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    Grit Daily Finance

  • Art Is the New Asset Class: Why Collecting Is the Culture Move of the Decade
    With everyone talking about AI, creator economies, and crypto comebacks, one old-school player is having a quiet but powerful renaissance: art collecting. And it’s not as a niche hobby for trust fund kids or a playground for gallery gatekeepers, but as a smart, identity-driven asset strategy. Platforms like Rated Arts... Read more »
  • The Hidden Mental Models That Help Top Investors Beat the Market
    Successful investing isn’t just about picking stocks or analyzing balance sheets; it’s about thinking differently. The best investors use mental models, structured ways of thinking that help them make better decisions, filter noise, and navigate uncertainty. These models go beyond traditional analysis and allow them to think long-term, probabilistically, and... Read more »
  • Supporting Legacies: Fortunium Wealth Management Opens Office in Tampa Bay
    Fortunium Wealth Management recently launched its Apollo Beach Office, expanding its personalized financial services across Tampa Bay. With a philosophy centered on helping clients establish foundations, supporting their success, and preserving their legacy, Fortunium aims to enable clients to build and protect their wealth for years to come. What Is... Read more »
  • Sanctuary Metals Helps Americans Diversify Retirement Accounts Amid Economic Volatility
    As inflation surged to 2.9% in December 2024 — the highest level in over six months — Rick Mason, a 62-year-old former production manager from Dayton, found himself confronting a stark retirement math problem. With core inflation persistently exceeding 3%, well above the Federal Reserve’s 2% target, his carefully balanced... Read more »
  • Rethinking the Rails: The Challenges for Card Networks
    Fintech expert Felipe Izquierdo, a recognized authority in venture capital, corporate strategy, and financial technology, shares insights on the challenges facing card networks. With extensive experience in startup strategy, investment, and venture capital, Izquierdo brings deep expertise to the discussion. As a senior strategy manager at Remitly, he offers a... Read more »
  • GrowWealthy Is Revolutionizing Investing with AI, Tailored to Your Investor Profile
    Few individuals stand out as true innovators today. But Shaun Opoku is one such individual, one known for his deep expertise in financial technology. With a proven track record of success in guiding investors and creating cutting-edge platforms, Opoku has firmly established himself as a prominent figure in the fintech... Read more »
  • Financial Literacy Gaps Among First-Time Crypto Entrepreneurs
    The rise of crypto has been nothing short of electrifying. Digital currencies like Bitcoin, Ethereum, and Solana have captured the imagination of millions worldwide. As a result, more and more first-time entrepreneurs are diving headfirst into the crypto economy, eager to create the next big thing. However, as exciting as... Read more »
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    Radarr Africa

  • Experts Urge Nigerian Businesses to Prioritise Reputation Management for Long-Term Success
    Industry experts have called on Nigerian businesses to pay more attention to managing their reputation if they want to achieve long-term success and sustainability. They made this known during a… The post Experts Urge Nigerian Businesses to Prioritise Reputation Management for Long-Term Success appeared first on Radarr Africa.... Read more »
  • Taraba State Government Partners with Africa Nature Investors Foundation to Strengthen Conservation Efforts
    The Taraba State Government has formed a new partnership with the Africa Nature Investors (ANI) Foundation to protect the environment and boost eco-tourism in the state. This partnership was officially… The post Taraba State Government Partners with Africa Nature Investors Foundation to Strengthen Conservation Efforts appeared first on Radarr Africa.... Read more »
  • Dangote Cement Posts N209.2bn Profit in Q1 2025, Reflecting Strong Growth Despite Macroeconomic Challenges
    Dangote Cement Plc has posted a remarkable profit after tax of N209.2bn for the first quarter ended 31 March 2025, marking an 85.7 per cent increase from the N112.7bn recorded… The post Dangote Cement Posts N209.2bn Profit in Q1 2025, Reflecting Strong Growth Despite Macroeconomic Challenges appeared first on Radarr... Read more »
  • UBA plans expansion to 100 countries
    United Bank for Africa (UBA) Plc has announced plans to expand its operations to over 100 countries and grow its customer base to over one billion within the next 75… The post UBA plans expansion to 100 countries appeared first on Radarr Africa.... Read more »
  • Stanbic IBTC reports N82bn gain
    Stanbic IBTC Holdings Plc has posted a profit after tax of N82.06 billion for the first quarter of 2025, marking an 80% growth from N45.64 billion recorded in the same… The post Stanbic IBTC reports N82bn gain appeared first on Radarr Africa.... Read more »
  • PenCom to recover unpaid pensions from power firms
    The National Pension Commission (PenCom) is stepping up efforts to recover unpaid pension contributions from electricity generation and distribution companies across Nigeria. Omolola Oloworaran, the Director-General of PenCom, led a… The post PenCom to recover unpaid pensions from power firms appeared first on Radarr Africa.... Read more »
  • How AI is reshaping workforce, creating job opportunities
    Artificial Intelligence (AI) is rapidly changing how work is done across the world, and Nigeria is not left out. As businesses adopt automation, machine learning, and AI tools to help… The post How AI is reshaping workforce, creating job opportunities appeared first on Radarr Africa.... Read more »
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    Business – ARY NEWS

