All posts by Preta Peace Namasaba

Business

This man took a bank loan for vacation but it was seed money for the first Black-owned firm on the American Stock Exchange

George Johnson had one dream and it was to start a hair company specifically catering to Black consumers. But when he applied for a $250 business loan in the 1950s at a local Chicago bank,…

By Preta Peace Namasaba April 4, 2024
Business

Why NBA legend Dave Bing worked during the offseason to build a multi-million business empire

Most people know Dave Bing as the NBA Hall of Famer turned mayor of Detroit. What many do not know is that he is an astute businessman who leveraged the skills he learned from playing…

News

These two Black women are attempting to revive the original Black Wall Street

Black Wall Street is the name that has been given to the neighborhood in Tulsa, Oklahoma where African-Americans created a self-sufficient prosperous business district in the early 20th century. The neighborhood businesses included a grocery…

By Preta Peace Namasaba April 3, 2024
News

How Nigerian immigrant Philip Ozuah orchestrated the largest donation to a medical school in the United States

In February, videos of students at the Albert Einstein College of Medicine celebrating a historic gift that ensured they would never have to pay tuition again went viral. The $1 billion donation – the largest…

More posts by Preta Peace Namasaba

Thrive

Top 10 in-demand remote jobs paying at least 100k salaries

The pandemic unequivocally changed how we work. It shook up the traditional workplace setup and ushered in the remote work era. According to the Pew Research Center, approximately 22 million employed adults in the U.S.…

By Preta Peace Namasaba August 26, 2024
Martin Ijaha was inspired by Sou-Sou, a local Western African savings club tradition to found Neyber
News

Inspired by his mother’s pool fund, this Black immigrant founded Neyber, the UK’s largest employee financial wellbeing platform

Ideas and beliefs become traditions after being passed down generations. Traditions capture the essence of a culture, understand their needs and aspirations and manifest innovative measures to build and protect community. They are tested by…

By Preta Peace Namasaba August 19, 2024
Famous Amos was a great American success story, and a source of Black pride.
News

The legacy of Wallace “Wally” Amos, entrepreneur behind Famous Amos cookie brand who had died at 88

Wallace “Wally” Amos, entrepreneur and founder of Famous Amos cookies has died at the age of 88. His family, in a statement, said Amos died from complications with dementia at his home in Honolulu. “With…

At the age of 21, Figgers became the youngest telecoms operator in the US. His Florida based Figgers Wireless is the only minority-owned telecommunications company in the United States.
Business

Abandoned as child, here is how Freddie Figgers defied odds to build the nation’s only minority-owned telecom company at 21

Freddie Figgers is the proverbial stone that the builders rejected. Abandoned as a newborn next to a dumpster, he was adopted by an elderly couple in rural Florida. His spirit was crushed when he discovered…

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