With all its interest in tech gadgets and automation, it's easy to think Japan would be on the forefront of mobile phone and Internet-based banking—but it isn't. In fact, Japan has one of the lower rates of mobile banking adoption in the world behind India and Nigeria. Japanese customers have a preference for cash, and visiting luxurious bank branches to access their cash.
While it is common to think of Africa as a continent poised for growth, the situation differs across many of its fifty-five countries. The falling price of oil has meant that oil-exporting countries (e.g., Nigeria, Ghana, Angola) are seeing much lower revenues. Meanwhile, countries that depended on minerals and other commodity sales to China have also seen growth slow. But both the Democratic Republic of Congo and Ethiopia are expected to have more than 8 percent GDP growth this year. As a result, there are still good investment opportunities in Africa, depending on the country and the sector of the economy.
How has Wal-Mart reduced its tax burden in recent years?
SodaStream and other companies operating in East Jerusalem and the West Bank are facing boycotts. Do these Israeli companies provide a path to peace or further poverty and the denial of rights?
A new way to scam people out of their mobile phone access could cost carriers billions this year.
Carriers around the world will suffer an estimated $3.6 billion in losses from fraudulent account takeovers.
Canonical’s founder Mark Shuttleworth has crowdfunded millions of dollars to develop a super-superphone: a single device with phone and tablet capabilities that mimics all the functions of a PC. Will the numbers work?
Abundant natural gas in the U.S. is driving investment in chemical, plastics, and fertilizer plants on the Gulf Coast.
It worked before, and Nissan is betting it will work again. Nissan is dusting off its Datsun brand and will sell cars starting at less than $6,650 in Indonesia, Russia, and South Africa.
In South Africa, banks and mobile phone service providers compete to offer banking and mobile payments.
SAB Miller sells 46 local beer brands across Africa, and produces locally to lower costs and excise taxes.
M.A.C. cosmetics finds sales opportunities for its high-end products in ethnic areas and emerging markets.
Estee Lauder is using its M.A.C. cosmetics line, a hit with ethnic consumers at home, to enter emerging markets.
Providing free services with social benefits is part of IBM's strategy in Africa.
Some $15 billion in takeovers have been announced in July, with the latest being Wal-Mart's agreement to buy South African retailer Massmart.
Wealth and corporate savvy have turned a young nation into a regional powerhouse.