Exchanging gift cards for cash is the new norm that you need to hop on. It’s a great way to earn some cool cash, especially in Nigeria and Ghana. The …
Omolara
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AmazonBusinessGlobal NewsSpotlightTechnology
Facebook CEO makes plans to layoff thousands of employees
by Omolaraby OmolaraFacebook-parent Meta will become the latest tech firm to scale back its workforce, with plans to layoff thousands of employees this week, US media reported Sunday. The Wall Street Journal, …
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BusinessEconomyGlobal News
IMF cuts it’s Global Growth Forecast on Rising Inflationary Pressures
by Omolaraby OmolaraThe International Monetary Fund (IMF) on Tuesday , citing Russia’s ongoing war against Ukraine, widespread inflationary pressures and higher interest rates boosting borrowing rates for both businesses and consumers. The 190-nation …
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BusinessEthiopiaINVESTMENT
Ethiopia’s wealthiest investors Worku Aytenew to build $1 bln worth cement plant
by Omolaraby OmolaraOne of Ethiopia’s wealthiest investors, Worku Ayetenew begins a process to build a cement plant with an investment capital of USD one billion. This will be the biggest investment he …
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AviationGlobal NewsKenyan NewsTransportation & Logisitics
Kenya Airways flights from Nairobi to New York Daily 
by Omolaraby OmolaraKenya Airways has announced plans to operate daily flights from Nairobi to New York, up from three weekly, with effect from 19th June 2023. The launch of the New York route …
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BusinessEastern AfricaEconomyINVESTMENT
Uganda and Somali Business heeding to explore trade opportunities In Kampala
by Omolaraby OmolaraThe Somali business community in the region is looking to explore trade opportunities in Uganda at the first ever business summit between the two countries to be held in Kampala. …
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BusinessEastern AfricaEconomyUncategorized
Kenya flags betting jackpots for money laundering
by Omolaraby OmolaraThe mega jackpots paid to punters in Kenya have been flagged as possible avenues for laundering proceeds of theft, drug dealings and terrorism as the State heightens focus on the …
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BusinessEntrepreneurshipINVESTMENTReal Estate
Olympia Capital posts Net Profit of KSh 17.5m
by Omolaraby OmolaraOlympia capital holding limited has recorded a net profit of ksh 17,496,000 for the financial year ended 28th February 2022. This is compared to a net loss of KSh 1,113,000 …
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BusinessEconomyEntrepreneurship
Kenya Shilling Weakens against the August upcoming Polls
by Omolaraby OmolaraThe Kenya Shilling traded at 117.57 per US dollar on June 23th, compared to 117.29 per US dollar on June 16th 2022, a weekly bulletin from the Central Bank of Kenya(CBK) …