10 Fast growing Countries for Business Today 2017

A Quick recap from a Previous Post on Best Place to do Business Today 2017 ;

Top ten countries to Startup or Expand your business today, these countries will be categorized into two;
1.Highly Developed,
2.Developing.

                                                Highly Develop
Ranking the following countries is based on the Human Development Index which is usually referred to as HDI.Check out the list for Highly Develop countries to do Business today.

10.Denmark
9.Singapore
8.Canada
7.New Zealand
6.Germany
5.United States
4.Netherlands
3.Switzerland
2.Australia
1.Norway
                   See more detail here :- http://newsbeatdown.blogspot.com.ng/2017/06/best-places-to-do-business-2017.html

NOW!!!

               10 FAST GROWING(DEVELOPING) COUNTRIES FOR BUSINESS TODAY 2017
The rating of this Countries was done in accordance to the World Bank's latest edition of Global Economic Prospects.They are listed below;

10. Philippians
 9.  Myanmar
 8.  Cambodia
 7.  Laos
 6.  Djibouti
 5.  Tanzania
 4.  India
 3.  Nepal
 2.  Uzbekistan
 1.  Ethiopia


Ethiopia- 8.3%

 Ethiopia is the fastest-growing economy in 2017, according to the World Bank’s latest edition of Global Economic Prospects.

Ethiopia’s GDP is forecast to grow by 8.3% in 2017. By contrast, global growth is projected to be 2.7%.

The East African country’s accelerating growth comes on the back of government spending on infrastructure.

However, borrowing to finance Ethiopia’s large public infrastructure projects has led to a rise in public debt, which increased by more than 10% of GDP between 2014 and 2016, and now exceeds 50% of GDP.

Many emerging market economies have high levels of public debt, and the World Bank says it is concerned about this because it could drag down growth.

Worsening drought conditions could also affect Ethiopia's growth, says the report.          

Uzbekistan- 7.6%

Uzbekistan has the second-fastest-growing economy, with projected growth of 7.6% thanks to rising oil prices, begin global financing conditions, robust growth in the Euro Area, and generally supportive policies among governments of several large countries in the region.

     On Business:- 

The Republic of Uzbekistan is a leading industrial country in Central Asia. The distinctive features of the country are highly developed automobile, airplane and machine building, metallurgy, natural gas and oil processing, chemical, textiles, food processing and other industries.   

Nepal-7.5%

Nepal is next, with a 7.5% projection. Nepal’s growth has rebounded stronglyfollowing a good monsoon, reconstruction efforts after the 2015 earthquake and normalization of trade with India, says the Bank.
Nepal got too crisis all around electricity, water, fuel, communication, inflation. Remember crisis is an opportunity for an entrepreneur, and for us to become a multi-millionaire while serving Nepal and beyond.

Reasons to Invest;

There are many reasons why you should start your business in Nepal like number of educated people are increasing day by day which has resulted in increase in number of job seekers, people with new innovative ideas, hardworking,enthusiastic people Nepal has capacity in various sectors that helps you to earn billions of dollar. For e.g. electricity, tourism,agro-based industry.

India- 7.2%

India is the fourth-fastest-growing economy with 7.2% projected growth, thanks in part to a rise in exports and an increase in government spending. Business boom in India with various investment opportunities on an international level.

Others;

Among the other top 10 performers are Djibouti and Laos with 7% and Cambodia, the Philippines and Myanmar with 6.9%.

China, despite experiencing a slowdown and an economic transition, was in 16th place with 6.5% expected growth, helped by robust consumption and a recovery of exports.

  

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Best Place to do Business 2017 (Business Today)

                                        Ever Thought of where to do business today 2017 ?
At Business Today we bring to your doorstep Top ten countries to Startup or Expand your business today, these countries will be categorized into two;
1.Highly Developed,
2.Developing.   
        Note; This post covers highly developed countries only,insight for your business startup and expansion.  

                                                Highly Develop
Ranking the following countries is based on the Human Development Index which is usually referred to as HDI.Check out the list for Highly Develop countries to do Business today.

10.Denmark
9.Singapore
8.Canada
7.New Zealand
6. Germany
5.United States
4.Netherlands
3.Switzerland
2.Australia
1.Norway
                         
 Denmark-0.900
                

Denmark ranks 10th in the highly developed countries in the world using the Human Development Index(HDI). These a good country to startup or expand your business enterprise given that it has a standard  to ensure business growth.The country ranked as the 19^th country in the world in GDP (PPP) per capita which is $37,794, has the highest level of income equality, ranked high by workers’ rights and economic freedom, is the Europe’s easiest place for doing business, has the freest labor market, offers low costs for establishing business and has high standard of living. The life expectancy in Denmark is 79.5 years to be 77 among men and 82 among women.

