Browsing Tag

market

Navigating a Pay Increase Request in Today’s Challenging Job Market

Seeking a Raise: Strategies and Steps Towards Better Compensation Not long ago, Cory Stahle, a perceptive economist at the Indeed Hiring Lab, reminded us of a curious financial nugget: employees who take the leap to a new job often see greater wage growth than those who stick with their current gig. But, alas, in a twist of irony, such jumps may not be a simple game of hop, skip, and jump. U.S. companies, often considered the heartbeat of global industry, have reduced their hiring to a rate unseen in nearly a…

Bakara Market in Mogadishu Reopens After Four-Day Shutdown Due to Tax Conflict

Mogadishu (AX) – The vibrant heart of commerce in Somalia, Bakara Market, flung open its doors again on a sunny Tuesday morning, following its temporary closure for four exhausting days. This decision emerged from critical negotiations between the nation's federal officials and the indomitable spirits of the business community. A glimmer of hope appeared as a precursor to the bustling days ahead. Productive dialogues between the esteemed Banadir Regional Business Council and the voice of the people, Speaker of the House…

Fire Contained in Hargeisa Market as Inadequate Road Access Delays Response Efforts

Hargeisa (AX) – As shadows deepened over the Gobonimo Market on a seemingly unassuming Sunday night, an unexpected inferno erupted, casting a crimson glare against the sky. The furious blaze, now quelled through tireless efforts, has etched scars of both devastation and financial despair that may take time to heal. In the wake of the conflagration, former Hargeisa Mayor Abdirahman Soltelco extended heartfelt gratitude to the heroes of the hour. "I extend my deepest thanks to the fire brigade, police force, and military…

Enormous Blaze Sweeps Through Hargeisa’s Gobonimo Market

Gobonimo Market Blaze Underlines Ongoing Vulnerabilities in Hargeisa's Commercial Centers Hargeisa (AX) — The tranquil evening air of Hargeisa was ruptured by a blaze, a fire that engulfed Gobonimo Market on Saturday. This incident starkly highlighted the underlying weaknesses of the city's vital trading zones. Are these catastrophic events becoming all too commonplace in a city heavily reliant on its markets? The North Western State of Somalia Police, through a succinct press release, confirmed the deployment of…

Emergency Declared as Blaze Engulfs Zimbabwe’s Biggest Market

In the wake of a catastrophic blaze at Mbare Musika, Zimbabwe’s largest informal retail hub, President Emmerson Mnangagwa has instituted a State of Emergency. This decision comes as a response to the widespread devastation that impacted roughly 4,000 vendors, leaving many grappling with the loss of merchandise valued in the thousands. The flames, which raged through the market, not only destroyed goods but also disrupted the livelihood of countless traders. “This unfortunate incident has turned many lives upside down,”…

Tension in the West African grain market

The price of grain has risen in West Africa in recent weeks. Maize but also millet and sorghum are more expensive in the markets due to a lack of sufficient stock and for fear of a disappointing new harvest. Again, it is a game of dominoes that increases the price of a bowl of corn or a millet bowl in West Africa. Initially,…

new fire in the international market in

The large-scale fire broke out this Easter Sunday in the early afternoon and was brought under control after 6 hours of intervention by Cotonou firefighters and around. 12,000 m² of the 180,000 area of ​​the market was affected by the flames. as reported from Cotonou, Jean-Luc AploganWhen you arrive at the scene of the…

Uncertainty will increase the automobile marketplace

In South Africa, the increase in armed vehicle attacks is driving the market for armored vehicles forward. A large American car manufacturer has even partnered with a screening company to offer its customers safe models. Romain Chanson visited this company's garage in northern Pretoria, the South African capital where these vehicles are armored.…

Uranium, a depressed marketplace that might

It is final, the exploitation of the Cominak mine; north of Niger; ends today because its reserves are depleted. A closure that takes place in a global context that is characterized by still very low prices, which undermines the mine's profitability. But China is expected to revive the market in the coming years. After 40…

Lagos stock market rise

It's Christmas before its time on the Lagos Stock Exchange in Nigeria. On Tuesday, October 6, the index jumped over the thirty largest stocks by 5.7%, the second-best result in the last fifteen years. In the last month, the Nigerian stock market has been in good shape and has gained more than 13% as the country is going through a severe recession. Never before has the connection between the real economy and finance been so striking in Nigeria. As the country struggles with a recession synonymous with job losses and deep…

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