Africa Tech-savvy Africans are hedging against inflation by going digital By Conrad Onyango, bird story agency The recent announcement by Opera MiniPay that it had signed up over one million users in Kenya, Nigeria, and Ghana just five months after its launch is the clearest indication yet of the rising popularity of decentralised finance, or DeFi tools, across the continent. “MiniPay makes it easier and more affordable for individuals across Africa to acquire, send and receive Mento […] todayFebruary 19, 2024 16
insert_link Business / Economics Morning Biz News 19 February 2024 :Economic Highlights: Developments and Challenges Across Africa In the ever-evolving landscape of African economies, recent developments and challenges have shaped the financial outlook for various nations. This article explores key updates from Puma Energy Namibia, South Africa's currency resilience, the African Development Bank's economic report, and the impact of U.S. economic indicators. Puma Energy Namibia's Pause on EV Charging Stations: Puma Energy Namibia recently announced the temporary suspension of its initiative to install electric vehicle (EV) […] todayFebruary 19, 2024 3
insert_link Africa Ghana’s new vehicle tax aims to tackle pollution – expert unpacks how it’ll work and suggests reforms By Theophilus Acheampong, University of Aberdeen Ghana has introduced an annual carbon levy on vehicles and industrial emissions. It’s only the third African country to introduce an explicit carbon tax, after South Africa and Mauritius. The tax is intended to address harm associated with vehicle emissions. But it has prompted a pushback from various citizens, civic and consumer groups. The Conversation Africa’s Godfred Akoto Boafo spoke […] todayFebruary 16, 2024 14
insert_link 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. todayFebruary 16, 2024 5
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 11
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 21 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 4