Singapore-0.901 

 With Singapore ranking 9th in the world most developed countries,it scores 0.901 in the Human Development Index.The main reasons behind ranking Singapore among the highly developed countries are the high standard of living, being ranked as the 3^rd country in the world by its GDP (PPP) per capita which is $64,584, global and diverse economy which is mainly based on trade and manufacturing, high income inequality, excellent health care, perfect education, competitive and innovative economy, has the 2^nd freest economy,a great country for business, low corruption, low unemployment rate and is ranked as the 4^th country in the world in terms of life expectancy which is 80 years for males and 85 for women.

Canada-0.902 

  Canada ranks 8th.It was given a high score of 0.902 by the Human Development Index (HDI) to be the 8^th highly developed country in the world. Canada is placed in this position for being the 9^th country in the world by GDP (PPP) per capita which records $44,656, the average life expectancy which is estimated to be 81 years, has one of the most advanced and largest economies in the world that is mainly based on the abundance of natural resources and trade, has a high quality of life which is completely satisfactory for its people, is the happiest country in the world,conducive for business, has economic freedom, is one of the most educated countries for its perfect education and its economy is highly dominated by service industry.

New Zealand-0.910

 New Zealand ranked as the 7^th highly developed country in the world for the score that it got in the Human Development Index (HDI) as it has a score of 0.910. New Zealand is placed as the 30^th country in the world for its GDP (PPP) per capita which records $30,493, has a high standard of living and has a life expectancy of 80.2 years for males and 84 years for women. The modern and developed economy in this country is chiefly based on tourism, wine, meat and dairy products and the country has one of the freest economies.Gives Business opportunities for investors and several business to expand in the country for a better economy  

 Germany-0.911

The score that Germany got by the Human Development Index (HDI) is 0.911 which makes this country ranks as the 6^th most developed country in the whole world. Germany has a life expectancy of 80.19 years to be 77.93 years among men and 82.58 years among women. It comes as the 16^th country in the world by its GDP (PPP) per capita which is estimated to be $41,248. Germany has the 4^th largest economy in the world, is ranked as the 3^rd largest importer and exporter of goods making it a business habitat,encourages market value for investors and investment, has a social market economy and has an extremely high standard of living. The health care system in Germany is considered to be the oldest universal one in the whole world.

United States-0.914 

 Most people may have thought that the United States is highly ranked on the list of the most developed countries in the world but unfortunately this is not true as it comes just at the 5^th place on the list and this is because of its score which is 0.914 in the Human Development Index (HDI). The United States has a GDP (PPP) per capita of $54,980 to be ranked as the 6^th country in the world by GDP and the overall life expectancy in it is just 78.4 years to be lower than other countries on this list. The largest national economy in the world can be found in the United States and its prosperous and capitalist mixed economy is chiefly based on the high productivity and the abundant natural resources,a big business market for the world's economy,all forms and levels of business gets involve in the market . The United States is one of the largest manufacturers in the whole world and the percentage of those who live poverty in this country is estimated to be 14.5% of the whole population.

Netherlands-0.915

 Netherlands ranked as the 4^th most developed country in the world by the Human Development Index (HDI) with a high score of 0.915. Netherlands also comes as the 12^th country in the world by GDP (PPP) per capita which is $42,586, has a high life expectancy of 83.21 years for females and 78.93 years for males, has economic freedom, high quality of life and those who live in Netherlands are very happy since the country is ranked as the 4^th happiest country in the world. The developed economy in Netherlands chiefly relies on the international trade and this is why its economy is considered to be extremely open.Business place for international business personal with great investment plans.

Switzerland-0.917

 Switzerland given a high score of 0.917 by the Human Development Index (HDI) to be ranked as the 3^rd most developed country in the world. The GDP (PPP) per capita in Switzerland is $47,863 to be the 8^th country in the world by GDP and the life expectancy is 80.4 years among men and 84.7 years among women. Switzerland is renowned for its wealthy, powerful and high-tech economy, is considered to be the world’s most expensive country to live in, has low business corruption, high economic competitiveness, economic freedom, low unemployment rate and high quality of life.

