insert_link Africa Ghana’s finance ministry asks President not to sign anti-LGBTQ+ bill Ghana's finance ministry has advised against the President's approval of a recent anti-LGBT bill passed by parliament, cautioning potential repercussions including the loss of $3.8bn in World Bank funding over five to six years. The bill, if signed, imposes jail terms for identifying as or promoting LGBT+ activities, sparking opposition from rights activist Linda Baumann. In a highly unusual move, the warning from the finance ministry was leaked to several […] todayMarch 5, 2024 26
insert_link Business / Economics Bitcoin Rallies on Hopes of Renewed Interest Among Mainstream Investors On March 4, the price of Bitcoin broke $65,000, bringing it closer to returning to an all-time high reached in November 2021. NBC reports that the latest rally has been driven by hopes that the launch of bitcoin exchange-traded funds will expand bitcoin's pool of buyers. todayMarch 5, 2024 3
insert_link Business / Economics Nedbank delivers a strong financial performance to meet all 2023 targets, laying solid foundation to deliver on medium-term goals. Nedbank Group delivered a strong financial performance for the 12 months to 31 December 2023 compared with the 12-month prior period as headline earnings (HE) increased 11% to R15,7bn. In a difficult economic environment, this growth in HE was enabled by a strong operational performance as preprovisioning operating profit increased by 15%, underpinned by 12% revenue growth including associate income and prudent expense management, partially offset by a 30% increase […] todayMarch 5, 2024 8
insert_link Business / Economics 5 March 2024 Morning Biz News: Recent Developments in Finance and Business: Avo SuperShop, Canal+’s MultiChoice Bid, Global Market Updates In the dynamic landscape of finance and business, recent announcements and developments have caught the attention of investors and consumers alike. From the successful growth of Nedbank Namibia's Avo SuperShop to Canal+'s strategic move towards acquiring MultiChoice, and the latest updates in global markets, these events reflect the ever-evolving nature of the economic world. Nedbank Namibia's Avo SuperShop Flourishes: Nedbank Namibia proudly announces the remarkable expansion of its Avo SuperShop, […] todayMarch 5, 2024 9
insert_link Africa Nigeria fines cryptocurrency trading company Nigeria has slammed a 10 billion dollar fine on cryptocurrency trading firm, Binance. It says the firm manipulated foreign exchange rates through currency speculation and rate fixing. Tesem Akende reports. todayMarch 4, 2024 36
insert_link Business / Economics Budget 2024-2025 Review: Building Resilience for Growth and Diversification By Josef Kefas Sheehama A number of controllable reforms must be implemented in addition to the macroeconomic framework. Prudent and credible monetary and fiscal policy, a sound financial system, and adherence to the law are the cornerstones of economic growth. To do this, bold measures must be taken to boost confidence, encourage investment and the creation of jobs, lessen economic inequality, and remove regulatory obstacles. First and foremost, I would […] todayMarch 4, 2024 11
insert_link Business / Economics 04 March 2024 Morning Biz News: Financial Highlights: Schwenk Zement, Rand Stability, CBN Forex Crackdown, and Oil Price Surge 1. Schwenk Zement International Terminates Purchase Agreement In a recent development, Schwenk Zement International GmbH has officially terminated its purchase agreement with RWCo GmbH concerning shares in Schwenk Namibia (Pty) Ltd. The stumbling block cited by RWCo is the Namibian Competition Commission conditions linked to the deal's approval. RWCo argues that these conditions lack a legal basis under Namibian competition law. The termination brings an end to what was expected […] todayMarch 4, 2024 12
insert_link Business / Economics Looking for your ‘calling’? What people get wrong when chasing meaningful work Searching for your ‘calling’ can be a source of joy – but also stress and distraction. Tom Werner/Stone via Getty Images Garrett Potts, University of South Florida As a professor, I’m fortunate to teach a course called World Religions for Healthcare Professionals that prepares students for the spiritual and ethical issues they may encounter in their careers. But the class often boils down to life’s big questions: What makes life […] todayMarch 3, 2024 7
insert_link Business / Economics IJG Ghost Biz – 29 February 2024 Gary and The Ghost talk about Motus, Sasol, Libstar, and City Lodge. https://iono.fm/e/1410665 todayMarch 1, 2024 25