Business Daily

It is estimated almost eight million people have left Ukraine in the past 12 months. They have all had to start again - finding housing, schools and a way to earn a living. In this episode we hear from Ukrainians who are staying resilient through huge changes to their lives. They tell us about making sure they can provide for their families, run businesses and help their employees. Konstantin Klyagin is an IT and software entrepreneur from Kyiv. When the war started he was on a flight and unable to land in Ukraine. He now lives in Lisbon, Portugal and tells us about helping his employees relocate with him. Vadim Rogovskiy runs an company developing AI software for use in online shopping. Vadim now lives between New York and Poland. He relocated his whole team to Warsaw, Poland on the day of the invasion.Presenter / producer: Alex Bell (Image: Konstantin Klyagin; Credit: Konstantin Klyagin)

It is estimated almost eight million people have left Ukraine in the past 12 months. They have all had to start again, finding housing, schools and a way to earn a living. Some have managed to carry on running their businesses and others have set up new companies in the countries they now call home. Business Daily has been hearing some of their stories of remarkable resilience. Volodymyr and Regina Razumovskaya, now living in Perth, Western Australia, tell us about first leaving Donetsk in 2014 only to be forced to leave their new home and business in Kyiv eight years later. Polina Salabay describes the moment she realised she had to leave her home and dance school business behind in Lviv. She now lives in Canada and runs Polli’s Dance teaching Canadian and Ukrainian children. And Anastasia Kozmina and boyfriend Oleksiyy Danko, tell us how they turned their side hustle into a business when they moved to England. Presenter / producer: Alex Bell (Image: Polli's Dance: Credit: Polina Salabay)

Nearly a year since the Russian invasion of Ukraine, Ed Butler examines the real state of the Russian economy. Ami Daniel, chief executive of Windward, a maritime data company, tells Ed about the Russian oil tankers transferring millions of tonnes of crude oil between ships to bypass sanctions. As the war continues, millions of euros worth of Russian assets remain frozen as a result of sanctions. Urmas Reinsalu, the Estonian foreign minister, tells us about an initiative Estonia is leading to actually seize and exploit some of Russian’s frozen billions for the benefit of Ukraine.Presenter / producer: Ed Butler (Image: A market in Kyiv; Credit: Getty Images)

As the rescue and recovery effort from the devastating earthquake continues, young people who survived are making tough decisions about the future. With Turkey already struggling economically even before the disaster, do they leave and start again in a new region, or a new country? Or stay and help rebuild? Victoria Craig travels to Ankara where she meets Berkay, a second year design student from Gaziantep, one of the most badly affected cities. He drove for 12 hours with his family to reach the Turkish capital. He says he's not sure what the future holds, and he is considering moving to another European country. Roger Kelly is the lead regional economist for Turkey at the European Bank for Reconstruction and Development. He explains how youth unemployment is a particular challenge for southern Turkey, and says it's difficult to say whether people who have been displaced will return when areas are rebuilt. And Professor Güneş Aşık from TOBB Economics and Technical University says students affected by

Boden is a remote town in northern Sweden surrounded by pine forests, it's at the forefront of an initiative to try and clean up one of the world’s dirtiest industries - steel production. Business Daily presenter Maddy Savage visits the site of a new plant in Boden which aims to cut carbon emissions from the steel making process by 95 percent and bring more jobs and people to a shrinking community.Andy Turner is the head of construction for H2Green Steel, the start-up behind the plant in Boden, he tells us more about the site and the process of making greener steel and Katinka Lund Waagsaether, senior policy advisor with climate think tank e3g - third generation environmentalism - tells us how well is Sweden doing in the race to make steel production more sustainable. Producer / presenter: Maddy Savage Image: How the Boden plant is expected to look; Credit: H2Green Steel

Nigerians head to the polls very soon, in what's expected to be a very closely-contested election. In this episode of Business Daily Rob Young explores how the economy could impact the vote. Africa’s largest economy, is struggling with soaring prices, fuel shortages and insecurity. We hear from Maty Ukhuegbe Osaro who runs a restaurant in Lagos called The Fish Lady, she tells us how the pandemic and rising prices have affected her business and about her hopes for the outcome of this election. Economist and financial business boss, Bismarck Rewane, says us the uncertainty around the election has led some large businesses to hold off taking key decisions and Ngozi Okonjo-Iweala, the director general of the World Trade Organisation, and former finance minister in Nigeria tells us she's optimistic about Nigeria's economic potential. Presenter / producer: Rob Young Image :Campaign rally for the Labour Party in Lagos; Credit: Getty Images