Australia-0.933

 Who would have taught Australia's position? Australia got 0.933 which makes it the 2^nd most developed country in the world by the Human Development Index (HDI). Australia is placed as the 10^th country in the world by its GDP (PPP) per capita which is $44,346 and the life expectancy in it is estimated to be 79.5 years among males and 84 years among females. Australia is one of the wealthiest countries in the world thanks to its developed and large economy, it offers high incomes, has high quality of life, excellent education, perfect health care, economic freedom and its economy relies chiefly on telecommunications, manufacturing, banking and mining.A big business market for investing into telecommunications,manufacturing,banking and mining.

                       Finally the First and most developed country for business today

 Norway-0.944

Here is the most developed country in the world. It is highly ranked on the list of the highly developed countries in the world by the Human Development Index (HDI) with the highest score of 0.944. Norway comes as the 4^th country in the world by GDP (PPP) per capita which records $55,398 and the life expectancy in this country is high as it records 80 years for males and 84 years for females.
Norway is ranked among the top countries in the world in terms of having the highest standard of living, has a perfect universal health care and it is ranked as the largest producer of natural gas and oil in the whole world excluding the Middle East. Economy in Norway chiefly relies on the extensive reserves of natural resources such as minerals, natural gas, petroleum, hydropower, fresh water and seafood. In Norway, you can also enjoy high quality of life, low unemployment rate and democracy since it was ranked before as the most democratic country in the world.

            Check out our next post on developing countries(fast growing countries) to startup or expand  your business today.

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Economic meltdown 2017 in Africa with Business today(Nigeria a case study)

This Quick review would be based on findings gather from several published article for the first Half of the year. In various aspect of the country's economy(Nigeria) business today would give a complete beat down of all you for the first Half of the year.
               
                  1.   Crude oil the country's Number 1 asset for Income.
     
With Nigerian President Muhammadu Buhari in absentia suffering from an undisclosed illness, the country's National Bureau of Statistics reported this week that the economy contracted 1.5 percent last year for the first time in nearly 25 years. Although Vice President Yemi Osinbajo is handling day-to-day management of the country, analysts say Nigeria's mounting woes require steady leadership.
Like most OPEC member states, the former emerging market standout has found itself on the wrong side of oil prices that remain far too low to bolster an economy heavily reliant upon crude production.
The troubles of Africa's largest economy have been exacerbated by a debilitating currency shortage. The International Monetary Fund forecasts Nigeria will only see "modest growth" of less than 1 percent this year, and inflation is running in the double digits. It all suggests relief for the beleaguered country appears far off.
"Shortage of foreign exchange is very severe," explained Win Thin, global head of emerging market currency research at Brown Brothers Harriman. "Foreign investors today face very long delays in repatriating funds out of Nigeria."
The shortages were first caused by lower oil prices, but policymakers ultimately made the situation worse by pegging the Nigerian naira [its official currency] at a rate analysts say was overvalued. "As such, markets are not clearing and there are shortages of FX".

                      2.  The Dated Source of this Melt down
 Nigeria's economy came to be defined by recession and devaluation in 2016, pressing home the point that Nigeria's growth and exchange rate stability in the decade-and-half from 2000 to 2014 had been entirely dependent on favourable global commodity cycles.
  Weak commodity prices brought Nigeria's growth to very abrupt end and inflicted heavy bouts of devaluation to the Naira. It should be noted that Nigeria's growth would have been more resilient if the country had a better rail transport and energy infrastructure that would have underpinned higher value addition in industry.
Both the recession and devaluation resulted from foreign exchange shorted inflicted by the collapse in Nigeria's annual exports receipts from about $100 billion up till 2014, to less than $50 billion since 2015 because of the fall in oil price.   
                        
                                          Finally,
 For the Second Half of the year in Nigeria, to recover would be premised by luck, cyclical upturn, rather hard work, countercyclical policies or economy or economic reforms. Assuring the sustenance of the recovery will require more than luck. Policies would be required to open Nigeria up for investment inflows that will rebuild rail transportation and energy infrastructure now, and create much needed external reserve buffers that would help Nigeria withstand future cyclical swings.
  
            " Business Today with knowledge wealth and power".
            

