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Luxury Brands in China Cut Discounts to Restore Value
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Balenciaga, Versace, Valentino, and their contemporaries are shifting strategies to highlight exclusivity and draw steady expenditures from affluent customers. Several high-end brands are reducing deep discounts in China with the aim of restoring their exclusive image to attract affluent customers whose purchasing power remains less affected by economic downturns. None of the items offered…
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GMOs: Kenya Set to Lead in Regional Biotech with New Molecular Lab
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By Duncan Mboyah Kenya is constructing a regional reference molecular laboratory to help Eastern African countries in handling and using Genetically Modified Organisms (GMOs). Dr. Kipronoh Ronoh, Principal Secretary, State Department for Agriculture in the Ministry of Agriculture and Livestock Development, said that the laboratory will be used to supervise the transfer of GMOs…
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Media Revolution: Global Edition (English)
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In recent times, the conventional media environment has experienced substantial changes, smoothly merging with the emerging dominance of social media. Although these alterations may seem minor at first glance, they carry considerable weight beneath the surface, frequently going unnoticed by many observers. Nonetheless, when examined more closely, it emerges that established platforms like television,…
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Swedfund’s Investment: Safeguarding and Expanding Jobs for African SMEs
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Port Harcourt — Swedfund is investing USD 15 million in TLG Africa Growth Impact Fund II (TLG II). Through the investment, Swedfund aims to support the preservation and creation of decent jobs in small and medium size companies that otherwise struggle to find financing. Small and medium sized companies (SMEs) in Africa often struggle…
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Shatta Wale Sparks Chaos with Cash Shower in Dzorwulu Streets
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In a video that went viral on social media, Shatta Wale created chaos on the roads of Dzorwulu when he tossed money around from his speeding Rolls-Royce. In the video, a passerby recognized the celebrity as their car drew near and began calling out to them. This led the celebrity to express affection towards…
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Century Park Seized by Receivership as Investor Billy Cheung’s Troubles Mount
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The hospitality venue known as Century Park has fallen into receivership and is being managed by a tax advisory firm amidst the escalating fiscal challenges faced by its proprietor, Chinese national Billy Cheung. As per an authoritative declaration, Century Park now operates under the jurisdictional oversight and operational command of PricewaterhouseCoopers Rwanda Limited (PwC).…
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