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FMCG ad spend to recover after Covid-19 slump

Ad spending associated with fast-moving consumer goods (FMCG) is expected to surge this year in a remarkable turnaround for a sector that was battered harder than most in 2020 when it tanked 10.7% to be valued at a dismal $26.7bn.According to the latest market report from Zenith, a sharp bounce-back will recover much of this lost ground, but fall 6% short of levels reached in 2019.

Nedbank and Mastercard team on WhatsApp payments for small businesses

Editorial | what does this mean? This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Nedbank and Mastercard team on WhatsApp payments for small businesses 3 hours ago 2 South Africa s Nedbank has teamed up with Mastercard and local fintech player Ukheshe to let customers pay small businesses via WhatsApp. Once registered, small and microbusinesses can use the service, called Money Message, to send a WhatsApp request-to-pay message to customers with a valid South African identity document and bank account. For first-time users, a notification is sent via SMS prompting them to register for the service. The customer puts in their name and registers their card details and can then make payments within WhatsApp via their cellphone number or a QR code.

Comércio e academias liberados a partir de hoje na Grande Vitória Veja regras do novo mapa de risco

Comércio e academias liberados a partir de hoje na Grande Vitória Veja regras do novo mapa de risco
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Illicit Tobacco Trade Costing Rs 77bn to Exchequer: Report

Karachi April 25, 2021 KARACHI: The capacity to raise revenue from taxes is a fundamental requirement for the functioning of any nation. One clear and immediate target for increasing revenue collection is Pakistan’s illicit trade. A recent report by Harvard economists revealed that the top 12 commodities smuggled into the country are worth as much as USD 3.3 billion a year, and growing. These commodities range from cellphones and fuel to daily use items such as toiletries and tea. As many as 300,000 tonnes of textiles were also smuggled into the country, according to the report. When diving deeper into the case of Pakistan’s hefty tobacco industry, it becomes clear that cigarettes are, unfortunately, a regular part of the lives of millions of Pakistanis. The total market size of the tobacco industry is estimated at 81.2 billion sticks per year. Unfortunately, the sector is divided into two main categories; the legitimate, and the illegal. The legitimate market share of compa

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