Category: Business
Miles vd Molen of CemAir, SA’s #3, shares insight on BP divesting, pricing tips and managing during turbulence
In the past four years, 21-year-old independent airline CemAir has trebled in size to now sit snugly in SA’s number three spot behind Safair and Airlink – a position that is comfortable for founder and CEO Miles vd Molen. In this update on the SA aviation sector, vd Molen shares his insights into the best
Retail innovation playbook: Fast, economical transformation on Microsoft Cloud
For retailers, tight integration of data and systems is the antidote to a challenging economy. Inflation, high energy prices, and a looming recession have dampened consumer purchasing. All this while retailers are still dealing with pandemic-related disruptions to supply chains and consumer shopping habits. To win back consumers and protect profit margins, retailers need to
UK tech ecosystem shows potential to reach $4 trillion valuation by 2032
The UK tech ecosystem shows great potential despite international competitors Lilly Rum/Unsplash A recent report by Tech Nation, a growth platform for tech companies, highlights proposals for the acceleration of the UK tech ecosystem. The report claims that “if the momentum gathered over the last decade is maintained”, the UK tech ecosystem will be worth
What Silicon Valley Bank Did Right
There’s a reason Silicon Valley Bank became such a fixture among startups: it understood their needs better than any other bank. Even now, many banks don’t have the flexibility and understanding to make banking easy for startups. With SVB gone, a lot of young companies will find it harder to manage their finances. In the
USD/MXN: Banxico’s hawkishness supports Peso, but market turmoil poses downside risks – Commerzbank
Banxico’s determined stance in the fight against inflation supports the Peso. However, if the recent market turmoil weighs on the outlook for the US economy, economists at Commerzbank see downside risks for MXN due to Mexico’s close ties with the US. How much support will Banxico provide? “As soon as inflation slowly approaches its target
Crypto Pundits Romance the Hyperinflation and Dollar Death Narrative. Is It a Real Scare?
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Narratives among crypto bulls are ephemeral except one: Bitcoin (BTC) is an antidote to unconventional Federal Reserve monetary policies.It has recently reached a fever pitch on Crypto Twitter, thanks to venture capitalist and angel investor Balaji Srinivasan saying he’d wager
ABC Life Literacy Canada announces new digital literacy resources to combat online fraud
ABC Life Literacy Canada is releasing new resources which aim to educate Canadians on online fraud. In 2022, the Canadian Anti-Fraud Centre received fraud and cybercrime reports totalling C$530 million in victim losses. This is an almost 40 per cent increase from 2021. In addition, The Canadian Anti-Fraud Centre finds that fraud is rarely even
Cronos (CRO) Spreads Its Wings as Crypto.com Expands Global Footprint
Cronos spiked 5% in the past week to continue its bullish trajectory. An in-depth on-chain analysis reveals that the number of long-term holders is increasing. How could this impact CRO price? There was a positive divergence between CRO price and daily active addresses during the recent downswing. Cronos Did not Lose Traction During the Recent
What Does Silicon Valley Bank’s Collapse Mean for Canadians?
The collapse of Silicon Valley Bank, or SVB, earlier this month has been sending shockwaves throughout North America’s tech and banking industries. The lender, based in Santa Clara, Calif., had clients that included start-ups like HR and payment firm Rippling and major tech companies like Roku. It folded in March due to a bank run
Blessmi secures N100m to boost fundraising market in Africa
Blessmi, a fundraising platform designed to help individuals and organisations raise funds for good and personal needs, has announced N100 million fundraise on it’s platform. According to the platform, this milestone has been achieved within a short while since its launch in 2022. Adegbe Ogbeh, co-founder, Blessmi Nigeria, while speaking on the fundraise achievement, said