Monthly Archives - October 2015

30 Oct

6 BUSINESS LESSONS FROM THE ECONET NIGERIA SCANDAL.

Mr Strive Masiyiwa, a London-based Zimbabwean businessman, entrepreneur, and philanthropist is the founder and executive chairman of diversified international telecommunications group Econet Wireless and in October 2015 he took to social media to narrate the early days of Econet Nigeria including details of what eventually drove the Econet team out of the Country. We have identified 6 powerful lessons from Strives’ expose which every entrepreneur must give adequate attention in achieving success. Strive on the importance of having a Shareholders [...]

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23 Oct

KNOW AND PROTECT YOUR RIGHTS AS A CONSUMER.

“The Customer is King” is a popular refrain, but sadly this is not the reality in Nigeria where consumers are losing hundreds of millions of Naira to inferior products, overpricing, illegal charges, unneeded products or services etc. In today’s complex marketplace we, as consumers, often run into problems with products and services. The questions are: What do you do about them? What are your legal rights as a consumer? Who do you turn to for help? Where do you find [...]

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16 Oct

SURVIVING A RECESSION

An economic downturn has an impact on both business owners and employees. With hundreds of headlines threatening uncertainty you may be finding it difficult to know what to do. If you are an employer and your business is struggling, you may be considering cutting back on your workforce. If you are an employee, you may be worried about how your employer will react to the economic downturn and how that will affect you. Our focus this week is to help you [...]

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07 Oct

HOW TO GET FINANCE FOR YOUR BUSINESS

Getting finance to kick start and run your idea can be a daunting challenge in Nigeria, and without capital it’s difficult to take your idea to the next level. In continuation of our series on Doing Business in Nigeria we now bring you several ways in which startups can access necessary capital to drive their ideas. A key starting point to raising capital is financial planning which basically involves the calculation of the amount of expenditure you will incur and [...]

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