BMW Group commences production of iX1 electric version at Regensburg plant in Germany
BMW announces that the production of the iX1 has already commenced at its Regensburg Plant in Germany, setting various milestones for the automaker. The iX1’s high-voltage battery is also being produced at the said plant. Apart from the iX1 being the first electric version of the small Sports Activity vehicle,...
How a Senegalese woman went to study in US, cleaned toilets and used savings to build swanky Palm Hotel in Dakar
Souadou Niang is a popular figure in Senegal’s hospitality industry. Her popularity defies her humble beginnings. Her persistence and drive to overcome obstacles is almost legendary in nature. The persistence and drive explain how she became the proprietor of The Palm Luxury Boutique Hotel in Dakar, the Senegalese commercial and...
Ex-Arsenal classy midfielder Flamini is now at the centre of multibillion dollar conservation firm after quitting football
In 2008, football player Mathieu Flamini moved from Arsenal, where he’d spent four years as a tough but classy midfielder to AC Milan in Italy’s Serie A. At the same time, unknown to his colleagues in the dressing room at the San Siro, he quietly embarked on another new journey....
EU’s new law that compels Big Techs to make their apps ‘convertible’, cheaper comes into force
Next week, a law takes effect that will change the internet forever – and make it much more difficult to be a tech giant. Today, the European Union’s Digital Markets Act came into force, starting the clock on a process expected to force Amazon, Google and Meta to make their...
A modern customer is tricky and too impatient, so shrewd businesses owners tap them and flow with them
The rise of the internet and information technology have greatly contributed to revolutionising customer experience from what we knew of it in the past. Today’s customer is quite different. He is in control of when, where and how they want to interact with a brand and brands don’t have many...
New minimum wage law throws America’s gig industry into chaos, dance clubs scramble to curb sin taxes
For six years, Teddy earned what she considers good money as a self-employed dancer working in California’s strip clubs. Yes, there were slow nights when wages slumped, says Teddy, who asks to use a pseudonym because not everyone in her life knows she is a sex worker. But the slow...
Ukraine invasion: No soft decision as US company Pepsi stops soda production in Russia
PepsiCo Inc has stopped making Pepsi, 7UP and Mountain Dew in Russia nearly six months after the US company said it would suspend sales and production after Moscow sent tens of thousands of troops into Ukraine. Pepsi’s announcement came after reporters visited dozens of supermarkets, retailers and gyms in Moscow...
Language smooths over rough edges for honest feedback, creates culture businesses thrive on
Words matter, especially in a feedback conversation. Consider the impact of calling sushi “raw, dead fish”, or a colonoscopy…well, never mind. Keep language focused on effectiveness and avoid judgmental words such as good/bad and right/wrong. Even less-charged words such as like/don’t like and agree/disagree should be avoided. You might be...
Election aftershock: Kenya’s economic outlook grim as jittery lenders withhold funds from government
In the streets of Nairobi, it appears to be business as usual as people return to work even after the August 16 announcement by presidential candidate Raila Odinga that he will be moving to court to challenge William Ruto’s win. The macro economy tells a different story, though. Following the...
Zimbabwe launches gold coin to rein in five billion per cent inflation that’s on the sprint
Zimbabwe has launched gold coins to be sold to the public in a bid to tame runaway inflation that has further eroded the country’s unstable currency. The unprecedented move was announced on Monday by the country’s central bank, the Reserve Bank of Zimbabwe, to boost confidence in the local currency....