Europe has recently witnessed the launch of its first live Central Bank Digital Currency (CBDC) project launched by The Central Bank of Hungary, with Perfinal taking center stage as the fintech backbone of this monumental transition. This remarkable initiative places Perfinal at the forefront of a digital currency revolution, as the financial world grapples with blending traditional mechanisms with new-age digital innovations. Continue reading
Mastercard, a global leader in payment solutions, recently announced Fluency as its CBDC partner, as part of plans to capitalise on the growing interest in CBDCs. https://mpelembe.net/index.php/uk-business/?rkey=20230818EN88111&filter=9768
The lack of availability and accessibility of current EV charge points, coupled with damaged infrastructure, incompatibility and inadequate payment options is causing frustration amongst UK EV drivers. As a result, over two-thirds (67 percent) of respondents are prepared to pay a premium to reserve a public charging bay to ensure they can power up their vehicles. Just over a quarter (27 percent) are willing to part with up to £10, and 33 percent up to £5. A further 7 percent would even be prepared to go higher at over £10, all to avoid ‘charge anxiety’. Continue reading
A new survey from Chubb, the world’s largest publicly traded property and casualty insurance company, reveals that a majority (56%) of financial executives involved in insurance decision-making globally expect to generate more than 10% of their revenue from embedded insurance within three years. Today, just 11% of firms in Europe report that level of revenue, compared to 20% globally, but 62% say their customers are interested in obtaining embedded insurance. Continue reading
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists covering the auto and transportation industries stay on top of the week’s most newsworthy and popular releases, here’s a roundup of stories from the week that shouldn’t be missed. Continue reading
Global Airlines, the world’s newest long-haul airline, has announced a significant partnership with American Express, meaning high-spending Amex Cardmembers can book tickets and benefit from exclusive offers with the airline. Continue reading
Offsite modular specialist Elements Europe have been awarded a central Birmingham build-to-rent (BTR) residential contract. Acting as both the main contractor and offsite manufacturer, Elements Europe will deliver a full turnkey solution to the scheme. The 4-acre island site will be transformed into a residential destination, branded Smith’s Garden, with 550 spacious one, two and three-bedroom apartments in 6 separate blocks centred around 1 acre of private garden, the tallest block being 26-storey. Continue reading
July 17, 2023 /Politics/ — Kamala Harris was born in Oakland, California, and Hakainde Hichilema was born in Monze, Zambia. However, they have both visited Zambia and have expressed an interest in the country. In March 2023, Kamala Harris visited Zambia as part of a tour of Africa. She met with President Hichilema and other officials to discuss issues of democracy, governance, and economic development. Hakainde Hichilema has also visited the United States on several occasions. In 2019, he met with then-Vice President Mike Pence to discuss trade and investment opportunities between the two countries. Continue reading
The Global Black Economic Forum (GBEF) and StarNews Mobile (SNM) have announced a strategic partnership to empower Black entrepreneurs and promote collaboration among Black businesses globally. The alliance will leverage StarNews Mobile’s position as a leading media platform in Africa to expand GBEF’s presence on the continent and create a lasting impact on the African business landscape. Continue reading
Recently, a special gift – a bowl of hybrid rice from Africa, appeared at the tomb of Mr. Yuan Longping, father of the hybrid rice. The gift was brought by Rakotoson Philibert, former Secretary General of the Ministry of Agriculture of the Madagascar Republic, who came to China for the third China-Africa Economic and Trade Expo. A simple bowl of rice harbored the sincerest commemoration from the Madagascar people. Continue reading