Business

Press Release:- The Public is hereby notified that in keeping with changes in international oil prices and Government’s application of the modified market pass-through petroleum pricing mechanism, the retail price of kerosene, diesel, LPG 20, 22 and 100 lb cylinders has changed. The retail price of gasoline remains unchanged. The price change takes effect from Monday, […]

This article Price Hikes Announced For Diesel, Kerosene & LPG appeared first on St. Lucia Times News.

Saint Lucia

Caribbean

56 Taiwanese Enterprise To Participate In 2020 Virtual Expo

admin — Mon, 23 Nov 2020 16:20:01 +0000

56 Taiwanese Enterprise To Participate In 2020 Virtual Expo admin Mon, 11/23/2020 - 16:20

Sunday, November 22, 2020

Original Publisher

BUSINESS – Leadership Newspaper

Original Article

56 Taiwanese Enterprise To Participate In 2020 Virtual Expo

TAITRA has launched an online platform “Taiwan Virtual Expo” for Taiwanese enterprises in order to display their innovative products to meet the high demands of Nigerian companies for possible business cooperation and integration. Due to the effect of the so sudden COVID-19 pandemic outbreak that essentially shut down all world institutions, which included border control […]

Nigeria

Africa

Business

MTN Nigeria Appoints Toriola As CEO Designate

admin — Mon, 26 Oct 2020 20:10:02 +0000

MTN Nigeria Appoints Toriola As CEO Designate admin Mon, 10/26/2020 - 20:10

Monday, October 26, 2020

Original Publisher

BUSINESS – Leadership Newspaper

Original Article

MTN Nigeria Appoints Toriola As CEO Designate

BY CHIMA AKWAJA, Lagos MTN Nigeria today announced the appointment of Mr. Karl Toriola as the chief executive officer (CEO) designate. His appointment is effective 1st March 2021, providing enough time for an orderly handover. Mr. Toriola is currently the vice president, West and Central Africa (WECA), excluding Nigeria and Ghana, a position he assumed […]

Nigeria

Africa

Business

Current Economic Recession: Impact on Market Supplies and Demand

admin — Tue, 13 Oct 2020 13:10:02 +0000

Current Economic Recession: Impact on Market Supplies and Demand admin Tue, 10/13/2020 - 13:10

Tuesday, October 13, 2020

Original Publisher

The Zimbabwe Independent

Original Article

Current Economic Recession: Impact on Market Supplies and Demand

Businesses have been struggling worse than ever and the pandemic had a rippling effect on the global economy. Whether there were big guns or small businesses, all are going through tough times to generate profits for themselves, and even preventing losses has been an immense task. Due to this business lockdown situation and travel bans millions of people are laid off from their jobs posing a serious existential threat to economies around the world.

Businesses do all kinds of forecasting to try to maintain that equilibrium between supplies and demand. If anything goes out of order, it has a direct impact on the economy of a region. If the affected industry exists on a large scale, the compound effect is seen in the global economy.

The prime example of this is the recent price trend of oil where it fell to negative due to such extraordinary reduction in demand. This is the rippling effect on supplies and commodity pricing when demand ceases. In recent months, the demand for all major products and services had to see a downfall, and factories weren’t even to operate even due to pandemic fears.

With both the demand and supply cycles disturbed, the economic recession has been experienced worldwide. The effects of this recession are termed greater than the one that occurred in 2009. Trade wars between the world powers are also making matters even worse and the recovery mode is being delayed.

Masses who were always made to believe that their jobs are here to stay forever or governments will always come to their rescue in case of an economic or public health disaster, they have found themselves fooled during all these times. It was just a matter of time where big guns started laying off people or made a reduction in the salaries to accommodate themselves only to the best of their powers.

This had a severe impact on the buying power of people and caused a change in lifestyle preferences too. They are now more rigorously thinking of working towards self-sustainability models and ensure they survive the next crisis without much financial disorder for themselves.

What Lies Ahead?

Well, with the ones who have always been the action takers, they are in a desperate mood to put themselves in the driving seat. With too much impact of political uncertainty and other factors on traditional ways of earning money, there is a dire need to adapt to new ways of thinking.

Firstly, we need to cancel the mindset of the luxury lifestyle until it becomes affordable. There has to be some portion of savings periodically that needs to come to your rescue during bad times. We need to stop falling into the trap of luxurious lifestyles as posed by some social media influencers. Each individual needs to rethink his budgeting and expenses to attain financial stability.

