Africa’s top 20 Best Places to Work revealed

LONDON, Jan. 10, 2022 /PRNewswire/ — The Best Places to Work organization announced today the top 20 Best Places to Work in Africa for 2022. The program recently compiled its annual list based on the assessment of over 500 organizations operating across the continent. Findings from this year indicated that the top performing organizations in Africa continued to invest in creating a highly-engaged workforce, with an average engagement score of 81%, compared with a market average of 69%. Additionally, 92% of top ranked organizations invested in having the right HR technology to improve productivity that could drive future success.

Topping this year’s ranking was Lundbeck, a global pharmaceutical company engaged in the research, development, manufacturing, marketing and sale of pharmaceuticals followed by Teleperformance, a leading global service provider in Customer Interaction and Process Management. Zoetis, a global animal health company secured the third position. To be considered, companies must be identified as outstanding employers at least in one of the countries across the continent.

The ranking was determined based on feedback from employees gathered through anonymous surveys and an HR assessment evaluating the people management practices against the best workplace standards.

The top 20 list includes:

  1. Lundbeck
  2. Teleperformance
  3. Zoetis
  4. Groupe Vipp
  5. Comdata Group
  6. Novo Nordisk
  7. BSH
  8. Chaabi LLD
  9. Ekuity Capital
  10. STKE
  11. SG ATS
  12. iNova Pharmaceuticals
  13. Somezzo
  14. Schindler
  15. Coface
  16. Meridiam
  17. Roche
  18. Paps
  19. Ipsen Pharma
  20. IHS Towers

“This year’s Best employers in Africa demonstrated open communication and top team alignment, with clear differentiators of having a continuous approach across employee experience initiatives,” commented Hamza Idrissi, Program Manager for the Best Places to Work in Africa.

ABOUT BEST PLACES TO WORK PROGRAM

Best Places to Work is the most definitive ‘Employer of Choice’ certification that organizations aspire to achieve. Every year, the program certifies and recognizes leading workplaces in many countries around the world with a rigorous assessment methodology and a framework which reflects the very latest in workplace trends focusing on 8 Workplace factors including leadership, HR & people policies, compensation, benefits, teamwork & relationships, employee engagement, workplace & procedures and corporate social responsibility. 

For more information, please visit www.bestplacestoworkfor.org

Cuentas Signs Binding Letter of Intent to Purchase SDI Black 011 LLC and Mango Tel LLC for $3.2M

Acquisition Will Expand Cuentas’ Retail and Mobile Reach and Drive Growth in Key Target Markets

MIAMI, FL / ACCESSWIRE / January 10, 2022 / Cuentas, Inc. (NASDAQ:CUEN)(NASDAQ:CUENW) (“Cuentas”), a leading fintech provider of mobile banking and payment solutions, has signed a binding letter of intent to acquire the operations and distribution network of prepaid wireless and digital provider SDI Black 011 (SDI), as well as Mango Mobile and Black Wireless. The deal is expected to close by or before May of this year.pic2152

Cuentas previously invested in the expansion of the SDI network, and will leverage these assets to accelerate reach of the Cuentas prepaid debit card and digital wallet via retail, mobile and other channels. SDI generated more than $9 million in retail revenue in 2021.

“This acquisition will drive more recurring revenue and create new operational efficiencies for Cuentas.” said Jeff Johnson, CEO of Cuentas. “We expect SDI’s profitable assets to contribute to economies of scale across our business, and enable more solutions within the Cuentas mobile app, driving higher profits and accelerating market growth in our core fintech business.”

The SDI B2B portal serves over 30,000 US bodegas, wireless retailers and convenience stores, and will enable retailers to sell from a portfolio of hundreds of virtual products without carrying inventory, generating incremental profits in real-time.

Black011 and its brands already have hundreds of thousands of subscribers who purchase services via the SDI website and digital portal, both of which connect via API to the largest wireless companies in the world. This technology allows SDI to be one of the largest distribution channels for wireless services in the New York City metro tri-state area and nationwide.

