Africa’s development banks are being undermined: the continent will pay the price: Ghana and Zambia’s official creditors are pressing them to default on loans to two African multilateral financial institutions: the African Export-Import Bank (Afreximbank) and the Trade and Development Bank (TDB). These creditors, in effect, are demanding that the two countries prioritise repayments to …
Field of dreams? How some professional cricketers continue to pay the price for sporting excellence: vectorfusionart/Shutterstock What comes to mind when you think of cricket? Perhaps it’s an idyllic scene of an English village green – people sitting on deckchairs and checkered blankets tucking into a traditional cricket tea while watching mild-mannered players in sparkling …
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Bitcoin: four reasons why the price should surge in 2024: Bitcoin back? FAHM198 The year 2023 will be remembered as turbulent for cryptocurrencies, with numerous important developments that ultimately helped to “clean up” the space to potentially make it more attractive to mainstream investors. Notably there was the conviction of FTX CEO Sam Bankman-Fried for …
Price inflation is slowing, but here’s why it still feels like we’re in a cost of living crisis: Daisy Daisy/Shutterstock The latest UK consumer price index (CPI) data has been hailed as a win for prime minister Rishi Sunak’s aim to half inflation, announced earlier this year. Prices rose by 4.6% in October 2023, bringing …
Facebook’s new ad-free tier could end annoying consent pop-ups, but it could also put a price on your privacy: metamorworks/Shutterstock We have reached a key juncture in the debate about online privacy, following Meta’s recent decision to offer some users paid-for ad-free access to Facebook and Instagram. The time has come to decide how much …
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Senghenydd colliery disaster: how Britain’s worst mining tragedy revealed the true price of coal: Miners working at the Universal Colliery in Senghenydd, south Wales, were in the middle of their morning shifts 2000ft below the ground when a massive explosion ripped through the deep pit at 8.10am. A spark from an electric bell had ignited …
How pubs could get drinkers to swallow a peak-time price rise: Beer o'clock. Sergey Peterman/Shutterstock You may be used to paying more for a plane ticket or a train journey during peak times. But now a major British hospitality company has announced a similar approach to how much it costs to drink beer. Stonegate Group, …
Energy price cap: a targeted ‘social tariff’ must be part of a much wider set of reforms: Alex Yeung / shutterstock The British energy regulator Ofgem has announced the energy price cap for the last quarter of 2023, including early winter. Gas and electricity should be slightly cheaper than last year, but they are still …
Yevgeny Prigozhin: Wagner Group boss joins long list of those who challenged Vladimir Putin and paid the price: Two months after challenging Vladimir Putin’s leadership in an apparent but abortive “mutiny”, Yevgeny Prigozhin – the former owner of the mercenary private military company Wagner Group – has joined a long list of prominent Russians to …
Mobile money in Ghana isn’t all good news: customers are paying a hefty price: Mobile operators also offer money sending and receiving services Wikimedia Commons/Flickr Fintechs, notably mobile money, have transformed banking and finance in developing and emerging economies in Africa and beyond. Financial technology (better known as fintech) is used to describe new technology …
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How ‘drinkflation’ affects the price of your pint: Is 'drinkflation' a thing? Cast Of Thousands/Shutterstock The cost of living crisis has seen the prices of many goods and services rise sharply in the past 18 months, but food and drink prices have been particularly hard hit. Some food producers have responded by reducing the size …
Price caps on groceries are not the answer to the UK’s inflation problem: Prime Minister Rishi Sunak is proposing a form of price caps on basic food items like milk and bread to slow their price increases. This is likely to set maximum prices which sellers are not allowed to exceed, though it appears it …
Price inflation: five ways stronger UK supply chains can help reduce rising food costs: Denis Belitsky/Shutterstock Annual price inflation has recently fallen below double digits, but food costs are still rising rapidly. Official UK figures show food prices rose by 19.1% in the year to April 2023. To prevent further increases, the UK needs to …
Private equity: when big profits come at a heavy price for human rights: Billion Photos/Shutterstock Private equity is an enormously powerful and wealthy industry that has a huge impact on the public and their human rights. As a sector, it holds around US$ 4.4 trillion (£3.5 trillion) in assets, while in the US, one in …
These are the latest trending searches on Google right now: Petrol price May 2023: petrol price, petrol price increase: Daily Search Trends Have you tried: Travelling to South Africa?