THE LEX COLUMN: Cash-flow woes cool Jumia’s scorching IPO 🔒
No fear, no thrill. Adrenalin junkies had a lot to enjoy in Jumia’s initial public offering in April.
The Nigeria-based e-commerce company was dubbed Africa’s Amazon, thanks to its scale and ambition. But its prospectus also listed a litany of risks that took nearly 50 pages to describe.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
THE LEX COLUMN: Is Goldman hunting where the brass is greener?The bank has been shifting away from the super-wealthy to more mortal sorts
Read more »
THE LEX COLUMN: Is Goldman hunting where the brass is greener?The bank has been shifting away from the super-wealthy to more mortal sorts
Read more »
Don't ask guards if you can hold their guns, and other tips to help prevent cash-in-transit heistsCash transporting company SBV on Monday said it was concerned about allegations that members of the public were sometimes a distraction to cash-in-transit guards as they carried out their duties.
Read more »
Don't ask guards if you can hold their guns, and other tips to help prevent cash-in-transit heistsCash transporting company SBV on Monday said it was concerned about allegations that members of the public were sometimes a distraction to cash-in-transit guards as they carried out their duties.
Read more »
Consumers desperate to access retirement savings as economy tanks, says Alexander ForbesEmployees take the cash rather than transfer it to preservation vehicles on resigning and retiring
Read more »
AKA tells Nigeria to keep Cardi B as SA has the Rugby World Cup'We had the World Cup. You had Cardi B. Different levels'
Read more »