Through this acquisition, both retailers and Black011 subscribers will benefit from access to Cuentas solutions including the Cuentas Prepaid Debit card, OMNY Transit, Amazon cash, prepaid gift cards, rebates, new offers and more.

About Cuentas

Cuentas, Inc. (Nasdaq: CUEN & CUENW) is a fintech e-banking and e-commerce service provider with proprietary technology that delivers digital financial services to the underbanked and un-banked Hispanic, Latino and immigrant population including mobile and online banking, prepaid debit, ACH and mobile deposits, cash remittance, peer to peer money transferring, and other services. The Cuentas General Purpose Reloadable (GPR) Card includes a digital wallet, discounts for purchases at major

physical and online retailers, rewards, and the ability to purchase digital content. For more information, visit https://cuentas.com

Forward-Looking Statements

This news release contains “forward-looking statements,” as that term is defined in section 27a of the United States Securities Act of 1933, as amended, and section 21e of the United States Securities Exchange Act of 1934, as amended. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Except for the historical information presented herein, matters discussed in this news release contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Statements that are not historical facts, including statements that are preceded by, followed by, or that include such words as “believe,” “plan,” or “expect” or similar statements are forward-looking statements.

Investor Relations

Cuentas, Inc.
800-611-3622
info@cuentas.com

SOURCE: Cuentas, Inc.

 

US Insurers to Cover Home COVID-19 Tests Starting January 15

Starting Saturday, private health insurers will be required to cover as many as eight home COVID-19 tests per month for people on their plans. The Biden administration announced the change Monday as it looks to lower costs and make testing for the virus more convenient amid rising frustrations.

Under the new policy, first detailed to the AP, Americans will be able to either purchase home testing kits for free under their insurance or submit receipts for the tests for reimbursement, up to the monthly per-person limit. A family of four, for instance, could be reimbursed for up to 32 tests per month. PCR tests and rapid tests ordered or administered by a health provider will continue to be fully covered by insurance with no limit.

President Joe Biden faced criticism over the holiday season for a shortage of at-home rapid tests as Americans traveled to see family amid the surge in cases from the more transmissible omicron variant. Now the administration is working to make COVID-19 home tests more accessible, both by increasing supply and bringing down costs.

Later this month, the federal government will launch a website to begin making 500 million at-home COVID-19 tests available via mail. The administration also is scaling up emergency rapid-testing sites in areas experiencing the greatest surges in cases.

The insurer-covered testing would dramatically reduce costs for many Americans, and the administration hopes that by easing a barrier to more regular at-home testing, it can help slow the spread of the virus, get kids back into school more quickly and help people gather safely.

“This is all part of our overall strategy to ramp up access to easy-to-use, at-home tests at no cost,” Health and Human Services Secretary Xavier Becerra said in a statement. “By requiring private health plans to cover people’s at-home tests, we are further expanding Americans’ ability to get tests for free when they need them.”

Biden announced the federal requirement late last year, and it kicks in on January 15, but the administration had been silent until now on details of the plan.

The administration is trying to incentivize private insurers to cover the tests up-front and without a cumbersome reimbursement process. Insurance plans that work with pharmacies and retailers to cover the up-front costs of the tests will be required to reimburse only up to $12 per test if purchased through an out-of-network retailer. Plans that don’t move proactively to set up a network of pharmacies would have to cover the full retail price that the customer paid — which could be more than $12 per test.

There was no immediate reaction from insurers, or details yet on potential insurer and retailer partnerships ahead of Saturday’s effective date.

Only tests purchased on or after January 15 will be required to be reimbursed, the administration said. Some insurers may choose to cover the costs of at-home tests purchased earlier, but they won’t have to.

Mina Bressler, a mother of two and a therapist in San Mateo, California, was able to buy rapid test kits online and shared some with a parent who works in the service industry and doesn’t have time to “sit at her computer every hour refreshing the Walmart page to see when tests are in stock.”