Frey Lindsay investigates what some African students are required to do to get a place to study in the UK – and what that costs. We examine the cost and relevancy of English language tests and explore the visa pathways that exclude some Africans. Young African academics tell us about their frustrations and the enormous expense involved. Nigerian policy specialist Ebenezar Wikina tells us about his campaign trying increase inclusion for those Africans who speak English and education scholar Samia Chasi explains why academics and institutions in poorer countries deserve more of a place in global education.Presenter / Producer: Frey Lindsay Image: Student, Donatus outside Glasgow University; Credit: BBC

Business Daily’s Matthew Kenyon visits the Dutch town of Hoogerheide as it hosts the 2023 World Cyclocross Championships. Tens of thousands of fans will flock into the town, and spend their money on hotels, food and drink. But where does that money go? And what about the costs and disruption of putting on a major sporting event in a small place? We hear from the head of the local organising committee, Jan Prop, on how he raises and spends his budget; from cycling’s world governing body, the UCI; and from locals and visitors about the spending and disruption that goes with any big sporting event.Producer / Presenter: Matthew Kenyon Image: Cyclocross 2023; Credit: BBC

Twenty-year-old Aadit Palicha is the man behind India's hottest start up. He was just 18 when he co-founded his quick commerce company Zepto. The firm delivers groceries to its customers in under 10 minutes and is currently valued at over a billion dollars. Aadit tells the BBC's Nikhil Inamdar where the idea for Zepto came from, how they achieve such fast delivery times and what it has been like building such enormous success so quickly.Presenter/producer: Nikhil Inamdar(Photo: Aadit Palicha)

The amount of accessible funding for start-ups in Africa is growing fast, but lots of it goes to the more developed economies of South Africa, Nigeria, Egypt and Kenya. We speak to business owners in Nigeria and Uganda and compare their experiences of getting into business. Nnamdi Okoh is the co-founder of Terminal Africa, based in Lagos. He explains the process of getting onto an accelerator programme and how the advice and financial support has allowed him and his brother to turn the business from a side hustle to a full time job. AbdulMalik Fahd investigates why Lagos has become such a hub for new business on the continent and Tom Jackson the co-founder of Disrupt Africa, a hub for start-up news, explains why investment opportunity is growing so quickly and what this means for business. Kaivan Khalid Satter is the founder of Asaak, an asset financing company for motocyles based in Kampala, Uganda. He explains how tough it was to raise funding at the beginning and tells us how he’s now managed to raise mor

Starting a business is never easy, but in the last few years there’s been more than usual to deal with. Many would assume it's not been a great time to start trading but we speak to three business owners who did just that. Tina Kayoma is the co-founder of Project of Japan in Kyoto. A business that sells products made by Japanese crafts people across the world. She opened her first shop last year. Maria Jose Hernadez is in Switzerland where she runs a confectionary business called El Caramelo and Lisa Nielson is in Ghana where she runs Tiny Reusers, a business that sells second hand baby items. They come together in this episode to explain what it's been like setting up a business where they live. They also discuss the good and bad moments they've had and give their tips for anyone else looking to start a business. Producer/presenter: Hannah Mullane(Image: Tina Kayoma, Maria Jose Hernadez and Lisa Nielson, with kind permission)

Some businesses in South East Asia are growing at remarkable rates by using social media to sell. Live streaming on TikTok and live chatting on apps like Whatsapp, Line and Zalo are all being used to increase sales. We find out how. Nina Dizon-Cabrera is the CEO of make-up brand, Colourette Cosmetics in the Philippines. She explains how her business began on social media and how she can sell thousands of products in just a few hours by live streaming on TikTok. Joan Aurelia heads to Jakarta in Indonesia. The country has over 100,000 TikTok users, the second biggest market for the app after the United States. She speaks to business owners there about how social media has allowed them to transform their businesses. Simon Torring is the cofounder of Cube Asia, a market analyst. He explains how much this new way of selling is contributing to the economy and predicts where the next big trends will come. Presenter/producer: Hannah Mullane(Photo: Nina Dixon-Cabrera Credit: Colourette Cosmetics)

A mentor can take many different forms but ultimately they’re there to give you advice, put you in touch with contacts they have and support you, whether you’re setting up a new business or looking to make the next step in your career. We head to Sweden to speak to Caxton Njuki, a professional sports and health coach who is a mentor to Jessika Sillanpää. He supported her for a year as she set up her business Jessikastory. They give us an insight into their mentoring relationship and how the process allowed Jessika to work on her business full time. Abhishek Nagaraj, an expert in business mentoring at the Haas School of Business at the University of California, Berkley. He discusses the different forms of mentoring and the economic benefits if you have a really good mentor. Producer/presenter: Hannah Mullane (Image: Caxton Njuki and Jessika Sillanpää Credit: Caxton Njuki)