  • OGRA jacks up CNG prices in Punjab, Sindh
    LAHORE: The Oil and Gas Regulatory Authority (OGRA) has jacked up prices of Compressed Natural Gas (CNG) in Punjab and Sindh, ARY News reported, citing well-informed sources. The prices have been increased as the value of rupee has devalued against the US dollar. After the recent hike, the rate of... Read more »
  • Govt committed to build strategic reserves of essential commodities: Tarin
    ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin has presided over the meeting of the National Price Monitoring Committee (NPMC) held at the Finance Division, ARY News reported on Monday. Secretary Finance briefed the meeting about the slight uptick in weekly SPI, which increased by 0.03 per cent during... Read more »
  • VideoPromotion of construction sector to boost economic activities: PM
    ISLAMABAD: Prime Minister Imran Khan said on Monday the PTI government was bringing a revolution in the construction sector. Addressing the closing ceremony of three-day Interior, Construction, Electrical and Electronics Expo in Islamabad, the premier said the promotion of the construction sector would boost economic activities and wealth creation in... Read more »
  • Smart buildings: Cohesion CEO on the office of the future
    NEW YORK: Before COVID-19, Thru Shivakumar, co-founder and CEO of Cohesion, was already working on apps to convert office buildings into smart spaces, powered by technology that enables interaction with tenants through phones and computers. Since the pandemic began, however, she is learning that the smart buildings of the future... Read more »
  • Exports grow 17.3% to $2.35bn in July
    ISLAMABAD: Pakistan’s exports grew by 17.3 per cent to $2.35 billion in the first month of the fiscal year 2021-22 i.e. July as compared to last year’s same period. This was stated by Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood. He tweeted: “During the first... Read more »
  • US dollar crosses Rs163 mark in interbank
    KARACHI: The rise of the United States (US) dollar in the interbank against the Pakistani rupee continued on Monday as it crossed the Rs163 mark, ARY NEWS reported. According to details, the US dollar was traded at Rs163.05 in the interbank after witnessing an increase of Rs0.62 on the first... Read more »
  • Pfizer and Moderna raise prices for COVID-19 vaccines in EU
    Pfizer Inc and Moderna Inc have raised the prices of their COVID-19 vaccines in their latest European Union supply contracts, the Financial Times reported on Sunday. The new price for the Pfizer shot was 19.50 euros ($23.15)against 15.50 euros previously, the newspaper said, citing portions of the contracts seen. The... Read more »
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    IOL - Business Report

