Author: Reputation Poll Staff

The world’s leading financial publication confirmed Moniepoint’s accolade in its annual “Africa’s Fastest Growing Companies” survey, released yesterday. It is the second consecutive year Moniepoint has achieved both the fastest-growing fintech milestone and ranked in Africa’s top four fastest-growing companies overall. Insightful research process The survey was compiled by Statista, a leading research company renowned for its insight into African companies’ actual performance, in a rigorous screening process. In this survey, companies are ranked based on 2019-2022 data by their absolute growth rate of revenues and their compound annual growth rate- CAGR. Moniepoint’s growth rates of 7,979% (absolute) and 332% (CAGR) ranked it…

The computer scientist regarded as the “godfather of artificial intelligence” says the government will have to establish a universal basic income to deal with the impact of AI on inequality. Professor Geoffrey Hinton told BBC Newsnight that a benefits reform giving fixed amounts of cash to every citizen would be needed because he was “very worried about AI taking lots of mundane jobs”. “I was consulted by people in Downing Street and I advised them that universal basic income was a good idea,” he said. He said while he felt AI would increase productivity and wealth, the money would go…

Autoworkers at a Mercedes Benz plant in Alabama voted against joining the United Auto Workers union Friday, potentially stalling hopes of a rapidly growing organizing wave for autoworkers in the southern United States. Both sides put up strong campaigns, and the result was a close outcome. Out of more than 5,000 eligible voters, workers voted 2,045 to 2,642 against union representation, the National Labor Relations Board said Friday. The UAW was hoping to carry its strong momentum with the Alabama vote, as its decision to use a “stand up strike” strategy hitting the Big Three automakers all at once brought…

Rothschild & Co is pleased to announce the completion of the merger of Redburn (Europe) Limited (Redburn) and Atlantic Equities LLP (Atlantic Equities) operations, which was announced on 26 April 2023. Redburn Atlantic, a transatlantic broker headquartered in London, will offer clients broader and deeper research coverage, market leading corporate access and experienced research sales together with compelling agency execution capabilities. By uniquely seating both US and European research together in London, Redburn Atlantic will benefit from a truly global industrial approach. The firm will provide research and execution services for around 700 institutional investors with distribution teams based in…

“Check against delivery” Let me begin with the five key messages from this forecast: First, after a difficult 2023, economic activity rebounded in the first quarter of this year. Economic momentum is expected to gather pace over the coming quarters, leading to an annual growth rate for the EU of 1% this year and 1.6% in 2025. Second, private consumption is set to drive the economic rebound, thanks to continued strength of the labour market and rising real wages, which should allow for a recovery in lost purchasing power. Third, inflation has declined further since the start of the year…

Slovak Prime Minister Robert Fico is in a stable but serious condition after being shot several times on Wednesday, according to doctors. The hospital director said he was currently in an intensive care unit after five hours in surgery. Earlier Mr Fico, 59, was said to have been fighting for his life after being gravely injured in an attack in the small town of Handlova. A suspect was detained at the scene of the shooting. Miriam Lapunikova, director of the F. D. Roosevelt University Hospital in Banska Bystrica, where Mr Fico was admitted, told a press conference that his condition…

Following broad economic stagnation in 2023, better-than-expected growth at the start of 2024 and the ongoing reduction in inflation set the scene for a gradual expansion of activity over the forecast horizon. The European Commission’s Spring Forecast projects GDP growth in 2024 at 1.0% in the EU and 0.8% in the euro area. In 2025, GDP is forecast to accelerate to 1.6% in the EU and to 1.4% in the euro area. EU HICP inflation is expected to fall from 6.4% in 2023 to 2.7% in 2024 and 2.2% in 2025. In the euro area, it is projected to decelerate…

As Europe is preparing for the approaching wildfire season, the EU is taking significant steps to bolster firefighting efforts and safeguard communities, by pre-positioning firefighters and assembling a fleet of firefighting aircraft. First, 556 firefighters from 12 countries will be strategically prepositioned across key locations in Europe this summer, such as France, Greece, Portugal, and Spain, ready to help local fire brigades. This proactive measure enhances Europe’s readiness to combat wildfires and mitigate their devastating impact on lives, homes, and the environment, and underscores the robustness of EU solidarity in addressing such crises. Second, the EU has also assembled a…

Today, the Commission adopted the Seventh Progress Report on the implementation of the EU Security Union Strategy for 2020-2025. The report provides an overview of the implementation of the Security Union Strategy since its adoption in 2020. It takes stock of progress and achievements in 5 key areas: protecting the EU’s physical and digital infrastructure; fighting terrorism and radicalisation; fighting organised crime; strengthening law enforcement and judicial cooperation; and cooperation with international partners. The Commission has delivered on all commitments under the Security Union Strategy and has incorporated new initiatives to respond to emerging and evolving security challenges over the…

Today, the European Commission has adopted an amendment to the State aid Temporary Crisis and Transition Framework (TCTF) to prolong by six months certain provisions of the Framework aimed to address persisting market disturbances specifically in the agriculture and fisheries sectors. On 11 April 2024, the Commission consulted Member States on the persistence of a serious disturbance of the economy affecting in particular the primary agricultural, fisheries and aquaculture sectors. The Commission has also taken note of the European Council’s conclusions of 17 and 18 April 2024 on the importance of a resilient and sustainable agricultural sector for food security…