Business

The Trans-Pacific Partnership (TPP) was the largest ever United States-proposed trade deal and took years to put together, but US President-elect Donald Trump has promised to withdraw from the deal on his very first day in office. Check also: China Donated Food To Help Zimbabwe Solve Hunger Problem The TPP, signed by 12 countries in February 2016, covers 40 percent of ...

Facebook CEO Mark Zuckerberg lost $3 billion on Thursday, as Facebook’s shares dropped more than 5.6 percent after its quarterly earnings report. Check also: Facebook co-founder, Dustin Moskovitz Commits $20 Million To Help Democrats In 2016 Election Facebook’s chief financial officer David Wehner said on Wednesday that Facebook’s ad load — a key driver of Facebook’s growth — could “come down meaningfully” after mid-2017. ...

Before Grant Cardone built five businesses and a multi-million-dollar fortune , he was deep in debt and addicted to drugs. It was advice from his mom that ultimately helped him dig himself out of the hole. Check also: Mark Cuban Doubts If Trump Is Really A Billionaire “The best business advice I’ve ever been given was from my mother, who was never actually ...

Nigerian oilman Muhammadu Indimi is one of Africa’s most successful businessmen. Indimi, who has a net worth of $500 million according to FORBES Magazine’s 2015 ranking of Africa’s richest people, is the founder of Oriental Energy Resource Limited a leading privately owned Nigerian oil exploration and production company. Oriental, which he founded in 1990, has three projects offshore of Nigeria’s Niger Delta region. ...

Gold is now Uganda’s second largest export commodity after coffee, after posting historical highs in the last three-quarters of the financial year 2015/16. Check Also: Uganda Loses Shs3B Daily In South Sudan Conflict According to the Bank of Uganda’s (BoU) 2015/16 annual report, the gold exports value during the financial year rose to $204m (Shs693b) from a paltry $230,000 (Shs782m) in ...