Tiger Woods is still recovering from the devastating car crash that nearly claimed his life, but he’s still getting to the money. According to TMZ, the modern-day golf legend has just signed a massive deal with 2K and HB studios to form what the company is calling an “exclusive, long-term partnership” for their “PGA Tour 2K”...
Month: <span>March 2021</span>
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LG mobile is Shutting Down – Life’s Not Good
LG Electronics is considering to end its mobile business rather than to sell its operations. According to Bloomberg, this comes after failed negotiations with Germany’s Volkswagen AG and Vietnam’s Vingroup JSC on possible sale of the smartphone business unit. The beginning of January this year, LG Electronics’ CEO Kwon Bong-eok had said all options were...
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Latest Mzansi Business Headlines You Need to Know
UIF recovers R2bn in wrong TERS payments The Unemployment Insurance Fund (UIF) had recovered more than R2 billion that was inappropriately paid out last year in the fund’s Temporary Employer-Employee Relief Scheme (TERS). SA gets new power producers Government has approved eight preferred independent power producers to produce 1 845 MW additional electricity to support Eskom. The companies,...
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Flutterwave Collab with PayPal to make Payments Seamless to African Merchants
Nigerian fintech companies are making moves and the the world is paying attention. After closing a $170 million Series C funding round, Nigerian FinTech startup Flutterwave has announced a new collaboration with payments giant PayPal to allow customers worldwide the option of sending and receiving payments from African merchants, TechCrunch reports. According to the outlet, it has been...
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Idris Elba join Forces with HarperCollins to Publish Children’s books
International actor and ladies favourite gentleman Idris Elba is venturing into children’s books. According to The Hollywood Reporter, the award-winning actor has inked a global multi-book deal with HarperCollins to publish a range of children’s books. The deal includes both fiction and picture books that Elba has developed with his writing partner Robyn Charteris whose credits include...
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Five Basic Fundamentals of Entrepreneurship
As an entrepreneur, you’re given a platform to shine and contribute equally to a growing economy. And with that comes a load of responsibility. Especially financially as you’re managing not only your business finances but also not allowing them to cross over into your personal finances. Here are 5 Basic rules of entrepreneurship that should assist you in not mixing personal finances with business...
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Universal and Boomplay Strike Deal to Expand Licensing to 47 Countries Across Africa
Universal Music Group has struck an expanded deal with African music streaming service Boomplay to extend licensing of UMG’s global music catalog to upwards of 47 countries across Africa, Music Business Worldwide reports. These new markets include key territories in countries such as South Africa, Ethiopia, Côte d’Ivoire, Cameroon and Senegal. News of the expanded deal...
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NFVF And Netflix Sign Partnership To Fund Local Filmmakers
The National Film and Video Foundation (NFVF), an agency of the Department of Sport, Arts and Culture, is proud to announce its latest partnership. Netflix, the world’s leading streaming service with 204 million subscribers globally is joining forces with the NFVF in a partnership valued at R28 million to produce six South African feature films....
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BMW’s first electric Sedan Revealed
BMW has pulled the wraps off of the exterior of its first electric sedan, the i4, after years of teasing a true follow-up to the i3 EV. The i4 is slated to hit the road by the end of the year — ahead of schedule, the company says — and BMW said Wednesday that it will also...
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High fuel Price Increases on the cards for March & April
Fuel levy increases at a difficult time in the country’s economy will contribute to what are expected to be extremely high fuel price increases at the end of March going into April. These increases will exacerbate the already dire financial positions of millions of South Africans, according to the Automobile Association (AA). The Association says...