Banking & Finance

In recent years, substantial unemployment rates in Zimbabwe have seen many migrate to other nations, including the UK, to work and send funds back to relatives in the country. Last year, the result of this was $1.4 billion in diaspora…

Luxury carmaker Aston Martin Lagonda has received a large investment from Saudi Arabia as it raises £650 million of capital to pay down its debt, which is currently costing it £130 million a year in interest. However, despite the large…

Burberry revealed that  first-quarter sales dipped 35% in the country which is a vital market for its clothing. Prior to the pandemic, approximately one-third of the global luxury industry was reliant on Chinese spending, both at home and…

According to a Monday report by Bloomberg, luxury fashion brand Tom Ford is in talks with investment bank Goldman Sachs about a company valuation. The potential sale could put the company’s worth at several billion dollars, though as the…

There are a lot of things that go into making a business successful. One crucial factor is having the proper insurance to protect your company from potential losses. While there are many insurance policies to choose from, auto insurance is…

Rihanna was recently featured on Forbes’ annual list of America’s richest self-made women for the third year in a row, ranking 21st overall. However, the Fenty Beauty CEO is the list’s only billionaire under the age of 40.  While some of…

Established in 2020 under the CAREs Act, the Employee Retention Tax Credit (ERTC) is a refundable tax credit designed to enable employers to keep their employees on the payroll during the COVID-19 pandemic. However, various myths and…

The move comes after Musk warned earlier this month that he has a “super bad feeling” about the economy amid record-high inflation. In a memo to executives, titled “pause all hiring worldwide”, Musk said that around 10% of jobs at Tesla…

Financial management helps you avoid crisis A few days ago, a friend told me about his financial management strategy. It was interesting to learn that he put all the money separately for his monthly expenses. To my wonder, he has fixed a…

Following two years of economic turmoil triggered by the pandemic, many companies would have thought the worst was behind them. Yet 2022 has thrown a new wave of challenges which undermines the productivity, growth, and ultimately, survival…

Elon Musk has shared a dose of bad news for his electric vehicle company Tesla, explaining that its new factories in Germany and the United States are losing billions of dollars due to battery shortages and supply disruptions in China. …

Tax consultancy firms are growing to become an essential component of the business sector.  With the evolving financial system, accounting is growing, and moving away from just adding and subtracting numbers from statements. Their work…