THE UNITY BANK DIGEST – MAY 01, 2023

Dear Subscriber,

Gratitude attracts positivity 

“The more you practice gratitude, the more you see how much there is to be grateful for, and your life becomes an ongoing celebration of joy and happiness.” — Shari Alyse

Fact is, we all yearn for a perfect life. However, in this never-ending pursuit of everything you desire, how often do you take a moment to appreciate what you already have? The importance of gratitude cannot be overemphasized. You may not be where you want, but being grateful is the gateway to positive emotions that then re-fuel you to get where you want to be. In the lifestyle section of this Unity Bank digest, we have provided ways to learn gratitude to attract positivity in your life.

Businesses are battling rising operating costs 

From forex scarcity to spiraling inflation and sluggish consumer demand, businesses are caught between a rock and a hard place. The continuous rise in  operating costs are taking a  toll on manufacturers’ profitability, forcing them to choose between absorbing the cost burden, thereby raising the risks of layoffs or shutting down, or passing the burden on to customers in the form of higher prices. While most businesses opt for the latter, consumers continue to suffer as rising prices increase their living costs in the face of stagnant income levels.

One example is that MultiChoice has increased the subscription charges for all its packages (by 16%-19%), taking effect on May 1, 2023. This comes one year after the upward review of prices in April 2022.

In this edition of the Unity Bank Digest, we analyse the implications of this move by businesses alongside other economic events, lifestyle, and entertainment stories.

Please enjoy your read!