Archive for January 2020

NMC Health Stock Start 2020 as they Ended 2019: Down

One of the most heavily shorted stocks in the FTSE 100 and United Arab Emirates’ largest private healthcare provider share price dropped significantly in December and January. More than £2bn was wiped from the value of NMC Health PLC (LON: NMC) after there were “serious doubts” about the group’s finances in a report by US…

Read More

Why more African countries should consider Fintech: the case of M-Pesa in Kenya

Sub-Saharan Africa suffer from significant levels of financial exclusion, in particular concerning bank-based activity. Traditional banking have failed to comprehensively understand their customers’ needs and to assess financial risks, resulting in less accurate financial service provision. The positive outcome of the introduction of M-Pesa on the Kenyan economy and consumers, however, shows that other sub-Saharan…

Read More

Russia’s newly-elected Prime Minister and record-low bond yields

On 15 January, Putin’s state-of-the-union speech took Kremlin-watchers by surprise. He announced the resignation of former Prime Minister Dmitry Medvedev along with the entire cabinet, as well as a number of constitutional reforms. The latter includes granting parliament greater powers over the cabinet, judges and security services, and increased powers to the State Council. This…

Read More

Blame After Last Year’s Blackout

Following an investigation by Britain’s energy regulator Ofgem in response to a widespread power outage last August, three companies will pay a combined fine of £10.5m into a consumer redress fund. Ofgem found the widespread chaos resulting from the power cut left more than one million customers without power and caused significant travel disorder. The…

Read More

What next for the UK? Conservative Party Policy and connected impacts in a post-Brexit world.

The morning of Thursday 12th December saw Boris Johnson’s Conservative Party steam to victory over Jeremy Corbyn’s Labour, gaining a substantial majority of eighty lawmakers. Speaking in his maiden address of this parliament he promised to work ‘round the clock’ to repay his voters, calling for ‘[Brexit] healing to begin’. He hinted at many other…

Read More