Planning for death: four things you can do to ease your family’s emotional and financial stress: When someone dies, the people left behind face more than grief. They are often hit with a wave of decisions – emotional, logistical and financial – that must be made quickly and under pressure. You may not be able …
Financial skills like managing debt are key to success, but Ghana’s small businesses don’t have them: Mongta Studio/Shutterstock Financial literacy is vital for individuals and households. Simply put, it’s the ability to understand and effectively use various financial skills: budgeting, managing debt, making sound investments, and understanding financial statements. These skills are crucial for businesses, …
South Africa’s national student financial aid scheme has helped millions but is in trouble: here’s why: South Africa's minister of higher education and training, Blade Nzimande. Darren Stewart/Gallo Images via Getty Images The board of South Africa’s National Student Financial Aid Scheme (NSFAS) has been dissolved by the country’s higher education and training minister, Blade …
There will be more elections in 2024 than ever before – here’s how it could affect financial markets: Rishi Sunak, the UK prime minister, has indicated that the upcoming UK election will not be until the second half of 2024, but this is just the tip of the iceberg for polling activity in the coming …
Nigeria’s flamboyant aso ebi dressing style is popular – but it’s become a financial burden: Aso ebi – “family uniform” – is the Yoruba custom of people dressing alike for social events. The custom is rooted in kinship (ebi), an important aspect of Yoruba social life since precolonial times in what’s now south-west Nigeria. Words …
Most investors aren’t paying attention to climate risks – the financial system needs to change: Gorodenkoff/Shutterstock Climate change is increasing the frequency of extreme weather events. For example, extreme sea-level events, where large storm surges and high tides temporarily push the sea much higher than normal, currently occur once a century. However, they are projected …
We asked the Top Financial Services, Insurance, and Retail companies in South Africa – Is Data the New Currency?: The management of data quality is a common struggle across companies and industries. Prioritising fraud prevention and having insight into data can have a ripple effect on the economy. Everything is hyper-personalised by tracking people’s engagements, …
Everton FC lost ten valuable points for breaking financial rules – but football fans may eventually consider it a win: On November 16 2023, fans of Everton FC may have been reasonably satisfied about how the football season was shaping up. They were 14th in the English Premier League, and had recently recorded wins against …
Financial crises damage people’s mental health – our global review shows who is worst affected: pathdoc/Shutterstock Financial crises are periods characterised for some by devastating losses of income, work, a certain future, and a stable family life. The effect on mental health can be catastrophic. But what does the evidence tell us about who is …
English football is ready for a rule change when it comes to financial management: Billion Photos/Shutterstock Football fans are frequently involved in heated arguments over the rules of the game. Soon it will be the turn of elected politicians to debate new regulations which govern how the sport in England will be run. On November …
LG Electronics Reports Outstanding Third-Quarter 2023 Financial Results: LG ANNOUNCES THIRD-QUARTER 2023 FINANCIAL RESULTS High Performance, Strong Profitability Reflect Progress in Advancing Business Portfolio, Accelerating B2B Business and Procuring New Growth Engines LG Electronics Inc. (LG) today announced third-quarter 2023 consolidated revenue of KRW 20.7 trillion and operating profit of KRW 996.7 billion, both the …
Battling to make ends meet? Financial planning expert offers 5 tips on how to build your budget: Every day seems to bring new headlines about rising costs. In Nigeria, unions are threatening to strike amid soaring fuel prices; the country’s inflation rate hit 25% in August. The amount it costs to fill a food basket …
Fair Play: Netflix drama reveals the dark side of being a woman in the financial services industry: Warning: this article contains minor spoilers for Fair Play. Fair Play follows a young couple working as analysts at a high-flying, ruthless asset management firm in New York. They work hard and play hard while appearing to support …
The UK economy’s COVID bounceback was stronger than we thought – but here’s why people are still feeling financial pain: Nikon Corporation/Unsplash, CC BY-SA The UK has been transformed from the laggard of developed economy COVID recoveries, after a recent data revision by the Office for National Statistics (ONS) showed its growth was stronger than …
‘Girl math’ may not be smart financial advice, but it could help women feel more empowered with money: Roman Samborskyi/Shutterstock If you’ve ever calculated cost per wear to justify the price of an expensive dress, or felt like you’ve made a profit after returning an ill-fitting pair of jeans, you might be an expert in …
Shared parental leave has failed because it doesn’t make financial or emotional sense: Dragon Images/Shutterstock When shared parental leave was introduced in 2015 in the UK, the then Conservative-Liberal Democrat coalition government described it as a “radical” policy, suitable for modern lives and workplaces. By allowing parents to share up to 50 weeks of leave …
How subtle forms of sexism in financial services led to recent City scandals – what research shows: William Perugini/Shutterstock When I first worked in the City of London, a few years out of university, a company-appointed “style consultant” suggested I would be taken more seriously as a female professional if I wore more make-up and …
How to build financial resilience: insurance and retirement savings are the most effective tools in South Africa – study: Employment and education increase financial resilience. Getty Images Imagine you’ve found yourself in a difficult financial situation and needed to raise R40,000 (more than US$ 2,000) on the spot. Where and how would you raise these …