Berkshire Hathaway is the world’s second-most profitable firm – THE ECONOMIST
ON FEBRUARY 22ND Warren Buffett reported that the conglomerate he runs, Berkshire Hathaway, earned net income of $81.4bn in 2019. That makes Berkshire, America’s biggest non-tech firm by market value, more profitable than any other company anywhere bar Saudi Aramco, an oil giant. Yet after years of mostly level-pegging or outperforming the broader market, Berkshire’s shares did only one-third as well as the soaring S&P 500 index last year (see chart). What is going on?

Paychant becomes the first Bitcoin payment processor in Africa

4 More Die From Coronavirus In Washington State, Bringing U.S. Toll To 6 – FORBES
Four more people have died of coronavirus in Washington State, the Wall Street Journal reported Monday, bringing the death toll to six as fears grow that the state⁠—and a Seattle-area nursing home⁠—have become an epicenter for the disease.

IFC expands Africa presence by acquiring TerraPay in $9.6 million joint investment – TECHCABAL
TerraPay, a mobile payments switching company operational in Africa, Asia and Europe, has been acquired by a consortium of investors.

Lassa fever, cholera, meningitis, Covid-19 in Nigeria: The way forward Read more at:
Long before the National Centre for Diseases Control, NCDC, came to the nation’s rescue, only the Irrua Specialist Hospital laboratory had a semblance of capacity for Lassa fever diagnosis



Mitr Phol Corporation to acquire Olam International’s remaining 50% stake in Indonesian sugar joint venture
Assuming that the Transaction had been completed on 31 December 2019 (“FY 2019”), the effect of the transaction on the net tangible assets (“NTA”) per share of Olam together with its subsidiaries (“Group”) and the earnings per share (“EPS”), based on the recently announced unaudited results for the full year of the Group for FY 2019, is as follows:

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