“Technological innovations will be the heart and blood of the banking industry for many years to come and if big banks do not make the most of it, the new players from FinTech and large technology companies will.”
-------David Brear, Global CEO of 11: FS
Banking is one of the world’s...
Labour Day or May day constitutes an annual acknowledgment of the contribution and commitment of workers in their fields of work.
This year’s Labour day was celebrated under very peculiar circumstances. It was celebrated virtually and without the usual march past and fanfare due to the Coronavirus or COVID -19...
The Coronavirus pandemic has devastated the world economy. Uncertainty has ravaged local and international trade, with stock markets feeling the heat and large enterprises running for cover. People across the world are advised to stay home to prevent the spread of COVID-19, while world leaders are divided between the...
The African Union Development Agency (AUDA-NEPAD) has launched a COVID-19 Response Plan of Action to assist African countries to improve access to sustainable and resilient health services and protecting economies. In this interview with Africa Renewal, the CEO of AUDA-NEPAD Ibrahim Mayaki discusses the scope of this initiative. These are the excerpts.
What...
In the early parts of this year, especially starting from mid-January, the whole world was struck with a pandemic that came as “ghost” and seems to have, yet, put the world in so much distress and unrest. This pandemic is known as the novel coronavirus, otherwise called COVID-19.
It is...
Africa is facing new conversations around whether to remain on-premise or move to the cloud Security, risk, data loss, and legislation. These are the primary concerns listed by organisations and government institutions when asked why they are reluctant to move to the cloud. It is the perennial debate –...
With no end in sight, companies need to consider and take all necessary actions to mitigate all associated risks
The compounding effects of the corona virus and oil industry disruptions pose unique and significant challenges, particularly on the African continent where the economies of producing countries are largely dependent on...
Growing up, the term entrepreneurship sounded rather old-fashioned and out of place in modern day business discourse. But entrepreneurship is still here with us, and now comes with an even stronger sense of founder passion, authenticity, and boldness like never before. Entrepreneurs are also now younger and more diverse...
Neiman Marcus and J.C. Penney, two of America’s retailing giants, recently failed to pay interest on their debt. We should expect one or both firms to file for bankruptcy soon, heralding a surge of US business failures caused by the COVID-19 pandemic. And with most American households currently lacking...