New tariffs might backfire on US chip manufacturing goals. Companies like TSMC already face challenges when making chips in America due to higher costs, and these new trade rules make everything worse.
Under the tariffs, equipment for making chips will cost about 15% more. This pushes total production costs up 32% compared to making the same chips in Taiwan. Chipmakers will need to charge more for American-made products, defeating the purpose of bringing manufacturing back.
The situation creates an unexpected advantage for Intel. American tech companies might find Intel's US-made chips cheaper than importing from TSMC or using TSMC's American facilities. The problem remains that Intel lags in advanced chip technology.
Trump claimed...
Tech companies rushed to import computers before Trump's tariffs took effect, leading to the biggest shipping increase since the pandemic. Apple, Dell, HP, and others brought in huge numbers of devices, creating large tariff-free inventories, according to research firm Canalys.
Computer shipments jumped 9.4% in early 2025, reaching 62.7 million units, including desktops, laptops, and workstations. This surge happened because manufacturers wanted to avoid extra costs from new trade policies. They pushed suppliers to speed up production as companies tried to beat the deadline.
Consumers will likely face higher prices despite these efforts. Retailers say they cannot absorb the new taxes and must raise prices accordingly. Some industry...
Voters started heading to polling stations across Glen View South early today. All 43 voting locations opened their doors at 7 a.m. for the constituency's 31,519 registered voters.
Ward 31 election officer Pomerai Coffee reported that everything was running smoothly. "People are coming to cast their votes. There are no incidences of violence," he said.
ZANU PF candidate Tsitsi Tawomhera voted at Glen View 3 Primary School around 9:30 a.m. She expressed confidence about winning the seat, telling reporters her campaign worked hard throughout the area.
The special election became necessary after previous legislator Gladmore Hakata died. Tawomhera faces four opponents: independent candidates Tungamirai Madzokere, Toenderai Chakaredza...
New tariff guidance from U.S. Customs and Border Protection includes exemptions for smartphones and computers, bringing relief to worried tech markets. The documents show tariff codes 8517.13.00 and 8471 – assigned to smartphones and PC products – appear on the exemption list.
Market watchers notice these exemptions seem to apply regardless of country of origin, meaning even Chinese-made electronics might avoid the announced 145% tariffs. This development lets companies like Apple, Dell, and HP continue normal operations without major disruption. Equipment for making semiconductors also received exemptions under code 8486, benefiting chipmakers with U.S. facilities.
The Trump administration appears to recognize how steep tariffs on...
President Mnangagwa covered the first month's rent payments for all vendors at the newly renovated Mbare Musika Market. He made this announcement during his tour of the facility, during which he distributed stalls to market traders.
The upgraded marketplace features numerous amenities, including vendor spaces, banking services from CBZ and BancABC, a police station, modern bathrooms, and administrative offices. During the event, President Mnangagwa handed out Trader Lease Agreements and rental cards already loaded with funds to disadvantaged groups among the vendors.
These beneficiaries included young people, persons with disabilities, veterans, and other market sellers who received their initial month rent-free at the new facility...
President Mnangagwa recently highlighted how small businesses drive economic growth nationwide. He made these remarks when opening the Mbare Musika Traders Market Phase 1, a modern facility designed for small business operations. The new marketplace allows 1,628 traders to start working again after losing their previous stalls during last year's fire.
The president emphasized that small enterprises form a crucial part of the national economy through their GDP contributions. His administration views these businesses as essential for creating jobs, generating wealth, and enabling broad economic participation across society. During his trip to Uganda for the Africa Regional Forum on Sustainable Development as SADC Chairman, discussions...
Chelsea boss Sonia Bompastor wants her team to bring their A-game against Liverpool in the Adobe Women's FA Cup semifinal this Saturday. The winner of the match at Kingsmeadow will advance to next month's Wembley final.
The Blues started the season strong but recently stumbled, losing points to Brighton and West Ham. Bompastor emphasized that they must return to their high standards with a ruthless mentality. She pointed to their Champions League performance against Manchester City and the first half-hour against West Ham as examples of how they should play.
Liverpool comes into the match riding momentum after knocking out Arsenal in the previous round. Both teams have plenty of motivation with a prestigious Wembley final at stake...
Kenya's President William Ruto named Professor Isaac Muthure Macharia as the next Chancellor of Karatina University. The appointment starts right away, according to official documents dated April 11, 2025. Professor Macharia will hold the position for five years.
Professor Macharia currently heads the Equity Holdings Group, a role he took on in 2020 after David Ansell stepped down. He first joined Equity Bank Kenya's Board in 2015 before becoming its chairman two years later. His background includes teaching Ear, Nose, Throat, Head, and Neck Surgery at the University of Nairobi.
The professor has built an impressive medical career with leadership roles in global professional groups. He also works with the World Health Organization as...
Education head Julius Ogamba removed four people from the University of Nairobi leadership roles. He published this decision on April 11 in an official government announcement. The cabinet secretary used his legal powers under section 36 of university laws to make these changes effective immediately. The notice named Sally Toroitich, Ahmed Abdullahi, Dr. Parmain Narikae, and Carren Omwenga as those affected.
These former council members received new assignments at different schools across Kenya. Toroitich will move to the University of Embu in May 2026. Narikae takes a position with the University of Eldoret. Omwenga heads to the Karatina University council. Abdullahi has joined the leadership team at Mama Ngina University College...