Secondly, we need to adapt to new technologies and innovative ways of doing trading and business. The virtual economy is now a force on its own and people are leveraged exponential growth opportunities with bitcoin up automating the trading activities. In this digital world, there are extraordinary innovative ways of making extra money while continuing with the day job, people need to look forward to this to address their budgeting issues.

Fortunately, business lockdowns are almost lifted with precautionary measures in place. The recovery mode has started a bit and it is never too late to take any action for your personal growth. Hopefully, it will just be a limited period of struggle before stuff gets back on track.

The post Current Economic Recession: Impact on Market Supplies and Demand appeared first on The Zimbabwe Independent.

Zimbabwe

Africa

‘Serving The Servers’ Last Voucher Distribution

admin — Tue, 13 Oct 2020 12:40:01 +0000

‘Serving The Servers’ Last Voucher Distribution admin Tue, 10/13/2020 - 12:40

Tuesday, October 13, 2020

Original Publisher

Bernews » Business

Original Article

‘Serving The Servers’ Last Voucher Distribution

Serving the Servers will make its final distribution this week, having raised $35,350 to assist restaurant staff whose livelihoods were being affected by the pandemic. A spokesperson said, “Serving the Servers, an initiative launched with The Bermuda Chamber of Commerce during the early stages of the coronavirus pandemic back in May, will make its final distribution to […]

(Click to read the full article)

Bermuda

Caribbean

Business

Adjustment To Petroleum Prices

admin — Mon, 05 Oct 2020 11:40:01 +0000

Adjustment To Petroleum Prices admin Mon, 10/05/2020 - 11:40

Monday, October 5, 2020

Original Publisher

Business – CBC Barbados

Original Article

Adjustment To Petroleum Prices

Motorists will be paying more for some petroleum products in the coming days.

Effective, midnight Sunday, October 4, the retail price of gasoline and diesel will increase, in keeping with prices for these products on the international market.

As a consequence, gasoline will now be retailed at $3.36 per litre, an increase of 14 cents; diesel will now cost $2.67 per litre, up by 15 cents. Kerosene will now be retailed at 91 cents a litre, an increase of one cent.

The post Adjustment To Petroleum Prices appeared first on CBC Barbados.

Barbados

Caribbean

Business

FBC Bank Launches Noku, Digital Banking Assistant on Whatsapp

admin — Mon, 05 Oct 2020 11:10:01 +0000

FBC Bank Launches Noku, Digital Banking Assistant on Whatsapp admin Mon, 10/05/2020 - 11:10

Monday, October 5, 2020

Original Publisher

The Zimbabwe Independent

Original Article

FBC Bank Launches Noku, Digital Banking Assistant on Whatsapp

FBC Bank has announced the launch of Noku, a smart Digital Assistant who has been equipped with the capability of assisting clients with executing banking and insurance services on Whatsapp at any time of the day…24/7. Noku also allows anyone to open an FBC Instant Account or Mobile Moola wallet on WhatsApp without visiting a physical branch.

Existing FBC account-holders who are registered for Mobile Moola can start banking with Noku on Whatsapp by aving the number 0776 670 211 on their smartphones as a phone contact. Once Noku’s contact is saved ,one can
initiate a conversation with Noku in the same way they do when chatting with a friend or relative on whatsapp. One can start the conversation with Noku with any greeting message of their choice such as ‘Greetings’, ‘Hi’, ‘Whatsapp’, Etaa’, ‘Maswera sei?’ or ‘Ndeipi’ to start banking or insuring with Noku.
Noku, can serve clients with the following services:

Banking

Balance Enquiry
Mini Statement
Bill Payments
Internal Transfers
Zipit to Other Banks
Zipit to Cell
Mobile Banking Pin change
Block Card Functionality
Beneficiary Management
Insurance Services
Third party insurance
Third party and Zinara licence
Zinara licence only

Announcing the development, Roy Nyakunuwa(Acting Head- FBC Group
Marketing) said, “ FBC Bank is dedicated towards supporting sustainable
digital processes and creative innovations for driving the delivery of superb
service across click-only or digital banking channels. The bank takes pride in
utilising state-of-the art banking systems to offer exceptionally convenient
services to our valued clients. It is against this background that we have seen it
fit to develop Noku which is our gift to FBC Clients in line with our new
promise … You Matter Most ”
“ Noku is an extension of our mobile financal platform which is available on
the (*220#) platform. We launched Noku with a crystal-clear objective of
improving customer experience by allowing clients to transact on
Whatsapp. Noku enables customers to make use of the familiar Whatsapp
chat, which is more interactive and personal” added Roy Nyakunuwa.
FBC clients will enjoy the following benefits when banking or insuring with
Noku:
Instant access to banking and insurance services without the need to
visit a physical branch.
No need to download an additional application, client can use the
everyday chat messenger (WhatsApp)
Providing Banking Services on the preferred channel
Whatsapp is a cost effective communication channel
Can be used using social media bundles, Wi-Fi, and mobile data
Customer focused user experience
24/7 availability

FBC is a diversified and innovative financial services provider using technology to offer top-notch financial services to he market. The institution has driven simplicity by automating the account opening process for everyone
using a popular and user-friendly platform such as Whatsapp.