Nigeria’s recovery in 2017 is currently premised on luck, cyclical upturn, rather than hard work, countercyclical policies or economic reforms. Assuring the sustenance of the recovery will require more than luck. Policies would be required to open Nigeria up for investment inflows that will rebuild rail transportation and energy infrastructure now, and create much needed external reserve buffers that would help Nigeria withstand future cyclical swings. Read more at: https://economicconfidential.com/features/nigerias-economic-outlook-2017/

Nigeria’s economy came to be defined by recession and devaluation in 2016, pressing home the point that Nigeria’s growth and exchange rate stability in the decade-and-half from 2000 to 2014 had been entirely dependent on favourable global commodity cycles. Weak commodity prices brought Nigeria’s growth to a very abrupt end and inflicted heavy bouts of devaluation to the naira. It should be noted that Nigeria’s growth would have been more resilient if the country had a better rail transport and energy infrastructure that would have underpinned higher value addition in industry. Both the recession and devaluation resulted from the foreign exchange shortage inflicted by the collapse in Nigeria’s annual exports receipts from about US$100 billion up till 2014, to less than US$50 billion since 2015, because of the fall in oil price. Read more at: https://economicconfidential.com/features/nigerias-economic-outlook-2017/

Nigeria’s economy came to be defined by recession and devaluation in 2016, pressing home the point that Nigeria’s growth and exchange rate stability in the decade-and-half from 2000 to 2014 had been entirely dependent on favourable global commodity cycles. Weak commodity prices brought Nigeria’s growth to a very abrupt end and inflicted heavy bouts of devaluation to the naira. It should be noted that Nigeria’s growth would have been more resilient if the country had a better rail transport and energy infrastructure that would have underpinned higher value addition in industry. Both the recession and devaluation resulted from the foreign exchange shortage inflicted by the collapse in Nigeria’s annual exports receipts from about US$100 billion up till 2014, to less than US$50 billion since 2015, because of the fall in oil price Read more at: https://economicconfidential.com/features/nigerias-economic-outlook-2017/

Nigeria’s economy came to be defined by recession and devaluation in 2016, pressing home the point that Nigeria’s growth and exchange rate stability in the decade-and-half from 2000 to 2014 had been entirely dependent on favourable global commodity cycles. Weak commodity prices brought Nigeria’s growth to a very abrupt end and inflicted heavy bouts of devaluation to the naira. It should be noted that Nigeria’s growth would have been more resilient if the country had a better rail transport and energy infrastructure that would have underpinned higher value addition in industry. Both the recession and devaluation resulted from the foreign exchange shortage inflicted by the collapse in Nigeria’s annual exports receipts from about US$100 billion up till 2014, to less than US$50 billion since 2015, because of the fall in oil price. Read more at: https://economicconfidential.com/features/nigerias-economic-outlook-2017/

Nigeria’s economy came to be defined by recession and devaluation in 2016, pressing home the point that Nigeria’s growth and exchange rate stability in the decade-and-half from 2000 to 2014 had been entirely dependent on favourable global commodity cycles. Weak commodity prices brought Nigeria’s growth to a very abrupt end and inflicted heavy bouts of devaluation to the naira. It should be noted that Nigeria’s growth would have been more resilient if the country had a better rail transport and energy infrastructure that would have underpinned higher value addition in industry. Both the recession and devaluation resulted from the foreign exchange shortage inflicted by the collapse in Nigeria’s annual exports receipts from about US$100 billion up till 2014, to less than US$50 billion since 2015, because of the fall in oil price. Read more at: https://economicconfidential.com/features/nigerias-economic-outlook-2017/

Nigeria’s economy came to be defined by recession and devaluation in 2016, pressing home the point that Nigeria’s growth and exchange rate stability in the decade-and-half from 2000 to 2014 had been entirely dependent on favourable global commodity cycles. Weak commodity prices brought Nigeria’s growth to a very abrupt end and inflicted heavy bouts of devaluation to the naira. It should be noted that Nigeria’s growth would have been more resilient if the country had a better rail transport and energy infrastructure that would have underpinned higher value addition in industry. Both the recession and devaluation resulted from the foreign exchange shortage inflicted by the collapse in Nigeria’s annual exports receipts from about US$100 billion up till 2014, to less than US$50 billion since 2015, because of the fall in oil price. Nigeria’s dependence on export receipts as the sole source of external financing made the country more vulnerable than countries who receive large diaspora remittances and large foreign direct investment (FDI) inflows, in addition to export revenue. A major learning point for Nigeria is that larger capital inflows would have made the oil price fall less hurtful. Global trade flows are slowing because of the global commodities supply glut, but global financial flows are growing because of the global liquidity glut created by leading central banks. Past Nigerian governments and the central Bank of Nigeria have been historically transfixed on external trade flows, while being largely oblivious of external capital flows. Read more at: https://economicconfidential.com/features/nigerias-economic-outlook-2017/

