24 Jul 2022
It is a common sight in Addis Ababa these days to see men, women and even children moving around the city with huge bags of plastic waste. Their hauls mostly contain plastic bottles, but any plastic waste they come across will fetch cash according to its weight.
5 May 2022
Tesla CEO, Elon Musk recently acquired Twitter after the board agreed to the takeover bid by the Billionaire, marking a dramatic reversal of its earlier hesitation to accept the offer. Musk reportedly paid $54.20 (€50.8) per share in cash, or $44 billion, to take a 38% stake in the messaging platform. The takeover has however been welcomed with mixed feelings with many expressing fears that Musk may alter the way the platform operates.
12 Jan 2022
Uber rival Bolt says it has raised $711 in new funding from investors, with its value now put at over $8 billion.
16 Nov 2021
US President Joe Biden has signed the $1 trillion package of spending on America's infrastructure. The money will be spent on roads, transport, broadband and other areas. It's a rare bipartisan deal, and Democrats are now focusing on an even larger package for healthcare, education and climate change. Also today, a co-operative runs its first freight train service on France's railways. The partly crowdfunded initiative Railcoop is also planning to start passenger services on underused lines.
25 Oct 2021
Despite a 2020 peace deal and the promise of elections, violence has increased and anti-government demonstrations are gathering pace. But experts say the situation is complex and a hard military coup remains unlikely.
Lagos to scrap pension for past political office holders, Border Closure: Dangote debunks report of sole cement exporter
10 Nov 2020
Here are a few reasons to pick up a copy of The Guardian on Wednesday. Find these stories and much more when you grab a copy of The Guardian on Wednesday.
5 Oct 2019
360 global single- and multi-family offices were surveyed for the 2019 UBS Global Family Office Report, which was done in conjunction with Campden Research. A majority expect the global economy to enter a recession by 2020, with the highest percentage of gloomy respondents in emerging markets. About 42% of family offices around the world are raising cash reserves. Bloomberg's Tom Metcalf and Lisa Abramowicz speak on "Bloomberg Money Undercover"
14 Sep 2019
China’s cabinet signaled that a reduction in the amount of funds banks have to hold in reserve is on the way, in a move aimed at releasing cash into the slowing economy. The State Council called for the “timely” use of tools including broad and targeted reserve-ratio cuts to support the economy, according to a statement following a meeting chaired by Premier Li Keqiang. Bloomberg's Selina Wang explains on "Bloomberg Daybreak: Asia."
15 Dec 2018
Whether it's a year-end bonus, an inheritance, or some extra cash lying around, you've just gotten windfall. Now what should you do with it? In this episode of Good Money, we figure out how to put that extra scratch to work. Good Money is a series about making sense of your finances.
19 Apr 2017
EFCC should reveal identities of owners of recovered cash - Anumudu