Tag Archives: Economy

05Jun/23

Universal basic income trial in UK

June 5, 2023 /Finance/ — There is a universal basic income (UBI) trial being conducted in the UK. The trial is being led by the Welsh Government and is being funded by the UK government. The trial began in September 2021 and will run for three years.

The trial started in September 2021, and it is scheduled to run for three years. The trial is being conducted in two parts: Continue reading →

04Jun/23

AWS announces the 25 startups selected for its first ‘fintech in Africa’ accelerator

25 African fintech startups have been selected for the inaugural Amazon Web Services (AWS) FinTech Africa Accelerator cohort. This cohort was selected from over 500 applications and is part of the EMEA Startup Loft Accelerator (SLA) program run by AWS. Continue reading

30May/23

InnoVEX 2023 Gathers Startups From 22 Countries Demonstrating Endless Possibilities

The InnoVEX exhibit for startups at COMPUTEX 2023 will be held at Taipei Nangang Exhibition Hall 2 from May 30 to June 2. As a global platform for startups, InnoVEX 2023 will integrate 5G, AIoT, healthcare technology, metaverse and XR, electric vehicles and smart mobility, green technology, and other innovative solutions. A total of 400 participating startup teams from 22 countries and 8 pavilion countries, including France, Belgium, Italy, the Netherlands, Poland, Japan, Brazil, and Israel, will showcase diverse creativity. Continue reading

12May/23

Tsunami of taxes

By Kim Harrisberg | South Africa correspondent

Kenyan influencers’ popularity may soon be costing them, with the government recently proposing new taxes targeting the digital economy, including for content creators.

Under the Finance Bill 2023, multiple amendments aim to grow the government’s tax base which has seen substantial deficits resulting in even government salaries being delayed. Continue reading →

27Apr/23

Fluency’s Ground-Breaking CBDC Bridge Paves the Way for Central Banks to Solve Account or Token-based Debate

Central banks are faced with the ongoing debates – Should retail and wholesale clearing and settlement of CBDC payments be separated? The differentiation doesn’t matter to the average citizen user. Their primary concern is to have a straightforward, secure, and all-encompassing solution that enables them to transfer value easily and affordably, regardless of their access to a bank or mobile/internet connectivity. Continue reading

25Apr/23

The current state of open banking regulation around the world.

April 25, 2023 /Finance/ — Open banking is a financial services term for the practice of allowing third-party financial service providers to access customer data held by other financial institutions, through the use of application programming interfaces (APIs). The goal of open banking is to promote innovation and competition in the financial services industry by giving consumers more choices and control over their financial data. Continue reading →

25Apr/23

How to repair a damaged reputation

Will Harvey, University of Bristol

A reputation can be damaged by a single mistake, or after months or even years of bad behaviour. Organisations may turn a blind eye to such behaviour by employees or business leaders, and sometimes it is tacitly enabled by a toxic culture that prioritises an end game – profits or “winning” – over people or planet.

In either case, research can tell us about the drivers of reputational loss, as well as how to rebuild a reputation, and ways to avoid damaging it in the first place. But while reputations can be protected, my research shows this shouldn’t happen at all costs – there is a dark side to reputation management that can, and should, be avoided.

Continue reading →