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Amazon pulls out $13.7 billion to acquire Whole Food Market

Amazon.com, the online retail giant, made a major move into the brick-and-mortar world Friday, announcing that it would buy Whole Foods Market in a deal valued at $13.7 billion.
Amazon has recently begun experimenting with bookstores and a small grocery, but this is by far its most ambitious move into physical retail. The Seattle-based company was recently granted a patent for technology that would block shoppers from comparing prices from their mobile devices while they’re in stores.
In Whole Foods, it is acquiring a company that has recently come under pressure from investors for its lagging performance. Whole Foods, whose fleet of stores now numbers more than 430 locations, has found it difficult to attract more mainstream consumers as Walmart and other large chains have stepped up their sales of natural and organic products.

 The organic grocer, which was founded in 1978, would continue to operate under its existing brand. Whole Foods chief executive John Mackey would remain as CEO after the purchase and the company would keep its headquarters in Austin. The merger offers a test of whether Amazon, which has generally built its business on low prices, can successfully integrate a grocer known for premium service and higher prices.

“This partnership presents an opportunity to maximize value for Whole Foods Market’s shareholders, while at the same time extending our mission and bringing the highest quality, experience, convenience and innovation to our customers,” Mackey said in a statement.
The deal is expected to close in the second half of 2017, pending shareholder and regulatory approvals.
The $42 a share offer from Amazon is a 27 percent premium over Whole Foods Market’s closing stock price on Thursday. Trading in Whole Foods was halted ahead of the announcement, according to Bloomberg.

Amazon, which is sitting on $21.5 billion in cash, has long eschewed big acquisitions. Among the company’s largest acquisitions are its 2009 purchase of online retailer Zappos.com for roughly $1.2 billion, and video game streaming site Twitch, which it bought in 2014 for roughly $1 billion.
“Whole Foods Market has been satisfying, delighting and nourishing customers for nearly four decades — they’re doing an amazing job and we want that to continue,” said Jeffrey P. Bezos, founder and CEO of Amazon.com

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Robots taking jobs in five years is BS, GE CEO Jeff Immelt says

The idea that factories will be automated and run by robots in five years is "b-------t", outgoing General Electric Chief Executive Jeff Immelt said on Thursday.

Immelt was addressing the fact that worker productivity remains low, and while technology will play a big part in boosting that, he said warnings about a short-term wipe-out of jobs are misplaced.

                                             Erik Freeland | Corbis Historical | Getty Images

Jeffrey Immelt (center), executive at General Electric Corporation, attends a press conference in New York

"There's 330,000 people that work for GE and none of them had a productive day yesterday, none of them had a completely productive day. So my own belief is that when it comes to digital tools and things like that, that first part of the revolution, is going to be to make your existing workforce productive," Immelt said during a talk at the Viva Tech conference in Paris.

"I think this notion that we are all going to be in a room full of robots in five years … and that everything is going to be automated, it's just BS. It's not the way the world is going to work."

Companies should look to make their workers more productive through new technological tools, Immelt said.

Immelt did not mince his words, saying that those who have warned about such a short term hit to jobs have no experience of actually working in factory environments.

"Most of the people that think that work is totally going to be displaced are people that have never done work, I think if you've actually run a factory … you know most of this is just bullshit. And so, I would call myself more a realist than an optimist," Immelt said.

Fierce debate has been raging recently about the extent to which jobs will be automated, and what impact this could have on jobs and society. Even if the short-term outlook is not that bad, several stories have pointed towards a longer-term impact.
Around a third of jobs in the U.K. could be affected by artificial intelligence and automation, while this figure rises to 38 percent in the U.S. by the 2030s, according to a report by accountancy firm PWC released in March.

 Major technologists have warned on the need to prepare for the huge impact AI could have. Tesla CEO Elon Musk, for example, warned that humans must merge with machines in order to become relevant when tasks become increasingly automated, and even warned on the need for a universal basic income, an idea backed by many of Silicon Valley's elites.

Earlier this week, GE announced Immelt would step down as chief executive with John Flannery, current president and CEO of GE Healthcare, taking over from August 1.

Immelt had been CEO of GE for 16 years, and said he felt it was the right time to go.

"There is never a good time or bad time to leave a job like this, but I really felt like the company, all the work that we have done … it was a good time for me, and a good time for the company for a change," Immelt said during his talk.

