Business

How to open a sole trader account with Monobank: a step-by-step guide
Business

How to open a sole trader account with Monobank: a step-by-step guide

Opening a sole trader account with Monobank is one of the easiest ways to start a business in Ukraine. Registration takes just a few minutes, you can manage your funds via your smartphone, and all transactions are kept as simple as possible.

SuperStep is closing all its shops in Ukraine: why the chain is leaving the market
Business

SuperStep is closing all its shops in Ukraine: why the chain is leaving the market

The Turkish Eren Retail Group is closing all SuperStep stores in Ukraine. The chain is set to cease operations in May–June 2026, though the company states that this does not mean it is withdrawing from the Ukrainian market altogether: the Lacoste stores, which are also managed by the Eren Retail Group, will continue to operate.

Kyivstar launches the 'Ambitious' educational grant programme: what we know
Business

Kyivstar launches the 'Ambitious' educational grant programme: what we know

Kyivstar is launching the ‘Ambitious’ educational grant programme, investing in opportunities for talented young people who, despite challenging life circumstances, are keen to obtain a high-quality education and fulfil their potential in Ukraine.

OnlyFans and taxes: a model from the Odesa region has lost her appeal over more than 1.7 million hryvnias
Business

OnlyFans and taxes: a model from the Odesa region has lost her appeal over more than 1.7 million hryvnias

The Fifth Administrative Court of Appeal has upheld the decision to impose additional taxes and fines totalling over 1.7 million hryvnias on a resident of the Odesa region who received income from the OnlyFans platform but failed to declare it.

Meta is laying off 10% of its workforce to fund AI projects
Business

Meta is laying off 10% of its workforce to fund AI projects

Meta has announced plans to cut 10% of its workforce, amounting to approximately 8,000 people, and to cancel thousands of job vacancies.

In the Chernobyl exclusion zone, radioactive land was sown, and the harvest was sold at the market
Business

In the Chernobyl exclusion zone, radioactive land was sown, and the harvest was sold at the market

The Public Prosecutor’s Office has referred a case concerning the unlawful use of land in the Chernobyl exclusion zone for profit to the courts.

Kyivstar is testing messaging apps via Starlink’s direct satellite connection
Business

Kyivstar is testing messaging apps via Starlink’s direct satellite connection

Kyivstar, Ukraine’s leading mobile operator, is launching trials of data transmission in Light Data mode via the Starlink satellite network.

Condom prices could rise by 30% due to the war in Iran — Reuters
Business

Condom prices could rise by 30% due to the war in Iran — Reuters

The Malaysian company Karex Bhd, the world’s largest condom manufacturer, plans to raise its prices by 30% if the war in the Middle East continues.

Tim Cook is stepping down as Apple’s CEO after 15 years in the role: who will replace him?
Business

Tim Cook is stepping down as Apple’s CEO after 15 years in the role: who will replace him?

Apple CEO Tim Cook is stepping down. From 1 September, he will become chairman of the board of directors.

Businesses are cutting back on veteran reintegration programmes despite staff shortages
Business

Businesses are cutting back on veteran reintegration programmes despite staff shortages

During 2025, the proportion of Ukrainian companies implementing projects to help veterans return to working life fell significantly – from 43% to 30%.

“We need a clear plan from the ESBU,” – the Ministry of Finance has stated that the government is prepared to find the funds to finance the bureau
Economy

“We need a clear plan from the ESBU,” – the Ministry of Finance has stated that the government is prepared to find the funds to finance the bureau

First Deputy Finance Minister Roman Yermolichev stated that the government would find additional funds to finance the ESBU. However, a clear plan is required from the bureau: when and how many staff members will be hired.

The person currently heading the ESBU should also be a professional, the MP explained why Tsivinsky is ineffective
Economy

The person currently heading the ESBU should also be a professional, the MP explained why Tsivinsky is ineffective

Danylo Getmantsev, Chair of the Verkhovna Rada Committee on Finance, Tax and Customs Policy, stated that the head of the Economic Security Bureau, Oleksandr Tsyvinskyi, should be not only politically independent, but also professional and results-oriented. However, the parliamentary committee currently sees no signs of improvement within the Economic Security Bureau.

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