  • Eskort expands its retail presence with new stores across South Africa
    Eskort is not just about bacon or Viennas; the food processing company behind the brand has added four retail stores across the country in a growth spurt at the end of last year, with more planned for the future.As the manufacturer and processor of iconic antibiotic-free pork products, growing a... Read more »
  • South African households still under pressure despite inflation dropping to 5-year low
    South Africa’s consumers received a sliver of hope this week as Statistics South Africa (Stats SA) announced a significant drop in inflation from 3.2% to 2.7% in March, marking the lowest level seen in five years.While this decline was seen as a promising development, experts warned that many households were... Read more »
  • SA farmers have mixed reactions about implications of VAT increase reversal
    The agricultural industry in South Africa has given mixed reactions to the reversal of the proposed 0.5 percentage points increas in the Value-Added Tax (VAT) by Finance Minister Enoch Godongwana that the proposed on Thursday.Francois Rossouw, CEO of Southern African Agri Initiative (Saai), on Friday said that the reversal of... Read more »
  • China: Tailwinds persist despite trade turbulence
    By Brian ArceseChinese equities entered 2025 with positive momentum. Years of policy overhangs were finally beginning to lift. The combination of renewed stimulus, stabilising property markets, and a tech-sector rebound had markets pricing in a turning point. That optimism was tested in March, when the United States imposed sweeping new... Read more »
  • Business Rescue puts Tongaat Hulett back on track
    By Dave HowellsTongaat Hulett is unquestionably one of South Africa’s most vital sugar producers. Tongaat Hulett continues to operate effectively and is firmly on the road to recovery in anticipation of  the successful implementation of its business rescue plan.Business rescue is, by nature, a complex process that requires a careful balancing of  competing interests while providing a lifeline to companies... Read more »
  • Warning signs emerge as ITAC reviews tariffs for renewable energy sector
    The renewable energy sector in South Africa faces potential upheaval as the International Trade Administration Commission (ITAC) reviews 82 tariff codes, a move which has been flagged by industry experts as having more penalties than incentives. As various stakeholders await the final review, expected by the end of the year,... Read more »
  • IMF warns Sub-Saharan Africa is grappling with external headwinds as growth projections dim
    The International Monetary Fund (IMF) has warned that the spectre of escalating trade tensions, combined with rising financial costs in developed economies, will complicate the economic landscape for sub-Saharan Africa.IMF director of the African Department, Abebe Selassie, said on Friday the sentiment surrounding sub-Saharan Africa was cautiously optimistic six months... Read more »
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    Unusual Investments

  • How Much Money Do Barber Shop Franchises Make?
    Is it worth investing in a franchised barber shop? What are Barber Shop Franchises? You don’t need a franchise to open a barber shop in a random strip mall. However, many entrepreneurs do elect to go with a brand name franchise. Many owners come from outside the barber shop business... Read more »
  • How Much Money Does YouTube Pay?
    Many people see YouTube as a way to generate supplemental income; the perfect side hustle that pays you while you sleep. The reality is that you need to put in some serious work and be covering a topic people are interested in, before you can expect to generate any income... Read more »
  • How Much Money do Drive-Through Coffee Franchises Make?
    America’s appetite for coffee is huge. And while it seems like Starbucks is everywhere, there are still an enormous number of competitors out there. The fact that Starbucks sometimes builds locations practically on top of each other is testament that they can’t count on people to go out of their... Read more »
  • An Unbiased Review of Nomad’s Guaranteed Rent Offer
      If you own a residential rental property, you have surely contemplated what will happen if your tenant does not pay rent. You will have to remind the tenant that the rent is due, they will come up with excuses, and at some point if the rent is still unpaid,... Read more »
  • If You Received PPP, You Should Check to See if You are Eligible for ERC
      Even though the PPP program ended in 2021, there is still a way for business owners to receive money if there business was negatively affected by the pandemic. It’s called called ERC, and even if you received PPP money in 2020 or 2021, you should check to see if... Read more »
  • VideoHow Much Money do Trash Bin Cleaning Companies Make?
      Most people don’t even know that trash bin cleaning companies exist.  However, this won’t be the case for long as these companies are growing quickly and becoming much more popular with consumers. People aren’t necessarily looking to add a new monthly bill to their list of things to pay... Read more »
  • Should I Invest in an Allstate Insurance Agency? [2023]
      We’ve previously covered the small business opportunity to purchase or start an Allstate insurance agency.  Unlike other national brands such as McDonald’s, UPS Store, Ace Hardware, 7-Eleven, etc., you don’t actually have to pay a franchise fee.  You just need to be approved, show adequate amounts of liquid reserves... Read more »
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    City AM

