M+N, the home of leading creative agency Avatar, has announced significant leadership changes to drive the company’s growth and creative excellence. These leadership changes reflect Avatar’s commitment to growth, creativity, and delivering exceptional results for clients. The company aims to continue pushing creative boundaries and maintaining its position as a frontrunner in the industry.
Author: Staff Writer
Christian Olearius, the co-owner of MM Warburg, one of Germany’s oldest private banks, has been charged with orchestrating a €280mn tax fraud scheme. If convicted on all charges, Olearius could face up to 10 years in prison. The scandal has prompted Warburg to repay €247mn to tax authorities and undergo a restructuring process. The trial highlights the extensive investigations into cum-ex trades and the potential involvement of high-profile individuals in the tax fraud scheme.
South Africa recently held its inaugural Bakkie of the Year competition, which aimed to determine the best pickup truck in the country. However, the award has sparked controversy and debate among automotive enthusiasts and industry experts.
Paper and packaging giant Mondi has sparked controversy with its decision to sell off its last remaining facility in Russia to Sezar Invest, a Moscow-based real estate development company.
Zeder, a leading investment company in the agricultural sector, has experienced a significant surge in its share price following the announcement of its decision to sell its stake in a prominent fruit distributor.
Pfizer, the pharmaceutical giant, has projected a 24% take-up rate for COVID-19 shots in the United States. This estimate signifies approximately 82 million people receiving the vaccine.
Mini, the renowned automaker known for its quirky designs, has announced the discontinuation of the Mini Clubman model. The decision comes as the growing demand for SUVs and crossovers in the automotive market overshadows unique car designs like the Clubman.
AngloGold Ashanti, a major gold mining company, has recently sold its 50% stake in the Gramalote project located in Colombia. The stake was purchased by Canadian B2 Gold Corporation for a significant amount of R1 billion.
Islamic banking, which follows the principles of Shari`ah, has been officially launched in Uganda after 23 years of lobbying and postponement. The service aims to provide financial services that align with Islamic principles to a broader range of people, including the Muslim community in Uganda.
Attacq, a JSE-listed company, has finalized a controversial R2.7bn deal with the Government Employees Pension Fund (GEPF) to finance the development pipeline in Midrand’s Waterfall City.