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Huawei overtakes Apple as the second-largest smartphone seller

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That 13.3 percent market share is up from the 9.8 percent market share that Huawei had in the second quarter of 2017, and Apple’s 11.9 percent market share is down from the 12.1 percent market share from last year — even if only slightly down.



Of course, it’s likely Apple will regain its spot in the third quarter, especially considering the fact that the company is expected to release as many as three iPhones in September. Still, that doesn’t take away from the fact that Apple is facing increased competition from Chinese manufacturers like Huawei, which is forcing Apple to rethink the iPhone and deliver new features in an effort to convince existing customers to upgrade to new models, and others to think about switching to the iPhone. According to Gartner, demand for the iPhone X, Apple’s flagship iPhone, has slowed down much earlier than previous new iPhone models.

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After Samsung, Huawei, and Apple, the likes of Xiaomi and Oppo take the fourth and fifth spots, respectively, further highlighting the competition that Apple and Samsung face from Chinese smartphone brands. Xiaomi, in particular, made notable growth. While the company sold around 21 million units in the second quarter of 2017, in 2018’s second quarter, it managed to increase that to almost 33 million units, snapping up 8.8 percent of the smartphone sales market share in the process.

It’s no surprise that Samsung held on to the top spot, but its sales did slow a little. While the company held 19.3 percent of the market share, that is down quite a bit from the 22.6 percent of the market share that it had in the second quarter of 2017.

Gartner also reported on the smartphone operating system market share. According to the report, Android extended its lead over iOS with 88 percent of the smartphone market share, up from 87.8 percent in the second quarter of 2017. iOS held 11.9 percent, while everything else went down from 0.1 percent to 0.0 percent, reflecting the dominance of the big two operating systems.

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Zimbabwe’s Airline, Kenya’s Bond to Be Sold

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Kenya Central Bank has said the country will in November sell 20-year amortised infrastructure bond worth 50 billion shillings ($489 million) just as Zimbabwe pushes to privatise airline.



The the bond which will have an 11.95 per cent coupon will have its proceeds used for road, water and energy projects, it said.

It added that it would accept bids for the bond from Monday to Tuesday and auction it on Wednesday. ($1 = 102.1500 Kenyan shillings).

Also Zimbabwe has invited bids for the state-owned airline.

President Emmerson Mnangagwa’s government is pushing ahead with a drive to privatise and end state funding to loss-making firms, Air Zimbabwe’s administrator said on Monday.

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Air Zimbabwe, which owes foreign and domestic creditors more than $300 million, was in October placed into administration to try and revive its fortunes.

The troubled airline is among dozens of state-owned firms, known locally as parastatals, that are set to be partially or fully privatised in the next nine months as the government seeks to cut its fiscal deficit seen at 11 per cent of GDP this year.

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Air Zimbabwe administrator Reggie Saruchera said in a notice published in media on Monday that potential investors should make their bids before November 23 after paying a non-refundable deposit of $20,000.

Saruchera did not indicate whether investors would be allowed to tender for partial or total shareholding in Air Zimbabwe. He was not immediately reachable for comment.

Only three of Air Zimbabwe’s planes are operational, with another three grounded, which has forced it to abandon international routes.(NAN).

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South Africa: Durban Business owners blames zero jobs on economy.

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Managers and owners at some retail stores in Durban have blamed the block to job creation on shrinking economy.

In a study of 20 stores, most of those surveyed said they would not employ more people even if the national minimum wage was scrapped or if labour laws were changed to make it easier to dismiss people.



The national minimum wage is R3500 per month or R20 per hour.

However, if businesses could increase their turnover, they would consider hiring more staff.

According to those surveyed, there is no money to hire additional staff.

“Educate people, build schools, train youth,” they said.

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To boost job creation, shop owners called on the government to invest more in small businesses, which would help them to employ more staff.

David Shapiro, an economist at Sasfin Securities, said people needed the dignity of having a job.

However, the unemployment rate is at 27.2% with an increasing number of people losing their jobs.

Shapiro agreed the government needed to do more to get the economy moving.

He pointed to government institutions as the key players in turning the economy around.

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“We need a government that serves the population instead of feeding off it.

“In order to grow our economy and create jobs, stable pillars are needed.

“Good institutions like schools and home affairs is where it starts,” he said.

Dawi Roodt attributed technology as a huge problem in the country, “the more we move to digital and technology, the more the need for manual labour diminishes”.

Roodt said the country did not have enough qualified and skilled workers, because of an education system that did not equip its people.

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