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Category: Business / Finance

AI, Trade Tensions Mark Barcelona Mobile Industry Meet
Business / Finance International

AI, Trade Tensions Mark Barcelona Mobile Industry Meet

Wadh KassimMarch 3, 2025

The annual Mobile World Congress (MWC), which is set to draw around 100,000 attendees in Barcelona, opened the day before fresh American tariffs come into force on Chinese goods.

SpaceX Targeting Monday for next test of Starship megarocket
Business / Finance Development International Science & Tech

SpaceX Targeting Monday for next test of Starship megarocket

Mwanzo EditorMarch 3, 2025March 3, 2025

Elon Musk has been making headlines for mass layoffs and funding cuts at US federal agencies under his so-called Department of Government Efficiency. But on Monday, his towering Starship rocket will return to the spotlight with its next test flight.

TikTok to invest $8.8 bn in Thailand over five years
Business / Finance International

TikTok to invest $8.8 bn in Thailand over five years

Wadh KassimFebruary 28, 2025

The social media platform owned by China’s ByteDance is the latest in a string of big tech names to announce major spending projects in the kingdom, after Amazon, Google and Microsoft.

Nigerians displaced as rents double in inflation-hit Lagos
Africa Business / Finance

Nigerians displaced as rents double in inflation-hit Lagos

Wadh KassimFebruary 28, 2025

With a population of more than 20 million, the country’s sprawling, ever-growing economic capital has for years struggled to keep up with housing demand, with some 3,000 people added to its population per day.

Most USAID workers to be fired or placed on leave
Business / Finance International

Most USAID workers to be fired or placed on leave

Mwanzo EditorFebruary 24, 2025February 24, 2025

Around 1,600 workers based in the United States will be laid off in a “reduction-in-force” effort, according to a notice on the US Agency for International Development’s website.

CAK Approves Metal Cans & Closures Acquisition Of Assets From Nampak Kenya
Business / Finance East Africa Kenya

CAK Approves Metal Cans & Closures Acquisition Of Assets From Nampak Kenya

Wadh KassimFebruary 11, 2025

The deal will see Metal Cans and Closures Kenya Limited expand its business by venturing into the production of food cans, crown caps, and shoe polish containers.

Nokia names Intel’s AI head to replace CEO
Business / Finance International Science & Tech

Nokia names Intel’s AI head to replace CEO

Mwanzo EditorFebruary 10, 2025February 11, 2025

Lundmark, who has served as Nokia’s CEO since 2020, will leave his position on March 31 and Hotard will take over the next day, the company said in a statement.

Former US President Biden Signs With Talent Agency CAA
Business / Finance

Former US President Biden Signs With Talent Agency CAA

Wadh KassimFebruary 4, 2025

Joe Biden has signed with the powerhouse talent agency CAA, joining its star-studded ranks of Hollywood actors and sports legends as the former US president explores what comes after the White House.

Apple Blasts Porn App for iPhones in Europe
Business / Finance International

Apple Blasts Porn App for iPhones in Europe

Wadh KassimFebruary 4, 2025

The App Store does not allow porn — but the Hot Tub app is offered on AltStore PAL, one such alternative marketplace.

Bitcoin Hits Record Above $109,000 Ahead of Trump’s Inauguration Ceremony 
Business / Finance International Politics

Bitcoin Hits Record Above $109,000 Ahead of Trump’s Inauguration Ceremony 

Mwanzo EditorJanuary 20, 2025January 20, 2025

Bitcoin surged to reach an all-time peak of $109,241 ahead of Trump’s inauguration ceremony, before falling back to $107,765 at around 0740 GMT.

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