Tanzania-based battery metals development company Lifezone Metals Limited became the first company from the East African nation to go public on a major US exchange. The company made its debut on the New York Stock Exchange (NYSE) on July 7th, 2023. The listing follows the successful business combination between special purpose acquisition company GoGreen Investments…
WHAT IS CUSTODIAN/CUSTODIAN BANK ? A custodian bank is a financial institution that holds customers’ securities for safekeeping to prevent them from being stolen or lost. The custodian may hold stocks, bonds, or other assets in electronic or physical form on behalf of its customers. Often, a custodian bank does more than provide asset protection. It can manage customers’…
CEOs are in the business of making decisions. Leaders make dozens of decisions every day, many of which could have major and lasting impacts on the success of their companies and teams. Whether it’s deciding to make a change in a key position, to take a chance opening in a new market or to test out…
In the ever-changing tides of consumer trends, only the most adaptable businesses will stay afloat and thrive. With everyone talking about transformation in the digital age, it’s easy to forget that the biggest threat to business isn’t machines — it’s “old-school” companies acting mechanically. So, how do you successfully future-proof a business for the fourth industrial…
Africa’s Billionaires list 2023 Africa’s wealthiest people shed a combined $3.1 billion in the past 12 months. As a group, the continent’s 19 billionaires are worth an estimated $81.5 billion – down from $84.9 billion a year ago, despite one more billionaire in the ranks. The 4% dip follows a 15% jump last year on…
CRDB Bank, which is headquartered in Dar es Salaam, is owned in part by Aunali and Sajjad Rajabali, two of the wealthiest men in Tanzania. WHICH BANK ? The International Finance Corporation (IFC) and CRDB Bank, the largest commercial bank in Tanzania, have announced a partnership to promote financial inclusion in Tanzania and beyond. THE…
It’s no secret that small businesses face challenges on a daily basis. Current supply chain woes need all levels of attention as problems arrive in every shape and size. Small businesses are seeking many – often any – opportunities to help keep their lights on and doors open. The gap between businesses thriving, surviving, and…
Global technology giant, Apple, Inc. formerly Apple Computers, was founded on the 1st of April 1976 by Steve Jobs and Steve Wozniak and became world famous for their personal computers. Today, the company is headquartered in Cupertino, California, and specialises in the designing, manufacturing, marketing and selling of consumer electronics, computer software, and online services….
The time for cardiac arrest has passed, OPEC+ introduced its supply cut. It was widely expected that the cartel would cut its production by nearly 10 million B/D, and they have delivered. OPEC+ is done with its job–for now. We need two important factors to play their role, and they are as follows: Non-OPEC+ members…
