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Shells, particularly the Kina and Toea, weren’t only mediums of trade but also symbols of wealth, social status, and cultural practices. “Deeply embedded in our traditions and cultural practices, shell money additionally represented social standing, and it was used in marriages, deaths, and other vital ceremonies and events,” Genia explained. The arrival of colonisers marked a turning level within the nation’s economic historical past, leading to the introduction of up to date currencies on 19 April 1975. “These up to date currencies served as both financial devices and nationwide emblems of our independence and unity as a nation,” Genia famous. She supplied insights into the cultural significance of the Kina and Toea, explaining that the word “Kina” is present in both the Pidgin and Kuanua languages and describes the priceless pearl shell extensively traded in PNG’s Highlands and Coastal areas.

The offers show that Indonesian businesses are warming as a lot as non-traditional markets such as Sri Lanka. SEC suspends Oando shares from stock marketThe Securities and Exchange Commission has ordered the Nigerian Stock… Over 1,000 companies bid for 2017 railway projectsOver 1000 firms expressed interest in 17 classes of initiatives…

After quitting his lucrative banking job to follow his passion for visible artwork, Emeka Nwagbara has by no means looked back. Amid rising inflation, escalating dwelling prices, and heightened threat elements, 14 publicly-listed insurance coverage companies paid N101.three billion claims in the… Interswitch has partnered with Thales, a global chief in digital and knowledge safety options, to launch CipherTrust Data Security Solution,…

Avaada Energy has secured financing for its solar PV power project being developed underneath a long-term captive Power Purchase Agreement with Karnataka Cooperative Milk Producers’ Federation Limited . Doctors in China mentioned a homegrown cell therapy saw initial success in youngsters with a severe autoimmune dysfunction, the newest sign that mainland biotech companies are catching up with western friends in growing cutting-edge therapies for hard-to-treat illnesses. Milton strengthened quickly into a Category 5 hurricane on a path toward Florida. The system is threatening the densely populated Tampa space with a potential direct hit and menacing the identical stretch of shoreline that was battered by Hurricane Helene lower than two weeks ago. Business Today is considered one of Kenya’s leading business news organization, reputed for its authority, accuracy and professionalism. Xi Jinping’s main fiscal stimulus package, which may have capitalised on the large bounce within the sharemarket, has so far did not materialise.

The Reserve Bank of India has stored its key interest rate unchanged for the tenth consecutive time, its governor Shaktikanta Das announced today,while retaining India’s actual GDP growth forecast at 7.2 per cent for the current monetary yr. The Reserve Bank of India’s Monetary Policy Committee wrapped up its three-day deliberations today, deciding to maintain the repo fee at 6.5 per cent for the fourth consecutive time this fiscal year and the tenth time overall. October 2, 2024 • TikTok could begin shutting down in the us as soon as January 19 of subsequent 12 months. The firm is asking a panel of federal judges to dam the legislation in a high-profile case that pits free speech versus national security.

The Swan public sale house, in Oxfordshire, had listed objects including skulls and shrunken heads. The physician denies understanding who Lucy Letby was till he was asked to apologise to her seven months later. Daniel Khalife is accused of collecting Business News sensitive navy info for Iran and escaping from prison in September 2023.