All posts by Preta Peace Namasaba

News

Man sues Powerball for $340 million prize money as lottery operators claim his winning numbers were advertised by mistake

The odds of being struck by lightning over the next year are incredibly better than winning the jackpot.  There’s about a one in 300 million chance of winning the Powerball or Mega Millions. But John…

By Preta Peace Namasaba February 21, 2024
Business

Six things you should know about Henry G. Parks, Jr., founder of the first Black-owned company on NASDAQ

A trailblazer on all fronts, Henry G. Parks, Jr. is considered one of America’s most brilliant businessmen. He took on an unlikely project and transformed it one of the most profitable food manufacturers. Parks made…

News

Black-owned whiskey brand Uncle Nearest now valued at $900 million

Without any experience in distilling, Fawn Weaver cofounded Uncle Nearest Premium Whiskey in 2017. It has since become the best-selling Black-owned spirit brand in U.S. history and is among the fastest-growing American drinks companies. The…

Innovation

These five Black woman-owned startups are revolutionizing maternal healthcare

Motherhood can be a wonderful and empowering experience for many women, but also overwhelming for some. Black women in the United States encounter alarming maternal health disparities. Research shows that Black women are three times…

By Preta Peace Namasaba February 20, 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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