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Welcome to another edition of Workshift! The exclusive newsletter for Leaders, Founders and Managers.
If you missed last week's issue, catch up here
In Today's Email:
- Your Digital Safety Comes First
- The Biggest Regrets of Former C-Suite Executives
- AI Tool Of The Week 🤖: BlueFire AI uses financial statement analysis, behavioural profiling, market data analytics, and NLU to detect underperformance in public company assets
- Opportunity of the week 💡: Accion launched a $152 million fund to support fintech companies; send Accion your pitch deck
THE BIG IDEA
Your Digital Safety Comes First
About 2 weeks ago, the news reports stated Flutterwave, a prominent African fintech company, lost ₦11 billion in a significant security breach. The perpetrators illegally transferred ₦11 billion ($7 million) to several accounts in April 2024.
Yesterday, another source disclosed that Ticketmaster has also been hacked, with attackers gaining unauthorized access to more than 500 million Ticketmaster customers' data.
In addition, hackers also allegedly have customers' partial payment data which includes their names, the last four digits of their credit card numbers, and card expiration dates. The extent of the data stolen is disheartening.
These incidents have heightened concerns about cybersecurity across the digital payment industry.
What happens when you go to bed thinking your assets and those of your company are safe, only to wake up to a devastating news? Ticketmaster hackers are even trying to sell the lot for $500,000.
While sometimes hackers may catch us off guard, it’s important to have extreme measures in place; Here are the top 6 ways to protect your business from hackers.
Also: To know if your account was affected by the Ticketmaster breach, read this article.
Challenge Of The Week 🎯
Take a moment each day to write down something you can celebrate. Sometimes life can be overwhelming, and it's easy to get lost in your daily grind.
Constantly focusing on what's going wrong is a never-ending to-do list. Plus, It's exhausting. When you write, you'll start to see more and more reasons to be grateful.
Build Your Dream Company 🏆
Finding employees who are unbelievably amazing at what they do is a global struggle. You don’t just want people with hard skills; you want employees who fit into your company culture like a glove.
How fast would you grow if your company was filled with employees who stick around, contribute their best, and help your company achieve its goals…that's where CareerBuddy comes in.
With a track record of helping VC-backed startups to Fortune 500 companies and an 88.3% success rate, we help you recruit top talent effectively. Want to scale your company?
Learn From The Best ✍️
In 1943, a seventeen-year-old from a small farm in Sweden set out with one vision - to make everyday life better for people. And boy did he exceed his own expectations!
We are talking about Ingvar Kamprad, who went on to build an empire that was truly one of its kind - IKEA. This brand literally puts the ‘fun’ in furniture. At 72, he stepped down as CEO, and co-wrote a book on his roots and the strategies that turned IKEA into the giant it became.
This interesting image shows you more about how IKEA was birthed to life.
Don’t forget to save the image so you can always glance through it!
Credit: Ambition Chronicles & Paperflite
Meme Of The Week 😂
You didn’t see it coming
Where You Should Be 🌍
Tools to Grow Your Business
Leta, Paystack, and Zucchini are coming together to host an exclusive event for business leaders and owners on June 6th. Leta, Paystack and Zucchini are hosting an event for business leaders and owners on June 6th.
If you're looking for ways to optimize your business operations and drive growth, this "Tools to Grow Your Business" event is for you!
You can secure your spot now by registering here.
Your Target Audience Are Our Friends 🎯
Are you excited about the opportunity to expand your brand? We offer access to connect with over 13,000 founders, leaders, and CEOs, including a B2C audience of more than 200,000 career professionals across Africa.
By partnering with us, you're not just getting guaranteed visibility, you're also tapping into a community hungry for your product and service.
Recommended Read 📚
"The Prosperity Paradox" reveals why many economic development investments fail. The writers argue that traditional, resource-heavy methods don't produce sustainable prosperity.
The ideas in this book will help companies desperate for real, long-term growth see actual, sustainable progress where they’ve failed before.
Roundtable 🔄
A question no one’s been able to answer
Economic Trends For You 📈
- Global Finance magazine named 4 Nigerian banks among Africa's best-performing financial institutions for 2023
- Have a look at the Enrico Letta Report and the current state of the EU’s Capital Market Union
- According to Stears SSA, Kenya and South Africa stand out as the leading advanced consumer markets in Sub-Saharan Africa
- The world’s largest pension fund may be running dry
- Weekly snapshot on the African economy
Workplace Culture 👥
Navigating generational shifts to stay relevant is a challenge many companies encounter
Hiring Made Easy!✅
Tamborin helps you hire exceptional remote talent from Africa. Easily.
How? You only have to post your job openings or reach out directly to Tamborin to find you a match. Yes, it is that easy. Simplify your hiring process by using Tamborin today.
Investing News & Opportunities 💰
- Hess shareholders approved a $53 billion sale to Chevron
- GameStop's stock surged Tuesday after completing a $933.4 million equity offering of 45 million shares
- Ecobank's profit increased by 249% in Q1 2024
- Raxio is opening its first data center in Mozambique as part of its $290 million investment strategy in Africa
There’s More To Being A Leader🎖️
- The biggest regrets of former C-Suite executives
- Economist Glenn C. Loury talks about his journey and experiences as a black conservative
- How a young cement company grew 2.5x with organizational and functional transformation
- AI tool of the week 🤖: BlueFire AI uses financial statement analysis, behavioural profiling, market data analytics, and NLU to detect underperformance in public company assets
- Opportunity of the week 💡: Accion launched a $152 million fund to support fintech companies; send Accion your pitch deck
- Apply for $50k at GoGettaz Agripreneur Prize Competition before the 10th of June
Pro Tip To Take You Through The Week🌟
What’s Happening? 🤷♂️
While you were away at work, these 5 things happened:
- Brass has been acquired by an investment group led by Paystack
- Billions of dollars worth of African gold is being smuggled into the UAE each year
- Google announced Umoja, the first-ever fiber optic route to directly connect Africa with Australia
- Kenyan President William Ruto is the first African leader in 16 years to receive an official US state visit
- Asia's richest man to launch affordable 5G services in Ghana by late 2024
Share With Your Friend 📣
If you know this newsletter can help someone in your network, why don't you go ahead and share?🚀
ABOUT CAREERBUDDY
Hire Smarter, Not Harder
At CareerBuddy, we make hiring seamless for fast-growing companies, we pride ourselves on knowing the best people that will excel in a Startup. With a candidate retention rate of 90.3%, it is safe to say “We are the best in the game for Startup hiring in Africa”.
We have worked with our partners to hire both for Technical and Non-Technical roles, we have also helped them with expansion in Africa. Some of our clients include Bamboo Invest, Helium Health, Cassbana, Cadana, Fincra, CrowdForce, Casava, TeamApt (now Moniepoint), Sabi, etc.
Are you hiring at the moment? Contact us
Written by Onekpe Regina
Edited by Oluwaseye Adesina
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