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Naira maintains grip, closes at 364 per dollar

The naira closed flat at 364 per United States dollar on Wednesday, the same rate it closed on Monday and Tuesday.
This is despite a $414m injection into the foreign exchange market by the Central Bank of Nigeria on Monday.

The naira had posted a marginal gain against the United States dollar at the parallel market on Monday, closing at 364/dollar.
The local currency closed at 365/dollar on Sunday.
The local currency closed at 371/dollar about two weeks ago, having appreciated to 374/dollar from 382/dollar recorded the previous week.

Following the CBN’s continued supply of the dollar to the forex market, the local currency has recorded major appreciation from its all-time-low of 520/dollar. Meanwhile, the CBN is planning to sell N133.24bn ($424m) worth of Treasury bills at an auction next week.
The CBN said on Wednesday that it was planning to offer N28.12bn worth of three-month debt, N55.12bn in six-month bill and N50bn in one-year note, using the Dutch auction system on June 21.

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Google backup Drive will soon back up your entire computer

Google is turning Drive into a much more robust backup tool. Soon, instead of files having to live inside of the Drive folder, Google will be able to monitor and backup files inside of any folder you point it to. That can include your desktop, your entire documents folder, or other more specific locations.

The backup feature will come out later this month, on June 28th, in the form of a new app called Backup and Sync. It sounds like the Backup and Sync app will replace both the standard Google Drive app and the Google Photos Backup app, at least in some cases. Google is recommending that regular consumers download the new app once it’s out, but it says that business users should stick with the existing Drive app for now.

It’s not clear exactly how much you’ll be able to do with the expanded backup feature. You’ll presumably be able to open and edit some common file types within Drive, as you’ve already been able to. But it’s not clear if you’ll be able to sync those files back down to multiple other computers, using Drive as an intermediary.

All of those files will very likely count toward your Google Drive storage limit, too. This will be a very quick way of hitting that 15GB cap on free accounts.

Still, it’s a smart move by Google and a pretty handy feature. There have been requests for Dropbox to add something like this for ages, and it’s yet to get around to it. Instead, like Drive, people have always had to store files directly in the app’s local folder. For anyone looking for a bit more flexibility in their syncing apps, Google seems like it’s about to become the winning option.

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Amazon’s new ‘Prime Reload’ service isn’t the deal it seems

Amazon has a slightly strange new service called “Prime Reloaded.” It incentivizes Prime members to pay for stuff off Amazon using a debit card, rather than credit, which should help Amazon out with credit card fees.
On the surface, it seems like a decent way to save 2% on all your Amazon purchases in return for a small amount of hassle. But it’s far from being a no-brainier, and for most of the credit-card-using American public, it’s probably a terrible idea to sign up.
First, a quick overview of credit cards and why most stores hate them. Visa, MasterCard and American Express all charge merchants (shops, like Amazon) a small percentage of every transaction in return for processing payments. The credit card companies have invested serious time and money making sure that the majority of purchases are made on credit, and most stores aren’t even allowed to pass the extra fee onto consumers.
Merchants, understandably, hate the fact that someone else skims a couple percent off the gross revenue, but most suck it up as a cost of doing business. Amazon’s program is an obvious attempt (albeit a pretty small attempt) to see if consumers would take a small discount in return for using debit. The 2% discount Amazon is offering is a tiny bit under the average credit card fee, which is somewhere around 2.5% on average.
But while credit cards objectively suck for merchants, they’re fantastic for consumers. The most obvious benefit you get from using your credit card for purchases is cashback or points: most credit cards either have a rewards program or cashback, which gives you back a couple percent of every purchase in the form of points or cash. The percentage depends on the card, but it’s normally in the 2-4% range.
So, most people will be marginally better off spending 2% more upfront with Amazon and getting 4% back in points. But the benefits don’t stop there.
Credit card laws and policies are skewed heavily in the favor of the consumer. If you dispute a transaction with a company, you can file a complaint with your credit card company, and the merchant then has to prove that they were allowed to make the charge. If you get in a dispute with a third-party Amazon seller — for example, because the wrong item is sent and the seller won’t make a return — credit card disputes give you a good recourse. You don’t get that with a debit card.
Credit cards also generally have purchase insurance for most things, which means if something you buy on your card is stolen or broken within a few months of purchase, your credit card company will refund you. It’s a policy set up to try and prevent credit card users racking up unsecured debt, but it works great when your new phone gets stolen a month after you buy it.
The specific economics of Amazon’s program might work out in your favor. But before you go chasing off after a marginally lower sticker price, remember to take a look at the benefits you’re getting from your credit card, and do the math to see if it’s worth it.

