Lenovo quarterly profit rises 64% despite 'challenging' industry

The world's biggest personal computer-maker, Lenovo, said first-quarter earnings rose 64% to $173m (£132m), beating market expectations.

The Chinese firm said its PC business had delivered "strong profits" despite a slowdown in the overall market.

However, revenue fell by 6% from a year earlier to $10.1bn in the three months to June.

Lenovo attributed that to the "challenging" environment and the decline in China's currency.

The Chinese firm has been aggressively cutting costs and investing in new growth areas such as cloud computing.

"Our PC business delivered strong profits and our smartphone business stabilised compared to last quarter," Lenovo chairman and CEO Yuanqing Yang said in a statement.

"Although the macro-economy and our industries remain challenging, causing a decline in our revenue, we significantly improved our profit year-on-year through innovative products and strong execution," he said.

Thompson wins women's 200m gold

Thompson, 24, clocked 21.78 seconds to beat Netherlands' world champion Dafne Schippers by 0.13sec and add the 200m title to the gold she won in the 100m.

USA's Tori Bowie took bronze in 22.15, while Great Britain's Dina Asher-Smith, 20, ran 22.31 to finish fifth.

"It is a very special and welcoming feeling for me. I think my light has shined," Thompson told BBC Sport.

"Watching Veronica Campbell-Brown, Shelly-Ann Fraser-Pryce and then putting my name there is an amazing feeling."

Campbell-Brown won the Olympic 200m title at Athens 2004 and retained it in Beijing 2008, while Fraser-Pryce took 100m gold at both Beijing and London 2012.

In all, Jamaica have won 10 of the past 11 Olympic golds in the 100m and 200m, with Usain Bolt a strong favourite to extend that record in Thursday's men's 200m final (02:30 BST, Friday).

Asher-Smith ran from lane two in her first Olympic final - posting her fastest time of the year but 0.24secs under her personal best.

"I am really happy, I think I still could have done a bit better but I can't be disappointed with that," she said.

"It is a learning curve and hopefully I'll have more world championships and Olympics to get it right."

It doesn’t feel nice to be called ugly: Muvhango actress

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JOHANNESBURG – Popular for her role as the Chief of Thathe’s first wife on SABC 2 soapie Muvhango, Maumela Mahuwa admitted that she hadn’t always been the confident and bubbly person she appeared to be on social media. 

DA, EFF marriage will not last': ANC

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DA coalition - supported by EFF - to take over from ANC

KZN: Opposition big 3 get ready to stand up to ANC

JOHANNESBURG – The ANC says that any agreement between the EFF and DA will not stand the test of time.

On Wednesday, the EFF and DA held separate media briefings where they announced their coalition government decisions.

The EFF said that it would not be part of any coalition but it would work to ensure that the ANC is removed from power.

Related: Broad DA-led coalition - supported by EFF - poised to take over from ANC

EFF leader Julius Malema announced that his party would snub the ANC and vote for other opposition parties in hung municipalities, particularly siding with the DA in the metropolitan municipalities of Johannesburg, Tshwane, Nelson Mandela Bay and Ekurhuleni.

But the ANC said that it was not bothered by the EFF and DA’s partnership as the wheels would soon come off.

“We don’t think their marriage will last,” said ANC spokesperson Zizi Kodwa.

“The EFF has no reason voting with the DA, it is closer to the ANC regarding policy than it is to the DA.”

Kodwa said that the ANC would be a formidable opposition in municipalities where they failed to get a majority.

“The ANC is at the moment hard at work in councils it has not won,” he said.

“It must be noted that the ANC will be a co-operative and fierce opponent where we have not gathered a majority vote.”

Malema had said the ANC failed to meet their conditions to form a coalition. One of those non-negotiable demands was the removal of President Jacob Zuma as head of state.

Related: The day the EFF punished the ANC

Nonetheless, Kodwa said that the ANC was a party focused on the collective.

“The people of South Africa voted for the ANC as a collective and not for individuals,” he said.

Kodwa was optimistic that the ANC would hang onto larger municipalities like Johannesburg, saying council meetings had been concluded yet.

The EFF singled out one agreement they needed to iron out with the DA if they were to govern in Johannesburg.

Malema said although he supports the DA's bid to run the city, he does not want the DA's mayoral candidate – Herman Mashaba – in that position.

“That guy is a problem, he has no idea of what we are dealing with,” Malema said of Mashaba.

“He thinks being a mayor is like buying shares in a company and becoming a chairman.”

Malema said Mashaba’s “anti-blackness’ was a problem for the EFF and he said he asked the DA to compromise if they were to get their full co-operation in Johannesburg.

“Where there is talks in terms of power sharing including getting support from others, you must be prepared to compromise,” he said.

“The DA is doing exactly what the ANC is doing, they are prepared to lose a metro because of an individual. The ANC was prepared to lose a metro because of an individual called Jacob Zuma.

“Those who have an ear of the DA must warn them that they must not lose a metro because of an individual.”

However, on Wednesday afternoon, Malema told Talk Radio 702 that if Mashaba was 

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