Tiger Brands Weighs Major Job Cuts as Covid-19 Hits Food Demand

Tiger Brands Ltd. could make significant job cuts and asset sales this year as Africa’s biggest publicly traded packaged-food company looks to reduce costs and survive weak consumer demand worsened by the coronavirus pandemic.

25 May 17:35 • Daily Maverick • 2373996789286643176.html

Central Banks Are Destroying What Was Left of Free Markets

The Fed and other central banks are entering into a huge money-printing experiment in hopes of keeping the government-spending machine going at full speed forever. The unintended consequences will be highly destructive.

25 May 17:39 • Infowars • 1950426315414021965.html

Sberbank Buys 5,000 Blockchain ATMs as Russia Ponders Criminalizing Crypto Use

Sberbank is buying contactless blockchain-powered ATMs. This comes after a bill was proposed to penalize companies that use crypto.

25 May 17:30 • Bitcoinist.com • 1696346937452433023.html

Americans Are Rushing To Book Vacations In Re-Opened States

The uptick is also good news for the states, as taxes from these rentals can be a large revenue source for states

25 May 17:24 • Infowars • 1950426313732051396.html

HDFC gets battle ready, increases provisions to Rs 11,000 crore to ward-off coronavirus fallout

Housing Development Finance Corporation (HDFC) was seen gearing up for the aftermath of the coronavirus pandemic and the subsequent nation-wide lockdown.

25 May 17:37 • The Financial Express • 1288289579524232163.html

Pan-African businessman completes 100kW solar mini-grid in Zimbabwe

Philanthropist Strive Masiyiwa has completed a 100kW solar power project at Ndolwane in Bulilima district, through his ‘Re-Imagine Rural’ initiative.

25 May 17:25 • ESI-Africa.com • 2679729876744034791.html

Succession Planning: Along with businesses, even families need to adopt, adapt to secure interests

While most UHNI individuals or families recognize the need for succession planning, not many are disciplined about it. For most, succession planning is something one pays attention to only on nearing retirement.

25 May 17:57 • The Financial Express • 1288289579961556131.html