insert_link Business / Economics South Africa has spent billions in 4 years to create jobs for young people: how their wages affect the broader economy By Joshua Budlender, UMass Amherst and Ihsaan Bassier, London School of Economics and Political Science In October 2020 the South African government launched a collection of public employment programmes, initially intended as a response to the COVID-19 pandemic. The initiative, called the Presidential Employment Stimulus, has been extended since then. The total budget allocation to March 2024 was R42 billion (US$2.1 billion). By December 2023 it had […] todayFebruary 16, 2024 3
insert_link Business / Economics IJG Ghost Biz – 15 February 2024 Gary and The Ghost speak about Santam, Transaction Capital's proposed unbundling of WeBuyCars, Cashbuild, Anglo American, and Naspers. https://iono.fm/e/1406017 todayFebruary 16, 2024 13
insert_link Business / Economics The Alexforbes Lead Story – 15 February 2024 David finds out more about the African Leadership Institute from co-founder Dr. Chrisna von Gericke-Fourie. https://iono.fm/e/1405983 todayFebruary 16, 2024 13
insert_link 3 Business / Economics Oxford Economics Africa Economist Explores Key Drivers Influencing Namibia’s Inflation Economist Theo Klein from Oxford Economics Africa in South Africa examines the impact of specific macro and microeconomic factors on Namibia's inflation rate. Delving into the intricacies of these influences, Klein sheds light on the dynamics shaping the country's inflation landscape. todayFebruary 16, 2024 29 3
insert_link Business / Economics Financial Highlights: Dundee Precious Metals, Currency Movements, Inflation Concerns, and Oil Price Uncertainty February Morning Biz News: In the dynamic world of finance, recent developments have brought forth significant changes, impacting various sectors. Let's delve into some key updates affecting Dundee Precious Metals Inc., currency movements, inflation concerns in Nigeria, and the uncertainty surrounding oil prices. 1. Dundee Precious Metals Announces Potential Sale of Tsumeb Smelter Dundee Precious Metals Inc. has made a strategic decision to explore the potential sale of its Tsumeb smelter, citing a […] todayFebruary 16, 2024 5
insert_link Business / Economics The rise of robo-retail: Who gets left behind when retail is automated? By Mathew Iantorno, University of Toronto Canada’s first robotic cafe, RC Coffee, opened in Toronto in October 2020. The flagship location of the coffee chain revived the long-dormant retail concept of the automat: a restaurant where food and drinks are served by technology, rather than human staff. The new coffee automat consisted of a touchscreen for placing orders, a window that allows customers to watch a […] todayFebruary 15, 2024 22
insert_link Africa From Dreaming to Drawing: Omotunde Akiode’s Journey from Screenwriter to Acclaimed Animator By Gbemisola Esho, via bird story agency Omotunde Akiode sits at her workstation in Lagos, appearing to doodle. To the occasional visitor, this may look like play but the result of the creative session will be a very real cartoon character, possibly for an acclaimed African cartoon series -- like Supa4. “I grew up watching Sesame Street, the Muppet show animations on television. I saw the […] todayFebruary 15, 2024 21
insert_link Africa Nigerian E-payments eclipse South Africa’s 2022 GDP, in latest surge When the Nigerian Central Bank introduced newly designed currency notes in November 2022 and a month later put a cap on the maximum amount of hard cash that individuals and corporations could withdraw, the idea was to tame money laundering in the country. During that year’s Christmas festive season and in the run-up to the 2023 Nigerian presidential election in February 2023 –– two high spending seasons –– the country […] todayFebruary 15, 2024 11
insert_link Business / Economics Inceptus energy secures financing for UNAM solar project Inceptus Energy, a public-private partnership between Alensy Energy Solutions (Alensy) and Inceptus Holding (Inceptus), the business arm of the University of Namibia (UNAM), is pleased to announce the successful financial close with the Development Bank of Namibia (DBN) and Old Mutual Namibia for a groundbreaking solar project at UNAM. This partnership marks a significant milestone in advancing sustainable energy utilization in Namibia, with the project boasting an installed […] todayFebruary 15, 2024 30