The future of IT & AI

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 In the not-so-distant future, the world of IT will have undergone a seismic shift. Gone were the days of traditional employment, where companies hires full-time employees to fill specific roles. Instead, the gig economy had taken over, and IT professionals will be embracing the freedom and flexibility that cames with freelancing. Companies had caught on to the benefits of project-based hiring, where they could tap into a global talent pool and scale up or down as needed. Job postings  floated online, and skilled freelancers would bid on projects that matches their expertise. Seasoned IT professionals, making the transition to freelancing in these  years, builds reputations on these  platforms like Toptal and Upwork, and their calendars will always be filled with exciting projects. Skilled  IT engineers helps big compernies to launch their new products. Their projects, some  complex, with tight deadlines, and the clients willing to pay top dollar for the ri...

Crocodile-skin supplier to list on new Zim bourse

 03 Jul

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(iStock)
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Padenga Holdings, one of the world’s largest suppliers of crocodile skins for luxury bags and shoes, received shareholder approval to list on Zimbabwe’s new bourse, which trades exclusively in US dollars.

The Harare-based group will list on the Victoria Falls Exchange, or VFEX, on July 9 after delisting from the main bourse in the capital, Chief Financial Officer Oliver Kamundimu said Friday by phone.

Padenga, which counts top international brands among its customers, will be the new exchange’s second listing. The VFEX, set up in October to attract global capital, offers incentives such as tax breaks and the ability to repatriate funds from a country where foreign-exchange is in short supply.

“We see this as an early step to enhancing the attractiveness of the VFEX by adding a quality, hard-currency-generating asset for investors to consider,” said Lloyd Mlotshwa, the head of research at the Harare-based IH Securities.

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