Commerzbank CEO vows to block UniCredit takeover

Source: Pexels UniCredit recently acquired a 21% stake in Commerzbank, signalling interest in further investment and reigniting speculation about consolidation within Europe’s banking sector. However, a larger takeover attempt could face significant resistance, including political and union opposition in Germany, as well as internal pushback from some within Commerzbank, raising concerns about the feasibility of…

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Woolworths launches Denim Drop-Off programme

Image supplied As part of Woolworths’ ongoing commitment to sustainability, the initiative will see donated denim collected at designated clothing bins located at Woolworths fashion shop till points in 20 stores nationally. These items will be handed over to Taking Care of Business’ (TCB) Remake programme, where they will be transformed into newly designed products….

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Dawn raid dodging: Ensure employees don’t delete private messages

Image source: Miguel Á. Padriñán from Pexels The European Commission recently fined a European company after a senior employee deleted private WhatsApp messages during a dawn raid pertaining to a competition law violation. The WhatsApp chat in question was with a competitor and contained business-related information. This fine illustrates the growing scrutiny on digital communication…

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New UWC incubator in Bellville targets growth of township businesses

Image supplied Housed in a repurposed post office building in Bellville, this initiative will serve as a physical incubator for small, medium and micro enterprises (SMMEs), providing them with access to new markets, mentorship, and business resources. Supporting sustainable job creation through SMMEs Small businesses are critical to South Africa’s economic future. The National Development…

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New openings: Protea Hotels by Marriott expands footprint in Africa

Source: Supplied. Protea Hotel by Marriott Delta, Nigeria. These new additions highlight Protea Hotels by Marriott’s ongoing expansion on the continent, offering both business and leisure travellers contemporary comfort coupled with authentic local charm. “We are excited to expand our footprint in Africa with the opening of these two exceptional properties,” said Sandra Schulze-Potgieter, vice…

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