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    Josia Shigwedha

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    Josia Shigwedha

Business / Economics

1656 Results / Page 165 of 184

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Business / Economics

U.S Retail sales slump in January

Retail sales declined by a more than expected 0.8 percent in the U.S. last month. That marks the biggest dip since last March and has fueled fears that consumer spending may be on the wane. Williams Denselow reports from New York.  

today16 February, 2024

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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 […]

today16 February, 2024

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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 […]

today16 February, 2024

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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 […]

today15 February, 2024

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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 […]

today15 February, 2024

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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 […]

today15 February, 2024