BOI holds clinic for businesses in Osun state

61% of small business owners in the US say that the current state of the economy is making it difficult for them to stay open. This is according to a survey of over 500 small business owners commissioned by Clarify Capital.

While most advanced economies are recovering from the worst effects of the pandemic, labour markets are facing a new and unexpected challenge: a shortage of workers. It's one of the issues business leaders are discussing at the World Economic Forum in Davos, Switzerland. Christophe Catoir, President of Adecco, tells FRANCE 24's Business Editor Kate Moody that the problem could persist for several years to come.

Small business owners in South Africa's Soweto say power outages - some of the worst to hit South Africa - have forced them to cut hours and staff.

In South Africa, a xenophobic movement called Operation Dudula is accusing illegal immigrants of taking jobs from South Africans. Operation Dudula vigilantes are known to raid small businesses owned by foreigners. With an unemployment rate close to 35 percent, the situation is tense and the populist rhetoric of Operation Dudula supporters is raising fears of new xenophobic riots in South Africa, like in 2008, 2015 and 2019. Our correspondents report.

Data suggest that Germany may be on the brink of an economic downturn that could ultimately lead some businesses to move abroad.

Widespread flooding has killed more than 500 people in Nigeria, left around 90,000 homes under water and blocked food and fuel supplies, two government ministries said on Friday.

Currencies are depreciating around the world and wreaking havoc on economies. But as the strong US dollar hits foreign demand, some American businesses are also experiencing painful losses.

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Quiet quitting is a term that refers to the phenomenon of employees who perform only the bare minimum at their jobs. Quiet quitters fulfill the primary responsibilities of their tasks but don't spend any more time than necessary to handle their work.

Shops closed in several Iranian cities after activists called for a general strike. Meanwhile, Iranian authorities said that protesters' sentences will be "carried out swiftly."

Opponents of Thailand's marijuana bill are calling for the plant to be re-criminalized amid concerns over growing recreational use. The bill has also triggered a lucrative new industry from Bangkok to Pattaya.

The Lagos Chamber of Commerce and Industry says the naira redesign policy is affecting operations of businesses in Nigeria, stressing that the chamber expects a smooth transition to the use of the new notes for business transactions.