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Big Business

Big Business

Africa’s Leading Central Banks by Assets Under Management in 2024

A central bank’s Assets Under Management (AUM) serve as a crucial indicator of a country’s financial health and economic stability. These assets, which include foreign exchange reserves, gold, government bonds, and other financial instruments, play a vital role in monetary policy, currency stabilization, and inflation management. For central banks, AUM...
Big Business

Reddit Shares Drop by More Than 15% Amid User Growth Concerns Despite Strong Earnings – The Impact of Google Algorithm Changes

Reddit shares fell more than 15% on Wednesday following the company’s release of its fourth-quarter earnings, which revealed weaker-than-expected user numbers despite exceeding revenue and profit estimates. Earnings Performance vs. Estimates Reddit’s results compared with LSEG estimates were as follows: Earnings per share: $0.36 (exceeding the expected $0.25) Revenue: $428...
Leo Bottary
Big Business

Behaviors, Norms, and Culture

In a recent Harvard Business Review (HBR) article, How Constructive Dissent Can Unlock Your Team’s Innovation, Timothy R. Clark, Alistair Aitchison, and Paul Terry wrote, “If a pattern of shared behavior is a norm, a collection of norms is a culture. Norms are the primary building blocks of culture.” The...
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