Posts by category: Business

23andMe Board Sees Mass Resignation of Independent Directors Over Strategic Rift

Sep, 20 2024

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23andMe Board Sees Mass Resignation of Independent Directors Over Strategic Rift

The entire slate of seven independent directors at 23andMe has stepped down over differences with CEO Anne Wojcicki regarding the strategic direction of the company. This significant move underscores a deeper clash about the future of the DNA testing firm amid its plummeting stock value and Wojcicki's bid to take the company private.

Coca-Cola Nigeria's Transparency Breach: FCCPC Exposes Misleading Marketing

Aug, 2 2024

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Coca-Cola Nigeria's Transparency Breach: FCCPC Exposes Misleading Marketing

The FCCPC's investigation revealed that Coca-Cola Nigeria and NBC breached transparency and consumer trust by failing to disclose shifts from sugar to non-nutritive sweeteners. The companies' marketing tactics for Coke, Fanta, and Sprite lacked clear communication, misleading consumers on product changes.

Nairobi Water Reinstates Banking Services After Period of Disruption

Jul, 16 2024

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Nairobi Water Reinstates Banking Services After Period of Disruption

Nairobi Water has resumed its normal banking services after an undisclosed disruption. On July 16, 2024, the company expressed gratitude to its customers for their patience during this period. The notice did not detail the nature or duration of the disruption, leaving many questions unanswered.