All posts by Preta Peace Namasaba

News

How “turnaround specialist” Arnold Donald took over a struggling cruise line and doubled its worth

Although the economy was booming, the profits of Carnival Corporation remained stagnant and shareholders were getting agitated. The company was in the midst of two public relations nightmares. One of their ships had capsized off…

By Preta Peace Namasaba March 25, 2024
News

Black-founded cloud computing firm Foundry emerges out of stealth with $350 million valuation

Foundry, a Black-founded and led cloud computing service provider focused on AI workloads, has emerged out of stealth. According to Fortune, the company has raised $80 million in total seed and Series A funding and…

Thrive

Super Bowl winner Ryan Mundy is investing in response to mental health challenges in Black communities

The National Institute of Mental Health reports that one in five persons in the United States experiences a discernible mental illness. In the general population, mental illness remains undertreated with even lower utilization of mental…

News

Propelled by the Great Depression, this Black family-owned construction firm has changed the Atlanta skyline

The Great Depression caused economic turmoil marked by high unemployment levels and extensive decline in business. Amidst the crisis was a young Herman Jerome “H.J.” Russell who wanted to help out his family. Jobs were…

By Preta Peace Namasaba March 24, 2024

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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