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Bill Gates's Top 10 Rules For Success

Gates was born in Seattle, Washington on October 28, 1955. He is the son of William H. Gates Sr.(born 1925) and Mary Maxwell Gates (1929–1994). His ancestry includes English, German, Irish, and Scots-Irish.His father was a prominent lawyer, and his mother served on the board of directors for First Interstate BancSystem and the United Way. Gates' maternal grandfather was JW Maxwell, a national bank president. Gates has one elder sister, Kristi (Kristianne), and one younger sister, Libby. He is the fourth of his name in his family, but is known as William Gates III or "Trey" because his father had the "II" suffix.Early on in his life, Gates' parents had a law career in mind for him.When Gates was young, his family regularly attended a church of the Congregational Christian Churches, a Protestant Reformed denomination.The family encouraged competition; one visitor reported that "it didn't matter whether it was hearts or pickleball or swimming to the dock ... there was always a reward for winning and there was always a penalty for losing". 
see bill gate for success below

Management style

From Microsoft's founding in 1975 until 2006, Gates had primary responsibility for the company's product strategy. He gained a reputation for being distant from others; as early as 1981 an industry executive complained in public that "Gates is notorious for not being reachable by phone and for not returning phone calls."Another executive recalled that after he showed Gates a game and defeated him 35 of 37 times, when they met again a month later Gates "won or tied every game. He had studied the game until he solved it. That is a competitor."

As an executive, Gates met regularly with Microsoft's senior managers and program managers. Firsthand accounts of these meetings describe him as verbally combative, berating managers for perceived holes in their business strategies or proposals that placed the company's long-term interests at risk.He interrupted presentations with such comments "That's the stupidest thing I've ever heard!"and "Why don't you just give up your options and join the Peace Corps?"The target of his outburst then had to defend the proposal in detail until, hopefully, Gates was fully convinced.When subordinates appeared to be procrastinating, he was known to remark sarcastically, "I'll do it over the weekend."

Gates was an active software developer in Microsoft's early history, particularly on the company's programming language products, but his role most of its history was primarily as management and executive. Gates has not officially been on a development team since working on the TRS-80 Model 100,but wrote code as late as 1989 that shipped in the company's products.He remained interested in technical details; Jerry Pournelle wrote in 1985 that when watching Gates announcing Microsoft Excel, "Something else impressed me. Bill Gates likes the program, not because it's going to make him a lot of money (although I'm sure it will do that), but because it's a neat hack."On June 15, 2006, Gates announced that he would transition out of his day-to-day role over the next two years to dedicate more time to philanthropy. He divided his responsibilities between two successors, placing Ray Ozzie in charge of day-to-day management and Craig Mundie in charge of long-term product strategy.

                                                

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Aliko Dangote's Top 10 Rules For Success

Aliko Dangote GCON (born 10 April 1957) is a Nigerian billionaire, who owns the Dangote Group, which has interests in commodities. The company operates in Nigeria and other African countries, including Benin, Ethiopia, Senegal, Cameroon, Ghana, South Africa, Togo, Tanzania, and Zambia.As of February 2017, he had an estimated net worth of US$12.5 billion.

Dangote is ranked by Forbes magazine as the 67th richest person in the world and the richest in Africa; he peaked on the list as the 23rd richest person in the world in 2014.He surpassed Saudi-Ethiopian billionaire Mohammed Hussein Al Amoudi in 2013 by over $2.6 billion to become the world's richest person of African descent.see he's 10 top rules for success

                   

Business in Nigeria

The Dangote Group was established as a small trading firm in 1977, the same year Dangote relocated to Lagos to expand the company.Today, it is a multi-trillion naira conglomerate with many of its operations in Benin, Ghana, Nigeria, and Togo. Dangote has expanded to cover food processing, cement manufacturing, and freight. The Dangote Group also dominates the sugar market in Nigeria and is a major supplier to the country's soft drink companies, breweries, and confectioners. The Dangote Group has moved from being a trading company to being the largest industrial group in Nigeria including Dangote Sugar Refinery, Dangote Cement, and Dangote Flour.

In July 2012, Dangote approached the Nigerian Ports Authorities to lease an abandoned piece of land at the Apapa Port, which was approved.He later built facilities for his flour company there. In the 1990s, he approached the Central Bank of Nigeria with the idea that it would be cheaper for the bank to allow his transport company to manage their fleet of staff buses, a proposal which was also approved.

