Business

McDonald’s apologizes after store in China displayed sign banning black people

McDonald’s is issuing an apology after footage showing a notice that was being displayed inside one of its restaurants in China saying that black people were “not allowed to enter” went viral online. Again, for those who still doubt that Black people and particularly #AfricansinChina are being targeted we feel it is our duty to …

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Kylie Jenner lands youngest self-made billionaire on Forbes for second year in a row

Forbes released the annual World’s Billionaires list on Wednesday and beauty mogul Kylie remains the planet’s youngest self-made billionaire at aged 22. In 2019, the star unseated Facebook’s Mark Zuckerberg, 35, as the youngest-ever self-made billionaire – he was 23 when he made his first billion 11 years ago in 2008. Despite the controversy that …

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Jack Ma donates 500 ventilators, 500K gloves to 54 African countries

Chinese billionaire and founder of Ali Baba Group businessman Jack Ma, announced a second donation of health-care equipment to African states. This comes a few weeks after the Alibaba founder announced his foundation and the Alibaba Foundation would donate equipment to African countries to help them fight the Covid-19 pandemic which has claimed thousands of …

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Bill Gates steps down from Microsoft board to focus on philanthropy

Microsoft co-founder Bill Gates is stepping down from the company’s board so he can focus on philanthropy. Mr Gates was Microsoft’s chief executive until 2000 and has since scaled back his involvement in the company he founded with Paul Allen in 1975. He quit his full-time executive role at Microsoft in 2008 and remained as …

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Africa’s Richest Man, Dangote Loses N240 Billion In Five Hours Due To Coronavirus

Africa’s richest man Aliko Dangote on Wednesday lost more than N240 billion in five hours as the effect of the coronavirus bit harder on the Stock Exchange. Dangote’s firms under the parent-company ‘Dangote Group’, suffered huge losses just after the World Health Organisation (WHO) declared coronavirus a pandemic (spreading in multiple countries around the world at the …

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Hong Kong Airlines fires 400 workers and asks remaining staff to take unpaid leave as coronavirus hits travel firms

Hong Kong Airlines will cut 400 jobs and ask remaining staff to take at least two months of unpaid leave as the coronavirus outbreak worsens the weakened carrier’s financial crisis. The bulk of the cuts – which amount to about 10 per cent of its workforce – were set to fall on pilots and cabin …

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Jeff Bezos Made $13 Billion In 15 Minutes In Amazon Stock

Jeff Bezos has added a couple more commas to his bank account, after Amazon’s stock experienced a 12 percent surge in a matter of 15 minutes on Thursday afternoon. The surge reportedly made Jeff a whopping $13.2 billion, raising his net worth to about $129.5 billion. Bezos, 56, owns about 12% of Amazon’s outstanding stock, making …

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Bill Gates daughter engaged to Her Egyptian Showjumper boyfriend Nayel Nassar

Bill Gates’ daughter Jennifer Gates has announced her engagement to Egyptian showjumper Nayel Nassar. Jennifer, 23, on Wednesday, announced her engagement to Nassar, 28, via her Instagram page in which she shared a picture that depicted her reaction after her new fiancé proposed during a snowy ski trip “Nayel Nassar, you are one of a kind. Absolutely swept …

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‘Africa’s richest woman’ Isabel dos Santos charged with fraud

Isabel dos Santos, Africa’s richest woman has been charged with fraud which took place during her stewardship of state-owned oil firm Sonangol. Angola’s billionaire former first daughter Isabel dos Santo’s has been charged in the southern African country with money laundering and mismanagement during her stewardship of state-owned oil firm Sonangol, the Angolan prosecutor general …

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Africa ‘Will Define’ the Future of Bitcoin — Twitter CEO Jack Dorsey plans to move to Africa

Twitter chief Jack Dorsey said  that he plans to move to Africa for up to six months next year. The tech executive announced the planned move following a month-long trip visiting entrepreneurs on the continent. Dorsey, 43, has a reported net worth of $3.9 billion. “Sad to be leaving the continent…for now,” Dorsey tweeted Wednesday. “Africa will …

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