  • Gerry Adams’ libel case against BBC kicks off
    Gerry Adams is suing the BBC for defamation over a programme it ran that alleged he sanctioned the murder of an informer... Read more »
  • Tennis rocked as another Grand Slam winner gets anti-doping ban
    Tennis has been rocked by another Grand Slam champion breaching anti-doping rules after Australian doubles star Max Purcell accepted an 18-month ban. Purcell, 27, who has won the Wimbledon and US Open men’s doubles titles, did not test positive for a banned substance but admitted to exceeding limits for intravenous... Read more »
  • National Express owner’s chief executive runs out of road
    Mobico’s chief executive is to step down as the group struggles to turnaround persistent financial struggles. Ignacio Garat will depart at the end of April after nearly five years in the top job, in which he oversaw the group’s rebrand from National Express in 2023. Mobico chair Phil White, who... Read more »
  • High-tax Britain is losing the race for global talent
    High taxes, fiscal drag and the cost of living mean London is no longer the destination of choice for skilled employees – and competitors like the Basque Country are feeling the benefits, says Ivan Jimenez I’m a proud native of the Basque Country in northern Spain, but having spent a... Read more »
  • Cotswold Outdoor racks up a decade of losses
    The firm behind Cotswold Outdoor has failed to make a pre-tax profit for a decade but the retailer did significantly cut its losses in 2024, it has been confirmed. The Wiltshire-headquartered retailer has posted a pre-tax loss of £380,000 for its latest financial year, down from the £7.3m it reported... Read more »
  • BP shares plummet as firm chops buyback amid weakened oil market
    British energy giant BP chopped its quarterly share buyback after President Donald Trump’s erratic tariff agenda sent the price of oil tumbling. BP cuts its buyback to $750m (£559m), compared to $1.75bn the previous quarter. The firm’s shares dropped nearly four per cent in early trading on Tuesday. This comes... Read more »
  • Gymshark: Record sales as brand continues global expansion
    Gymshark, the activewear brand co-founded by self-made billionaire Ben Francis, has seen its revenue pass the £600m for the first time. The Solihull-headquartered business has posted sales of £607.3m for the year to 31 July, 2024, new accounts filed with Companies House have revealed. The latest total comes after Gymshark... Read more »
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    Reuters Best

  • Japan finance minister ‘deeply concerned’ over Trump tariff impact
    Japan is "deeply concerned" about global economic fallout from U.S. President Donald Trump's trade tariffs, Finance Minister Katsunobu Kato said on Thursday in the government's strongest warning yet as the two nations began trade talks. The post Japan finance minister ‘deeply concerned’ over Trump tariff impact appeared first on Reuters... Read more »
  • US tariffs may cost chip equipment makers more than $1 billion, industry estimates
    U.S. President Donald Trump's new tariffs could cost U.S. semiconductor equipment makers more than $1 billion a year, according to industry calculations discussed with officials and lawmakers in Washington last week, two sources familiar with the matter said. The post US tariffs may cost chip equipment makers more than $1... Read more »
  • Insight: LVMH finds making Louis Vuitton bags messy in Texas
    Reuters revealed that LVMH's Louis Vuitton factory in Texas, opened with great fanfare in 2019, has consistently ranked among the brand's worst-performing facilities globally, with issues including high leather waste rates and quality issues, according to multiple former employees. The post Insight: LVMH finds making Louis Vuitton bags messy in... Read more »
  • Intel CEO invested in hundreds of Chinese companies, some with military ties
    Lip-Bu Tan, the man chosen to lead Intel, the U.S.'s largest chip maker, has invested in hundreds of Chinese tech firms, including at least eight with links to the People's Liberation Army, according to a Reuters review of Chinese and U.S. corporate filings. The post Intel CEO invested in hundreds... Read more »
  • Apple airlifts 600 tons of iPhones from India ‘to beat’ Trump tariffs, sources say
    Tech giant Apple chartered cargo flights to ferry 600 tons of iPhones, or as many as 1.5 million, to the United States from India, after it stepped up production there in an effort to beat President Donald Trump's tariffs, sources told Reuters. The post Apple airlifts 600 tons of iPhones... Read more »
  • Andreessen Horowitz seeks to raise $20 billion megafund amid global interest in US AI startups
    Venture capital firm Andreessen Horowitz is seeking to raise about $20 billion in what will be the largest fund in its history, to capitalize on global investors' interest in backing U.S. artificial intelligence companies, sources told Reuters. The tech investment firm, known informally as a16z, has told limited partners that... Read more »
  • OPEC+ unexpectedly speeds up oil output hikes, oil drops | Reuters
    Reuters was first to report on April 3 that OPEC+ had agreed to increase oil output in May by a larger amount than the market had expected, prompting global oil prices to deepen earlier declines. The post OPEC+ unexpectedly speeds up oil output hikes, oil drops | Reuters appeared first... Read more »