected digital growth and the relatively weak comparable results for 2023. The latest figures now provide a picture for the first half of the year, showing adspend increased 13.5% to £19.6bn in H1. AA/Warc has upgraded its forecasts for 2024,…

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Gems jet off to UK

ZIMBABWE senior women’s netball team yesterday left Harare for Scotland, where they will participate in a high-level Celtic Cup in Glasgow ZIMBABWE senior women’s netball team yesterday left Harare for Scotland, where they will participate in a high-level Celtic Cup in Glasgow as they begin their preparations for the 2027 World Cup.  Led by captain…

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Zim shines at international youth chess championships

This follows the recent success of the Zimbabwe Chess national teams at the 45th Chess Olympiad in Hungary last month. ZIMBABWE chess players impressed after winning six gold medals, four silver and two bronze at the Botswana International Youths and Cadets Chess Championships which took place in Botswana last week. This follows the recent success…

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Zim in second place at All Africa Golf Team Championship

TEAM ZIMBABWE FROM LEFT: Keegan Shutt, Vincent Chidambazina, captain Michael Wallace, Kelvin Muchenje and coach Simon Murungweni   ZIMBABWE captain Michael Wallace and Keegan Shutt put up a brilliant show on the second day of the All Africa Golf Team Championship after shooting 69 to help the country move into second place at Bulawayo Golf…

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Media24 starts transition to a fully digital media company

Source: © Netwerk24 Netwerk24 Media24 is initiating the next phase of fully transitioning its news operations for an overwhelmingly digital media landscape The transaction with Novus Holdings will be implemented today, 31 October. EXCLUSIVE: Razor PR’s Kalay Maistry: Why the crisis in South African media should concern PR Pros 23 Sep 2024 Final print dates The final…

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AI in action: How creative industries are evolving with new roles and job titles

Source: www.unsplash.com A shift These findings, revealed in The Communicator Awards Scope of Work report, underscore a shift towards more specialised roles designed to integrate AI into everyday operations. New positions like AI manager, AI prompt writer, AI creative director, AI integration specialist, and unreal engine artist are emerging as essential in reshaping creative processes…

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High Court dismisses stands fraudsters appeal

The magistrate removed two years of their sentence. THE High Court judges of appeal have dismissed an application against conviction and sentence by two former employees of Delatfin, who allegedly defrauded their employer stands valued at US$3 million. High Court judge Justices Happius Zhou and Neville Wamambo dismissed Jacob Muyambo and Saymore Mutakura’s appeal against…

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Weak currency key to economic growth: Mthuli

Finance, Economic Development and Investment Promotion minister Mthuli Ncube (right) and EU Ambassador to Zimbabwe Jobst von Kirchmann pose for a photo during the signing on ceremony of the financing agreements for the 2024 annual action plans between the Government of Zimbabwe and European Union in Harare FINANCE, Economic Development and Investment Promotion minister Mthuli…

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