Category: Business

Business

Peso weaknesses on hawkish Fed, fears over cases of subvariant

THE PESO declined against the dollar on Wednesday as the US Federal Reserve’s chief said they could raise rates more aggressively to curb rising inflation. – BW FILE PHOTO THE PESO weakened versus the greenback on Wednesday as the US Federal Reserve chief said they could tighten rates more aggressively to control rising inflation and…

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Registrar sued in fight for SportPesa trademark

Companies Registrar sued in fight for SportPesa trademark Wednesday May 18 2022 SportPesa CEO Ronald Karauri. FILE PHOTO | NMG By VICTOR JUMAMore by this Author Summary Asenath Wachera Maina has sued the Registrar of Trademarks, Mr Karauri, Robert Macharia, and their partners whom she accuses of fraudulently transferring the trademark from Pevans to Milestone.…

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Why hiring a returning employee can be good for business

For many, the Great Resignation has been a time of new roles, new opportunities, and career changes. Some have called it the Great Reset. Anthony Klotz predicted ‘The Great Resignation’ in 2020, citing poor working conditions, toxic workplaces, uncertainty over job security, a lack of career progression opportunities and a reappraisal of personal and professional…

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CPI: Inflation steady as big interest-rate hike looms

Source: StatsSA Source: StatsSA Commenting on food price inflation, Agricultural Business Chamber of South Africa chief economist Wandile Sihlobo said overall various factors in the food market will push in opposing directions in the short term. With that said, we believe that South Africa’s consumer food price inflation could average 6% y / y in…

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Knesset passes bill giving parents extra tax credits

The bill passed with the support of the Joint Arab List after opposition members said they would vote against all government legislation. Last night, the Knesset gave second and third readings to the bill to award extra income tax credit points to parents, and to raise the work grant. The bill passed…

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Asia’s Two Richest Men Reap Windfall From Surging Oil, Coal

Though Adani, 59, and Ambani, 65, have unveiled a combined $ 142 billion in green investments over the next few decades in a pivot away from coal and oil – the bedrock of their empires – they are also finding it hard to kick the fossil-fuel habit as the conflict stokes demand. Global coal demand…

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