BUSINESS

Ugandan officials have urged European countries to invest and trade more with the East African country, citing several benefits including an expandiing market and tax exemptions. Uganda remains committed to fostering economic cooperation and connectivity, particularly with the European Union (EU), said Uganda Investment Authority chairman Morrison Rwakakamba.
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2 years ago Read more at chimpreports.com

As of this morning, March 5, 2024, these websites no longer work. Instead, as Google promised, they are redirecting to the Google Business Profile on Google Maps. As a reminder, this redirect will stop working in the next couple of months.
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2 years ago Read more at Search Engine Roundtable

The report stated that China will increase its military budget by 7.2% this year. Its military spending for this year is estimated to rise to 1.67 trillion yuan, or $231 billion, the biggest increase in five years, Bloomberg noted. Advertisement This increased spending is an indication of its stance against Taiwan, a defense scholar at the Rajaratnam School of International Studies said.
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2 years ago Read more at Business Insider

Mandela’s Houghton house will be rezoned into a business property. Collen Mashawana Foundation is in charge of the renovations. Mandela family declines government’s offer to renovate late statesman’s Joburg mansion.
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2 years ago Read more at The Citizen

British Business Bank chief executive officer Louis Taylor spoke to IPE about designing such a vehicle. He said the bank has been tasked with a variety of objectives all around helping small businesses get access to finance. The bank has investments with over 70 venture capital and growth equity funds giving exposure to more than 1,200 companies, over half of which are in the UK.
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2 years ago Read more at IPE.com

Optimism levels in the global travel retail industry remained stable in Q4 2023. 68% of respondents to the latest TRBusiness TR Confidence Tracker feeling “very” or “quite” optimistic about the year ahead. However, the data underscore that confidence levels have not improved following the significant 25 percentage point drop revealed in the previous flash poll.
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2 years ago Read more at TRBusiness

Chinese Premier Li Qiang announced a 5% economic growth target for 2024. The goal faces headwinds such as a property crisis, deflationary pressure, and a demographic crisis. Economists suggest Beijing may need to inject more stimulus into its economy to reach the target. In comparison, China's GDP grew 5.2% in 2023.
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2 years ago Read more at Business Insider

A 45-year-old man allegedly attempted suicide outside district police chief in Shahjahanpur. Police said the victim, identified as Tahir Ali, set himself on fire by pouring petrol over his body. The police in a prompt action extinguished the flames, and rushed him to the hospital. Ali suffered 40 per cent burn injuries and doctors said his condition to be stable.
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2 years ago Read more at The Indian Express

A Nigerian man was shocked to find its price escalated to 200k naira within just two hours due to claimed market fluctuations. The shop owner justified the price hike by alleging a sudden change in market prices. Social media reactions varied, with many calling for governmental intervention to regulate prices and protect consumers from opportunistic practices.
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2 years ago Read more at BNN Breaking

Xie will bring over two decades of banking expertise to her new role at BIL Suisse. This strategic hire underscores the bank's commitment to enhancing its services for both entrepreneurs and corporate clients within the APAC markets.
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2 years ago Read more at BNN Breaking