Mach49, the leading growth incubator for global businesses, announces the upcoming release of the book The Unicorn Within: How Companies Can Create Game-Changing Ventures at Startup Speed, authored by its founder and CEO, Linda Yates. Harvard Business Review (HBR) Press will publish the book on October 25, 2022. Continue reading
Tag Archives: Economy
How many work projects are too many? Here’s why you should tell your boss to stop at five
Anatoli Colicev, University of Liverpool and Tuuli Hakkarainen, University of Liverpool
Working across several projects is the norm for most jobs these days. In fact, more than 80% of employees juggle multiple work projects at once, according to recent research.
Banking in 2035: Trust, climate risks and geopolitical rivalry shape a purpose-driven industry, forecasts study
As disruptive forces roil today’s financial sector, banking execs are scrutinizing the evolving role of banks in the most competitive market they’ve ever faced. What does the future hold? And how can they meet the challenges ahead to forge a brighter future – both for the industry and the greater world? Such is the focus of a new future of banking study, Banking in 2035: three possible futures, by Economist Impact and sponsored by AI and analytics leader SAS. Continue reading
South African teens skip school to chase risky crypto dreams
- Young South Africans see crypto as way to quick wealth
- Poverty, high unemployment pushes them to crypto
- Users not fully aware of risks, vulnerable to scams
By Kimberly Mutandiro
JOHANNESBURG, Sept 26 (Thomson Reuters Foundation) – John first heard of cryptocurrency three years ago, when the teenager came across slick YouTube videos and Facebook posts of other South Africans claiming to have become wealthy overnight with bitcoin.
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Mini budget 2022: experts react to the new UK government’s spending and tax-cut plans
Phil Tomlinson, University of Bath; Andrew Burlinson, University of East Anglia; Catherine Waddams, University of East Anglia; Donald Hirsch, Loughborough University; Jean-Philippe Serbera, Sheffield Hallam University; Jim Watson, UCL; Jonquil Lowe, The Open University, and Steven McCabe, Birmingham City University
UK chancellor Kwasi Kwarteng has just launched the biggest package of tax cuts in half a century. This will involve around £45bn of reductions for people and businesses by 2027 – 50% more than anticipated before the mini-budget announcement.
Mini budget: will Kwasi Kwarteng’s plan deliver growth?
Steve Schifferes, City, University of London
The UK economy has been dogged by slow growth for a long time. Combined with even slower growth in productivity, it has meant virtually no increase in living standards for the average family over the past decade.
Rise Start-Up Academy Opens Applications to FinTech Experts
Rise, created by Barclays – a global community of the world’s top innovators working together to create the future of financial services – has opened applications for the next cohort of the Rise Start-Up Academy. The theme for this cohort is specifically focused on supporting budding founders who find themselves out of their FinTech jobs due to the current economic climate. Continue reading
As ether adopts energy-saving ‘merge’, will bitcoin follow?
- No. 2 cryptocurrency to adopt energy-saving protocol
- ‘The merge’ could cut ethereum’s power use by 99%
- Move seen piling climate pressure on bitcoin
By Avi Asher-Schapiro
LOS ANGELES, Sept 12 (Thomson Reuters Foundation) – Ethereum, the blockchain underpinning the world’s second-largest crypto token ether, is poised for a software upgrade that will slash the amount of energy it uses – a step that could pile pressure on bitcoin to take similar climate-friendly action. Continue reading
Man vs Machine: Delivery driver fights algorithm in Bollywood film
- “Zwigato” shows struggles of gig worker on food-delivery app
- India has about 8 million workers, many on low wages
- Film could help change our views of future of work
By Rina Chandran
Sept 8 (Thomson Reuters Foundation) – A worker loses his job during the pandemic, and signs up to become a driver for a food-delivery app: this was the reality for millions in the past two years, and is also the story of a new Bollywood film that examines the gig economy in India.
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Flutterwave Secures Switching and Processing License, Nigeria’s Highest Payments Processing License
Flutterwave, Africa’s leading payments technology company has been granted a Switching and Processing License by the Central Bank of Nigeria (CBN)—widely regarded as CBN’s most valuable payments processing license. This license allows Flutterwave to offer transaction switching and card processing services to customers. Others include non-bank acquiring, agency banking and payment gateway services. Continue reading