In Nigeria today, Dangote Group with its dominance in the sugar market and refinery business is the main supplier (70% of the market) to the country's soft drinks companies, breweries and confectioners.It is the largest refinery in Africa and the third largest in the world, producing 800,000 tonnes of sugar annually. Dangote Group owns salt factories and flour mills and is a major importer of rice, fish, pasta, cement and fertiliser. The company exports cotton, cashew nuts, cocoa, sesame seed and ginger to several countries. It also has major investments in real estate, banking, transport, textiles and oil and gas. The company employs over 11,000 people and is the largest industrial conglomerate in West Africa.

Dangote has diversified into telecommunications and has started building 14,000 kilometres of fibre optic cables to supply the whole of Nigeria. As a result, Dangote was honoured in January 2009 as the leading provider of employment in the Nigerian construction industry.

He said, "Let me tell you this and I want to really emphasize it...nothing is going to help Nigeria like Nigerians bringing back their money. If you give me $5 billion today, I will invest everything here in Nigeria. Let us put our heads together and work."

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Steve Jobs' Last and Best Advice(business life)

Steven Paul Jobs (/ˈdʒɒbz/; February 24, 1955 – October 5, 2011) was an American entrepreneur, businessman, inventor, and industrial designer. He was the co-founder, chairman, and chief executive officer (CEO) of Apple Inc.; CEO and majority shareholder of Pixar;^[2] a member of The Walt Disney Company's board of directors following its acquisition of Pixar; and founder, chairman, and CEO of NeXT. Jobs and Apple co-founder Steve Wozniak are widely recognized as pioneers of the microcomputer revolution of the 1970s and 1980s.

Jobs was born in San Francisco to Syrian parents who had to put him up for adoption at birth; he was raised in the San Francisco Bay Area during the 1960s.^[3] Jobs briefly attended Reed College in 1972 before dropping out.^[4]He then decided to travel through India in 1974 seeking enlightenment and studying Zen Buddhism.^[5] Jobs's declassified FBI report stated that an acquaintance knew that Jobs had used the illegal drugs marijuana and LSD while he was in college.^[6] Jobs once told a reporter that taking LSD was "one of the two or three most important things" he did in his life.^[7]

Jobs and Wozniak co-founded Apple in 1976 to sell Wozniak's Apple I personal computer. The visionaries gained fame and wealth a year later for the Apple II, one of the first highly successful mass-produced personal computers. In 1979, after a tour of PARC, Jobs saw the commercial potential of the Xerox Alto, which was mouse-driven and had a graphical user interface (GUI). This led to development of the unsuccessful Apple Lisa in 1983, followed by the breakthrough Macintosh in 1984. In addition to being the first mass-produced computer with a GUI, the Macintosh introduced the sudden rise of the desktop publishing industry in 1985 with the addition of the Apple LaserWriter, the first laser printer to feature vector graphics. Following a long power struggle, Jobs was forced out of Apple in 1985.^[8]

After leaving Apple, Jobs took a few of its members with him to found NeXT, a computer platform development company specializing in state-of-the-art computers for higher-education and business markets. In addition, Jobs helped to initiate the development of the visual effects industry when he funded the spinout of the computer graphics division of George Lucas's Lucasfilm in 1986.^[9] The new company, Pixar, would eventually produce the first fully computer-animated film, Toy Story—an event made possible in part because of Jobs's financial support.

In 1997, Apple merged with NeXT. Within a few months of the merger, Jobs became CEO of his former company, reviving Apple at the verge of bankruptcy. Beginning in 1997 with the "Think different" advertising campaign, Jobs worked closely with designer Jonathan Ive to develop a line of products that would have larger cultural ramifications: the iMac, iTunes and iTunes Store, Apple Store, iPod, iPhone, App Store, and the iPad. Mac OS was also revamped into OS X (renamed "macOS" in 2016), based on NeXT's NeXTSTEP platform.

Jobs was diagnosed with a pancreatic neuroendocrine tumor in 2003 and died on October 5, 2011, of respiratory arrest related to the tumor.

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youngest millionaire in south Africa at age 23

From his early beginnings selling muffins in high school (something he was laughed at for), to trading in all the money that was supposed to be for his education, Shezi has made a big move that has turned him into a businessman and millionaire.
Shezi took a risky move and became the youngest millionaire in South Africa, namely: Forex trading, an over-the-counter market in which the currencies of the world are traded. He was raised by both parents (teachers) and is from an ‘average Joe’ family.
See his exclusive interview below.

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