Issued on 17 September 2020

Roy Nyakunuwa- Acting Head of FBC Group Marketing
Group Marketing Division
FBC Centre, 45 Nelson Mandela Avenue
Harare, Zimbabwe
Phone : +263 242 707057/704608/783206
Cell : +263 731 306 861
Email : public.relations@fbc.co.zw
Website : www.fbc.co.zw

The post FBC Bank Launches Noku, Digital Banking Assistant on Whatsapp appeared first on The Zimbabwe Independent.

Zimbabwe

Africa

Hundreds of children in St David to receive toys through Canadian company toy drive

admin — Thu, 24 Sep 2020 19:40:01 +0000

Hundreds of children in St David to receive toys through Canadian company toy drive admin Thu, 09/24/2020 - 19:40

Thursday, September 24, 2020

Original Publisher

NOW Grenada

Original Article

Hundreds of children in St David to receive toys through Canadian company toy d…

Hundreds of children between the ages 1 and 12 will be receiving a toy for Christmas 2020, through a toy drive undertaken by a Canadian shipping and packaging company whose president is a Grenadian.

The project is being undertaken by Charlyn Asher who was born in Windsor Forest, St David and moved to Canada at the age of 18 years. She worked her way up the ladder in Toronto and is now the president of Colt Paper and Antoine Fulfilment.

Always supportive to her community, in 2016 she raised Canadian $2,500 to help the St George’s Anglican Junior School purchase their own photocopier-printer. That same year she donated money for a trophy to her past high school, St David’s Catholic Secondary.

She visited Grenada in February 2020 and on her return to Canada, Asher decided to launch a Colt Christmas Wish Toy Drive. The initiative is to collect toys for 500 boys and girls in the Windsor Forest and surrounding area. “Seeing the children and knowing the life she left behind, she will not and cannot turn a blind eye to her country’s needs. A little goes a long way. She’s using her voice and network to make this initiative a success,” said a spokesperson from her company.

In August, the team at Colt Paper filmed a video to promote the toy drive which is being run from 20 August – 30 October 2020. “We have had donations from the USA and as far as Turkey. To date we have collected 350 new unwrapped toys. However, more needs to be done to get to our goal. We do have an Amazon Wish list account to make it an easy donation without having to physically having to drop off at our location. This wish list is https://www.amazon.ca/hz/wishlist/ls/1JPRX3PPTM9LS

All the toys collected will go to a deserving child. The toy shipment is scheduled to leave Toronto the first week in November for delivery and distribution in Grenada prior to Christmas. The children must be registered in advance to be a recipient of the Toy Drive.

The toys will be distributed through teacher Galine Andrews at the Windsor Forest Pre-primary School with help from Samantha Antoine, Charlyn Asher’s sister.

Grenada

Caribbean

Ethiopian Airlines Links Nigeria To Global Network Of Over 70 Destinations

admin — Tue, 08 Sep 2020 08:40:01 +0000

Ethiopian Airlines Links Nigeria To Global Network Of Over 70 Destinations admin Tue, 09/08/2020 - 08:40

Sunday, September 6, 2020

Original Publisher

BUSINESS – Leadership Newspaper

Original Article

Ethiopian Airlines Links Nigeria To Global Network Of Over 70 Destinations

Ethiopian Airlines, Africa’s largest Airline, will tomorrow link Nigeria to its Global Network of over 70 destinations that are open for flights including Toronto, Washington DC,Chicago, Newark, London, Paris, Manchester.

The airline announced that Abuja will be served with Airbus A350 every Day while Lagos will be served with B777 Aircraft four (4) times Weekly tomorrow and Tuesday respectively.

LEADERSHIP Sunday recalls that during the lockdown, Ethiopian Airlines handled evacuation flights from America on behalf the Nigerian government and also to America for the American government.

Before the closure of the airspace, Ethiopian Airlines maintained flights to Lagos, Abuja, Enugu and Kano.

It will however be flying to only Lagos and Abuja as the approved airports for Now.

The airline will be providing its known world class services to Passengers while respecting the rules and protocols imposed by the countries.

Nigeria

Africa

Business