Category: Face
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Europe’s ski resorts face ‘existential crisis’ from climate crisis
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Europe’s leading ski resorts face an “existential crisis” over the coming decades, as climate change threatens to permanently remove the snow covering their popular slopes. The World Meteorological Organization (WMO) says global warming has caused the “zero level” at which snow settles to rise by about 250 meters in the…
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145 factories face closure over Nairobi River pollution
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The Ministry of Environment has warned that it will close 145 factories and slaughterhouses over dumping solid waste into the Nairobi River. This comes as Cabinet Secretary for Environment, Aden Duale, announced the recruitment of 10,000 youth to clean up the polluted Nairobi River. Duale told the National Assembly’s Defence,…
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Businesses backed by private equity face heightened default risks, warns Bank of England
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The Bank of England has warned that companies owned or backed by private equity firms are at greater risk of default than other large companies. According to new research, these companies are more vulnerable to financial instability, especially when compared to companies that rely primarily on traditional lenders such as…
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Address policy hurdles agricultural sector SMEs face to spur job creation
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Agriculture is the key to Africa’s economic recovery. The African Development Bank expects the sector to generate $1 trillion in profits by 2030. Therefore, there is a need for bold agricultural reforms that strengthen smallholder farmers and direct investments towards this sector. Study of the 2022 Alliance for a Green…
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CEOs face Sh3m fines, jail for failure to set up whistleblower system
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Chief executives of public and private companies face a Sh3 million fine and up to 24 months in prison for failing to set up a whistleblower system, the attorney general’s office said in a draft bill, as the government makes fresh efforts to curb fraud and loss of public funds.…
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Why importers face losses on KRA impasse with insurers
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Importers face the risk of higher storage costs as thousands of shipments are delayed due to disputes between the Kenya Revenue Authority and insurance companies over new fees imposed on the system used to process customs bond insurance. Customs bond insurance is a guarantee to the Kenya Revenue Authority that…
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DOT, POL, XRP, ADA face a tough rival expected to rise from $0.03 to $15 by end of 2024
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. A new digital asset poised to rival DOT, POL, XRP, and ADA, with an expected rise from $0.03 to $15 by the end of 2024. Cryptocurrencies like DOT, POL, XRP,…
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DOT, POL, XRP, ADA face a tough rival expected to rise from $0.03 to $15 by end of 2024
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. A new digital asset poised to rival DOT, POL, XRP, and ADA, with an expected rise from $0.03 to $15 by the end of 2024. Cryptocurrencies like DOT, POL, XRP,…
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72% of UK firms face skills gaps, turn to AI and upskilling amid £275m productivity loss
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The UK skills gap continues to widen, with 72% of businesses reporting shortages in critical areas such as AI, data analytics and cybersecurity – up from 69% in 2023, according to DocuSign’s 2024 Digital Maturity Report. As a result, companies are increasingly turning to “quiet hiring,” upskilling their existing employees…
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Two million self-employed workers face pension crisis, warns IFS
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The Institute for Fiscal Studies has warned that nearly two million self-employed workers in the UK face an imminent pension crisis due to insufficient savings. The latest report reveals that only 500,000 self-employed people earning more than £10,000 a year contribute to a pension, leaving 1.8 million people with no…
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Turkish firms face wave of closures amid economic reckoning By Reuters
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Written by Seda Caglayan and Ezgi Erkoyun COROM, Turkey (Reuters) – It is hard for Dogan Duman to see how he can keep his clothing factory in central Turkey open much longer, even after firing a third of his staff to cut costs that have soared for companies across the…
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Four million pensioners face council tax hike as single-person discount under threat
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Millions of pensioners living alone could face higher council tax bills if Housing Minister Angela Rayner scraps the 25% single occupant discount, potentially exacerbating financial pressures as they also face losing winter fuel payments. The analysis reveals that around half of the 8.4 million people affected by the potential abolition…
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Renault CEO says sector could face billions in fines as EV sales slow By Reuters
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PARIS (Reuters) – Europe’s car industry could face fines of up to 15 billion euros ($17.4 billion) over carbon emissions as demand for electric vehicles slows. Renault “The EPA’s chief executive, Luca de Meo, said on Saturday: Carmakers face tougher EU CO2 emissions targets in 2025 with the cap on…
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Toncoin (TON) Must Reclaim $4.70 Support Or Face Potential 45% Drop, Analyst
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Ronaldo is an experienced crypto enthusiast who is dedicated to this emerging and ever-evolving industry. With over five years of intensive research and tireless dedication, he has developed a deep interest in the world of cryptocurrencies. Ronaldo’s journey began out of curiosity, which soon turned into a deep passion to…
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Toncoin (TON) Must Reclaim $4.70 Support Or Face Potential 45% Drop, Analyst
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Ronaldo is an experienced crypto enthusiast who is dedicated to this emerging and ever-evolving industry. With over five years of intensive research and tireless dedication, he has developed a deep interest in the world of cryptocurrencies. Ronaldo’s journey began out of curiosity, which soon turned into a deep passion to…
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Safe-haven yen gains, Aussie wobbles as edgy markets face US jobs test By Reuters
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By Kevin Buckland TOKYO (Reuters) – The safe-haven Japanese yen rose on Wednesday while riskier currencies such as the Australian dollar and the British pound fell as traders rushed to take on risk after the worst sell-off in nearly a month on Wall Street and heavy losses in Asian shares.…
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Shiba Inu & Avalanche face uncertainty; Rollblock captures crypto whales’ attention
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. As Shiba Inu and Avalanche tumble, crypto enthusiasts are flocking to Rollblock’s presale, which raised over $2.5 million in the presale. Shiba Inu and Avalanche have been on a downward…
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British holidaymakers to face €7 EU visa waiver by next summer
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British tourists planning trips to Europe will soon have to budget for a €7 visa waiver as the EU prepares to introduce the European Travel Information and Authorisation System (ETIAS) by the middle of next year. The EU confirmed that the scheme, which applies to more than 60 countries outside…
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Working parents face additional £1,683 monthly childcare costs during summer holidays
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A new study has revealed the huge financial burden faced by working parents in the UK during the summer holidays, with childcare costs rising by an average of £1,683 a month. This increase in expenses is forcing many parents to reconsider their employment options, with some unable to stay in…
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Working parents face additional £1,683 monthly childcare costs during summer holidays
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A new study has revealed the huge financial burden faced by working parents in the UK during the summer holidays, with childcare costs rising by an average of £1,683 a month. This increase in expenses is forcing many parents to reconsider their employment options, with some unable to stay in…