Singapore, Canada, Denmark, the United States of America and Switzerland are the top five countries with the best business environments in the world, according to the latest business environment rankings report for the second quarter of 2023. The report by the Economist Intelligence Unit (EIU) measures the attractiveness of the business environment in 82 countries …
The Economist Intelligence Unit (EIU) has predicted Singapore, Canada, and Denmark will have the best business environments in the next five years. The EIU is an organisation that analyses economic and political developments around the world, helping businesses, financial firms, educational institutions, and governments plan for the future. “According to our Q2 2023 rankings, North …
After more than a decade of bailouts and painful austerity measures, the country has rebounded More than a decade after bailouts and austerity measures pulled Greece from the brink of bankruptcy and a eurozone exit, the country has rebounded and is on the cusp of regaining its investment-grade rating. S&P recently changed its outlook for …
Businesses in Nigeria, especially fast-moving consumer goods (FMCG) firms, have devised several ways of attracting and retaining customers in the face of surging inflation. The country’s inflation rate, which has been at a 17-year high since July last year, has negatively impacted FMCG firms by increasing their cost of doing business and has also made …
“I’ll allow Nigerians to say it. I hope they’ll be fair to me. I want them to analyse how things were when we came in and how they are when we’re leaving.” President Muhammadu Buhari uttered those words last year when quizzed about his legacy. The government rode into power in 2015 on the change …
In any given society, once politicians and public servants start financially competing with the private business community, it compromises social-economic development and upward transformation of the society at large as they start using their positions to undermine all structures, systems and policies put in place to carry the nation forward. In March 2020, Ham Enterprises …
President Samia Suluhu Hassan is implementing strategic investment measures to revive Tanzania’s economy. As the first female President of Tanzania, she assumed office on March 19, 2021, following the passing of her controversial predecessor, President John Magufuli. Tanzania is a popular tourism destination in East Africa, with borders to eight other African countries and the …
Mastercard has announced the winners of its second edition of the Women SME Leaders Awards at a virtual ceremony, celebrating the achievements of women-led businesses in 22 categories across multiple industry sectors in Eastern Europe, the Middle East and Africa. Launched in 2022 in collaboration with Entrepreneur Middle East, the Mastercard Women SME Leaders Awards …
Nigeria’s premium online and gaming brand, Betway, is making a significant impact on the lives of entrepreneurs and small business owners in Lagos. The brand has announced its support for 10 Fintech point of sale (POS) operators in the city with solar-powered kiosks to aid their businesses. This is part of the company’s commitment to …
A debt dilemma: Bonding over borrowing costs? Last week, Nigeria agreed to convert $4.9 billion of debt owed to the central bank into bonds as part of its plan to reduce the country’s debt burden. The move is expected to free up funds for infrastructure investment and help lower the government’s borrowing costs. The debt …