Bobby Healy on why Manna drone delivery could be the ‘biggest technology company in the world for its space’
This week we’re flying high with the Irish drone delivery company Manna.Its founder and chief executive is Bobby Healy, who joined host Ciarán Hancock in studio to discuss what he believes is Manna’s massive growth potential.Set up in 2019, Manna only recently began generating revenues and is yet to turn a profit. It is currently flying nine drones in Dublin 15 and has made more than 170,000 deliveries in Ireland so far.It has another eight drones operating outside Ireland. But that is just the tip of the iceberg.You’ll hear Bobby’s ambitious plans for expansion into the United States and the Nordic countries and how it would need 45,000 drones just to serve the UK market.And he wants to manufacture all of those drones in Ireland.It’s a cash hungry company with plans to raise many millions of dollars from investors but Healy is thinking big and believes Manna can become Ireland’s biggest corporate success story.Of course, not everyone is delighted by having drone deliveries in their areas and Healy addresses some of those complaints in the interview.An engaging entrepreneur, Healy has previously sold three travel tech companies. So, he has form in this space.Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
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Will rent reform make building apartments viable?
Conall Mac Coille, chief economist at Bank of Ireland, joins Cliff Taylor and Ciaran Hancock to talk about Irish economic and business news:RPZ reform: will changes to rules for landlords and tenants help bring investment to Ireland IFAC report: why Ireland's corporate tax receipts may be about to boom again. But will it last? Produced in association with EY. Hosted on Acast. See acast.com/privacy for more information.
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How to manage your pension in these volatile times
Donald Trump’s second term in the White House has seen markets go through a period of extreme volatility, something that has worried many Irish pension holders. How should they react? Should they react at all? And what is the outlook for the rest of this year?Munro O’Dwyer is a partner at PwC Ireland and joins host Cliff Taylor in studio to discuss managing your pension in volatile times. In the second half of this episode of Inside Business, Irish Times Economics Correspondent Eoin Burke-Kennedy looks at why so many companies are pulling back from their pledge to go green and lower carbon emissions.This alarming trend is worrying given the latest analysis by the Environmental Protection Agency that shows that Ireland is going backwards in its attempts to achieve its 2030 greenhouse gas emissions targets.So why the about-face on an issue that affects us all? Is reaching net zero emissions simply not realistic for many companies? Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
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Ford Chief Lisa Brankin on accelerating the switch to EVs
New electric vehicle sales here dipped last year by 24% when compared to 2023, further making a mockery of the government’s target of 1 million EVs on Irish roads by 2030.A reduction in the SEAI grant and gaps in charging infrastructure fed into consumer uncertainty when it comes to making the switch from petrol and diesel vehicles.But that trend looks to be reversing this year, something that Lisa Brankin, chairman and managing director of Ford UK & Ireland, will be keen to see accelerate.She joined host Cliff Taylor in studio to discuss the challenges of going electric, her plans for the company’s future, and the launch of Ford Power Promise across Ford’s range of electric cars in Ireland.Also on this week’s episode of Inside Business, AIB’s Economic Outlook Report for May highlights how global uncertainty and an escalation in trade tariffs could lead to a slowdown in global and Irish growth in 2025 and 2026.That said, the report also points out that the Irish economy has built up a certain level of resilience to withstand a potential trade shock in the short term.AIB Chief Economist David McNamara went through the risk US tariffs and future US tax policy pose, and the outlook for 2025 and 2026.Produced by John Casey and Suzanne Brennan with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
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‘We’re at a critically low level of housing stock’ for buyers and renters
This week brought more bad news for first time buyers and those renting.Figures from both the CSO and property website Daft.ie suggest that house prices and rents continue to soar across the country. The national monthly average rent between January and March surpassed €2,000 for the first time. And the chronic shortage of supply for those looking to buy put house price inflation at 7.5% in March.To discuss these numbers and to tease out some potential solutions to the housing crisis, host Ciarán Hancock was joined by Eoin Burke Kennedy, economics correspondent of The Irish Times who has reported on the data.And by Marian Finnegan, an economist and a senior executive at Sherry Fitzgerald, Ireland’s biggest estate agent.Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
A weekly look at business and economics from an Irish perspective hosted by Irish Times Business Editor Ciarán Hancock. Produced in association with EY. Hosted on Acast. See acast.com/privacy for more information.
Ireland