Category: Business

• November 15, 2024
• C Badenhorst

In a surprising move, Elon Musk reaffirmed his endorsement of Dogecoin, leading to a significant surge in the crypto market. Bitcoin surpassed $90,000, pushing the total market cap beyond $3 trillion. Musk, known for influencing crypto markets, praised Dogecoin's inflationary design, capturing attention once more. This follows the presidential victory of Donald Trump, who hints at crypto policy shifts, and heightened speculation on institutional investments.

• September 17, 2024
• C Badenhorst

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has raised concerns over the Nigerian National Petroleum Company's (NNPC) decision to sell locally produced petrol at a higher price than imported fuel. IPMAN argues this contradicts the advantages of local production. This debate follows the NNPC's first petrol batch from the Dangote refinery.

• September 7, 2024
• C Badenhorst

Selena Gomez has ascended to billionaire status, with a net worth of $1.3 billion primarily due to Rare Beauty's remarkable success. Founded in 2020, the brand promotes self-acceptance and inclusivity, resonating with consumers and driving rapid growth. Gomez's journey from a celebrated actress and singer to an influential entrepreneur underscores her business acumen and the loyalty she has cultivated.

• May 29, 2024
• C Badenhorst

In a much-needed move, President William Ruto has committed KES 500 million to support muguka farmers facing high production costs and low market prices. His pledge is expected to provide subsidies, improve marketing and crop quality, and boost the sector and livelihoods of many Kenyan farmers.