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Month: August 2023

August 15, 2023 Fundamental Insights, Latest News

MTN Nigeria – Transforming the Nigerian Telecommunication Industry

Company Overview  MTN Nigeria Plc., the largest telecommunications company in Nigeria with an estimated 42.5% market share, has unarguably been a force to be reckoned with in the communications industry since 2001 when it commenced operations in Nigeria. The telecommunication…

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August 12, 2023 Developed Markets, Financial Services, Latest News

Retail sales take a hit as summer rain pours cold water on demand

Weekly Market Snapshot The UK BRC retail sales monitor for July showed a growth of 1.8%, falling short of the expected 3.0%. Behind the headlines: What happened? Retail sales in the United Kingdom climbed 1.8% on a like-for-like basis in…

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August 12, 2023 Developed Markets, Financial Services, Latest News

US Inflation Rises Below Expectations!

Weekly Market Snapshot  United States inflation shows optimism as prices rose below forecasts to 3.2% in July 2023  Behind the Headlines: What happened? The consumer price index, which measures the level of prices, witnessed an increase to 3.2% on a…

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August 12, 2023 Emerging Markets, Financial Services, Latest News

Inflation Figures Nailed It!

Weekly Market Snapshot  Mexico’s Inflation Keeps its Cool, Slowing for the Sixth Consecutive Month as Predicted. Behind the Headlines: What happened? Mexico’s inflation continues its downward dance, easing for the sixth straight month to 4.79%, as shown by data from…

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August 12, 2023 Emerging Markets, Financial Services, Latest News

Investor Confidence in Kenya Takes a Nosedive

Weekly Market Snapshot Negative Credit Rating Compound on Kenya’s Macroeconomic Misery as Debt Servicing Situation Worsens Behind the Headlines: What Happened? Investors’ confidence plummeted in Kenya over allayed fears of compounded woes in the Kenyan macroeconomic space. The woes originated…

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August 11, 2023 DE&I Services, Latest News

Diversity, Equity, and Inclusion: All for One or One for All

The critical importance of promoting awareness about effective workplace DE&I initiatives was highlighted once again. According to the annual performance report published by the Equal Employment Opportunity Commission (EEOC), discrimination charges increased by 20% in March 2023 compared to the…

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August 5, 2023 Emerging Markets, Financial Services, Latest News

Vietnam Do Not Fret, Your Economy is Growing!

 Weekly Market Snapshot Vietnam’s second quarter GDP endures bearish economic conditions Behind the Headlines: What happened? The gross domestic product of Vietnam expanded by 4.14% in Q2 2023 from 3.28% in the preceding quarter, as the economy continued to respond…

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August 5, 2023 Developed Markets, Financial Services, Latest News

A ray of hope shines in the Euro Area

Weekly Market Snapshot Headline inflation in the Eurozone was 5.3% in July, down from 5.5% in June but above the European Central Bank target for the bloc. Behind the Headlines: What happened? Europe’s economy is weathering the storm and displaying…

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August 5, 2023 Developed Markets, Financial Services, Latest News

US Manufacturing Shows Signs of Recovery!

Weekly Market Snapshot The manufacturing sector in the United States showed optimism of stabilizing in July 2023.  Behind the Headlines: What happened? The health of the US manufacturing sector was the central focus this week as the latest report from…

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August 5, 2023 Emerging Markets, Financial Services, Latest News

Bold Slash: Brazil Surprises!

Weekly Market Snapshot: The Apex Bank of Brazil cuts interest rate by half percentage point to 13.25% Behind the Headlines: What happened? Brazil’s central bank surprised the markets with a bold move, slashing interest rates by 50 basis points, leaving…

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