Business & Finance News

Small Business Finance – Finding the Right Mix of Debt and Equity

Financing a small business can be most time consuming activity for a business owner. It can be the most important part of growing a business, but one must be careful not to allow it to consume the business. Finance is the relationship between cash, risk and value. Manage each well and you will have healthy …

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BREAKING NEWS: Microsoft to cut 10,000 jobs as spending slows

Microsoft will cut 10,000 jobs in the latest round of staff redundancies to hit the tech industry. It will affect up to 5% of its global workforce and cost the business $1.2bn (£972m) in severance and reorganisation costs. Microsoft chief executive Satya Nadella said that while customer spending had grown during Covid, more people were …

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Africa’s second richest man Johann Rupert adds $400 million to his net-worth in week one of 2023

Johann Rupert experienced a financial growth of $400 million in the first week of 2023.  This has moved him up the billionaire ladder.  This sudden growth could potentially precede what has been projected to be a successful year for the South African billionaire.  The new year has started off on a high note for Africa’s …

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African fintech market poised for exponential growth, forecasted to reach $150 billion by 2025

Fintech in Africa is predicted to grow by 10% annually through 2025, reaching a total of $150 billion (excluding South Africa). The success of fintech companies in Africa is driven by trends such as increasing smartphone ownership, declining internet costs, expanded network coverage, and a young, rapidly growing and urbanizing population. Key markets for fintech …

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