“Just like vaccines becoming available really shone a light on the inequity of what’s going on in this pandemic, I think testing is the new flashlight for that because who’s going online stalking Walmart? It’s not the most vulnerable people in the country,” Bressler said.

Americans on Medicare won’t be able to get tests reimbursed through the federal insurance plan, but Medicaid and Children’s Health Insurance Program plans are required to cover the cost of at-home tests fully. Those who are not on a covered insurance plan can receive free tests through the forthcoming federal website or from some local community centers and pharmacies.

Source: Voice of America

Rare Snowy Owl Soars Over Washington, Thrills Observers

A snowy owl apparently touring iconic buildings of the nation’s capital is captivating birdwatchers who manage to get a glimpse of the rare, resplendent visitor from the Arctic.

Far from its summer breeding grounds in Canada, the snowy owl was first seen on January 3, the day a winter storm dumped eight inches of snow on the city.

Since then, it’s been spotted in the evenings flying around Washington’s Capitol Hill neighborhood, landing on Union Station, the National Postal Museum, various Senate buildings, and Capitol Police headquarters.

Late last week about three dozen people in thick coats trained their binoculars on the football-sized bird with bright yellow eyes as it perched on the stone head of Archimedes, a famous ancient Greek mathematician, carved above the train station entrance.

The nocturnal hunter appears to be targeting the city’s plentiful downtown rat population.

“Snowy owls are coming from a part of the world where they see almost nothing human, from completely treeless open Arctic tundra,” said Scott Weidensaul, a researcher at the nonprofit Project SNOWStorm, which tracks snowy owl movements.

Some owls migrate south out of the Arctic every winter, but the number fluctuates, he said. About every 3 to 5 years, a spike in the population of lemmings, their chief food source, results in a larger number of surviving owl chicks. In those “irruption” years, more birds migrate and migrate farther.

Most winters, North American snowy owls don’t go much below the Great Lakes or Cape Cod area, Weidensaul said.

However, “in irruption years, they tend to go farther south than they usually would,” he said. “A lot of the snowy owls we’re seeing now in the East and Upper Midwest are young birds, on their first migration.”

On eBird, a nonprofit platform used by birdwatchers, snowy owls have been reported this winter in Kansas, Missouri, Tennessee, North Carolina and Maryland.

Since it was first seen, the Capitol Hill owl has attracted a few dozen birdwatchers each night hoping to spot the same owl species that delivers messages to Harry Potter.

The onlookers have included new birdwatchers and those who have been doing it for decades, like the Swiss ambassador to the U.S., Jacques Pitteloud. Many are hoping for a “lifer” — the first time a birdwatcher has seen a particular bird.

Last Thursday, the owl perched on a bronze eagle atop a flagpole. Then it soared, its 5-foot white wingspan silhouetted against the inky night sky, to land on a large stone orb held by carved birds, part of an ornate fountain.

Pitteloud picked up his camera tripod and ran through the grass to get a better view. When he later posted on Facebook, the 50-year veteran birdwatcher wrote, “The Superstar of Union Station! Snowy owl, a lifer for me in a very, very unlikely setting!”

Kerry Snyder, who lives in Washington, said she recently became an avid birdwatcher. “I got into birding during the pandemic — it’s a great way to connect with people outdoors, when that’s been the safest place to be.”

She reminded other onlookers not to use flash photography or approach the owl too closely, lest the bird feel startled or threatened — good practices for viewers observing any bird of prey.

Scientists consider snowy owls to be “vulnerable ” to extinction and estimate the total global population to be less than 30,000 birds.

Weidensaul said that threats to snowy owls include urban hazards — in particular, vehicle collisions and poisons used to kill prey animals like rats, which can also kill raptors — as well as climate change.

“The climate is changing more dramatically in the Arctic than anywhere else on Earth,” he said, and that may make sightings like this one even rarer. In some parts of the Arctic, thinning ice is already reducing the number of boom years for lemmings.

After decades studying snowy owls, Weidensaul still feels awe: “This is a piece of the Arctic in downtown D.C. — you’re not going to see a polar bear walking in front of the White House.”

Source: Voice of America