With food and heating prices going up, and wages not rising at the same rate, there is pressure on central bankers across the world to tackle inflation. But is this the right approach? And can it be done without crashing the economy?Ed Butler hears from parents at a cheerleading class in Castleford in northern England, who are concerned about rising prices. They say it is the food shopping where they have noticed the price rises – with one parent shopping online to stop children asking for more items.Jason Furman, a Harvard professor and President Obama's chief economic adviser, explains how we have reached this position – largely as a result of the pandemic and resulting government responses, and the invasion of Ukraine.Former Federal Reserve economist Claudia Sahm explains how prices are rising for the core essentials - hitting poorer households disproportionately which is an issue for the whole economy.And why do we have a 2% inflation target? Mohamed El-Erian, veteran economist and president of Queen’s Co

Presenter Matthew Kenyon visits Dutch tech giant ASML, the company which makes the most advanced machines used in the manufacturing of microchips. It is Europe’s most valuable tech company and business is booming – ASML expanded its headcount by nearly a third in 2022 – but political pressure from the US to restrict exports to China threatens to disrupt the semiconductor landscape. We hear from ASML chief executive Peter Wennink, find out more about the process of creating ASML’s remarkable products and consider what the fallout from Washington’s intervention might be.Presenter/producer: Matthew Kenyon(Photo: ASML expo in Shanghai. Credit: Getty Images)

On World Hijab Day, Business Daily's Emb Hashmi explores the enormous market in modest fashion and in particular the hijab. We meet four women who wear the hijab in their own way and also make a living out of modelling, making and selling hijabs. Dr Sana Askary, founder of Yumin Hijab tells Emb that when she decided to wear the hijab a few years ago she couldn’t find one she could wear comfortably so she designed her own and now runs a hijab business which she’s hoping to expand this year.Shazrina Azman aka Mizz Nina was an award winning Malaysian singer songwriter but a chance moment on Hajj pilgrimage made her realise she wanted to dress more modestly. Sharzina adapted her already very successful fashion business to more modest clothing designs and left her free hair look behind to wear the hijab.Lalla Mariah al-Idrissi is a model and filmmaker and tells us she’s considered a model with hijab she's considered a model with hijab because the hijab is such a significant part of her appearance and Eniya Rana a

Presenter David Reid explores the huge market in military memorabilia. Enthusiasts recreating historical battles has surged in recent years and driven a boom in the market for military uniforms and artefacts. We speak to dealers and buyers and explore the ethics of what some say is a blood soaked trade.David reports from a re-enactment event and speaks to John Ruffhead, the co-ordinator for the Royal Navy Beachhead Commando re-enactors, to find out more about those who take part. Charlotte Huxley-James, a World War Two living historian tells us about the military uniforms she has bought over the years and why authenticity really matters.We also hear from military memorabilia dealer Malcolm Fisher who tells us the market for what he sells is huge and defends the trade in Nazi artefacts. Producer/presenter: David Reid(Photo: US Army Sergeant in uniform decorated with medals. Credit: Getty Images)

Ade Ayeyemi, the CEO of Ecobank - Africa’s biggest bank - speaks to presenter Peter MacJob about the economic woes facing much of Africa and explores the leadership and policy adjustments needed to turn the continents fortunes around.In a candid and wide ranging interview Mr Ayeyemi says that African governments need to stop introducing subsidies and start collecting more taxes in order to manage their economies better.Presenter/producer: Peter MacJob(Photo: Ade Ayeyemi, CEO Ecobank. Credit: Getty Images)

For the final episode of our cost of living series, the Business Daily team are in Dresden, a manufacturing powerhouse in the east of Germany. Leanna Byrne speaks to small business owners, students considering taking on extra paid work and a big manufacturing boss about how the rising cost of living is affecting them and their livelihoods.Detlef Neuhaus, the chief executive of one of Germany's biggest renewables companies - Solarwatt - tells us how the war in Ukraine has changed the mindset of some people when it comes to the value of renewable energy and how their manufacturing costs have gone up in recent months.Presenter: Leanna Byrne Production: Izzy Greenfield and Alex Bell Image: Dresden; Credit: Getty Images

We all know a coffee shop, a restaurant, a greasy spoon, a pub or a fine dining eatery that has closed in the last few months. But why, after two years of forced closures because of the coronavirus pandemic, are hospitality businesses closing now? Leanna Byrne speaks to hospitality business owners from three different countries to find out how they’re covering their overheads. Alessandro Borghese is a chef who owns restaurants in Milan and in Venice. He says he’s paying more for everything from food to oils and staff. And Mandla Mataure is the managing director for the Chimanimani Hotel in Manicaland in eastern Zimbabwe.Zimbabwe ended 2023 reporting a 244% inflation rate. How does Mandla deal with constant price rises when staff are looking for more money?Oliver Mansaray owns the restaurant, Kink, in Berlin. Oliver opened his first ever hospitality business right before the pandemic struck. Like Mandla, he’s taken on the cost of living challenge by cutting costs elsewhere and trying to be more efficient. Pres