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Managers need change management strategy

Daily Monitor Tuesday May 11 2021 Summary In these current times, businesses will have no choice but to reset their revenue outlooks, change their financial assumptions, tweak their business models, and review their operations. Senior management needs to adopt a change management strategy. Advertisement The spread of Covid-19 has not only disrupted lives, livelihoods and communities but it has also affected the performance of several businesses and the economy worldwide. As countries emerge from the effects of the pandemic, some businesses are devising means to ensure that they mitigate disruptions to supply chains and excel in their business operations. Some entrepreneurs and analysts reveal some management interventions that can be used to ensure business continuity amidst the pandemic.

Why the sudden appetite by banks to lend money?

Daily Monitor Tuesday April 06 2021 A customer counts money in a banking hall. Banks have been sitting on plenty of liquidity for more than 12 months because of lock down. PHOTO/Eronie Kamukama Summary The pricing of low loans is to encourage potential borrowers with urgent cash needs to approach the bank for relief, Racheal Nabisubi writes. Interest rates are one of the most crucial things to watch out for whenever you want to borrow some money especially from a bank. However, very few people take time to understand what the interest rate is take for instance when applying for a loan.

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