Category Archives: Business

28Apr/25

Equifax 2024 Global Consumer Credit Trends

April 14, 2025 /Mpelembe Media/ — Equifax’s 2024 Global Consumer Credit Trends Report offers a broad analysis of consumer credit conditions across ten countries, leveraging the Equifax Cloud™ for enhanced data insights. The report highlights trends in consumer credit demand, debt, delinquencies, and credit card usage, alongside inflation trends. Continue reading

28Apr/25

People trust legal advice generated by ChatGPT more than a lawyer – new study

Eike Schneiders, University of Southampton; Joshua Krook, University of Southampton, and Tina Seabrooke, University of Southampton

People who aren’t legal experts are more willing to rely on legal advice provided by ChatGPT than by real lawyers – at least, when they don’t know which of the two provided the advice. Continue reading

27Apr/25

PRICE HIKES VARY ACROSS 10 POPULAR CATEGORIES AS GROCERY INFLATION EASES IN Q1 2025

Grocery price inflation in the U.S. continued to cool in the first quarter of 2025, with a few tariff-related exceptions, according to data from Catalina’s robust, real-time Shopper Intelligence Platform. Catalina’s Shopping Basket Index (SBI), which tracks the aggregate average price changes of 10 common grocery product categories, reveals an overall inflation rate of 2% in Q1 2025 compared to the same period in 2024. Continue reading

21Mar/25

Bayer Opens Zambia Maize Seed Facility for Food Security

March 21, 2025 /Mpelembe Network/ — Bayer inaugurated a new maize seed production facility in Zambia with a €32 million investment, aiming to significantly boost the supply of high-yielding seeds to Sub-Saharan African smallholder farmers. Continue reading

19Mar/25

Mozambique: Second-Hand Clothing Industry and Economic Impact

March 19, 2025 /Mpelembe Media/ — A recent report highlights the critical economic and social role of the second-hand clothing (SHC) industry in Mozambique, a low-income nation. The study reveals the sector provides substantial employment, supports millions of livelihoods, generates significant tax revenue, and meets the basic clothing needs of the majority of the population. Continue reading

18Mar/25

High soybean prices in Zambia and Malawi may make chicken costly too: lack of competition is to blame

Arthur Khomotso Mahuma, University of Johannesburg and Namhla Landani, University of Johannesburg

Poultry is one of the cheapest protein sources for the growing population of the east and southern Africa region. That makes soybeans critical to food security in the region, as they are an important input in chicken feed.

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07Mar/25

Money Laundering: Following the Illicit Drug Trade’s Dirty Money

March. 7, 2025 /Mpelembe Media/ — The  crucial role of money laundering in the illicit drug trade, estimating its global value at half a trillion US dollars annually. It details how drug cartels function as international logistics companies, with profits distributed across the supply chain from producers to street-level dealers. Continue reading

02Feb/25

Maimbo’s AfDB Candidacy Announcement

Jan. 31, 2025 /Mpelembe media/ — Samuel Maimbo, endorsed by SADC and COMESA, has launched his candidacy for President of the African Development Bank (AfDB). His platform prioritises rapid economic growth for Africa, focusing on key areas such as trade, financial resources, agricultural transformation, and infrastructure development. Continue reading