Food giants tap startups to unlock Africa’s vast informal market
New businesses like OmniRetail and TradeDepot offer the potential to open up an estimated market of 8m informal traders for consumer-goods makers in Nigeria.
Gucci owner’s fortunes rest on heir letting new CEO do his job
Francois-Henri Pinault steps back after two decades, handing Kering’s CEO role to outsider Luca de Meo.
China’s tourism surge may net $42bn for economy this year
After growth in double digits in most years before the pandemic, retail sales are on track to disappoint by expanding 4.1% in 2025.
Corruption clouds Gauteng social development department after R215m irregular spend
Department missed several targets in 2024/5.
Nasdaq revamps listing rules for small IPOs and Chinese firms
Minimum public float for IPOs raised to $15m under revised requirements.
A $30 000 Samsung TV hints at where the company’s lineup is headed
Samsung is readying smaller, less expensive Micro RGB TVs that use the same technology, said SW Yong, president of Samsung’s visual display business, in an interview.
Google just dodged a major penalty in the courts …
Here’s what happens next.
Grant beneficiaries abandon Postbank after years of glitches and card swap failures
More than 75% of the bank’s clients have moved to private banks.
China’s electric vehicle influence expands nearly everywhere
Except the US and Canada.
Chanel owners lean on 38-year-old to protect their billions
Deep family connections? Check. Ivy League degree? Check. Wall Street smarts? Check.