Business

Diddy buys Sean John brand out of bankruptcy for $7.5 Million

Music mogul and producer, Sean "Diddy" Combs has won the bid to buy back his fashion brand, Sean John. Diddy won the rights to Sean John for $7.5 million, after a bidding war with 4 other parties. The deal will be finalized this week, barring any objections. The music producer's initial bid earlier this month in bankruptcy court was $3.3 million through an acquisition company named SLC...

Pioneer Foods Given 10 Days To Remove Ceres Apple Juice From Shops

The COMESA Competition Commission has given Pioneer Foods ten days to remove Ceres apple juice from shops after being found to be a health hazard. In a statement, the Commission’s Registrar Meti Demissie Disasa indicates that some Ceres apple juice contains Patulin levels higher than the recommended level. According to the World Health Organization, Patulin is a form of Mycotoxin which if consumed at higher levels...

Old Mutual partners Insurance Institute of Malawi, donates Mk3 million

Old Mutual Malawi, one of the leading insurance companies in the country has partnered the Insurance Institute of Malawi (IIM) ahead of the Annual Conference slated for Mangochi. As part of the partnership, Old Mutual Malawi has donated MK3 million toward the conference which is scheduled to run for three days from October 28 to 30. Speaking after the donation Old Mutual Life Assurance Company (Malawi)...

Elon Musk Says He’s Sending A Silver Medal To Jeff Bezos After Overtaking Him On Rich List

Elon Musk has aimed another jibe at Jeff Bezos by suggesting he's going to send him a silver medal and a gigantic statue of the number two after he overtook him to become the richest man in the world. Amazon CEO and Entrepreneur Bezos and Musk have been battling it out at the top of the wealth charts for ages now, and this Monday (27...

Plastic Bag With AIR From Kanye West Listening Event Sells for $7,600

Someone just managed to sell a small plastic bag they claim contains air from a recent Kanye West listening event for a whopping $7,600 on eBay. It’s no secret that the Kanye West brand is synonymous with commercial success, but not even that explains how someone can pay almost $8,000 for an empty plastic bag simply because it is in some way related to the...

Popular

spot_imgspot_img
(Visited 15 times, 1 visits today)