Category: contracts
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Government urges public sector buyers to award more contracts to small businesses
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The government issued new guidance to direct the public sector buyers to facilitate small companies winning a share of 400 billion pounds annually spending on goods and services. The National Procurement Policy, which enters into force on February 24, encourages 20,000 public agencies to simplify tender operations for small and…
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Teachers on personal contracts program yields zero results
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In October 2022, the government came to an agreement with the Israeli Teachers’ Union that included the employment of specialist teachers on personal contracts, due to a shortage of teachers at a high level in mathematics and science. After more than two years, and despite the fact that hundreds of…
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Construction contracts for first time in 11 years
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The construction sector suffered its first contraction in nearly 11 years, with output falling by 2.9% in the quarter ending June 2024, hit by rising input costs, new data from the Kenya National Bureau of Statistics (KNBS) showed. The cost of inputs including cement, quarry products, sand and paints rose…
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GMB calls for government to prioritise union-friendly firms in public contracts
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GMB, one of the UK’s largest trade unions, is urging the government to favor businesses that recognize trade unions when awarding public contracts. The call comes after revelations that Amazon secured £1 billion in government contracts despite allegations of “union-busting” practices. At the Labor Party conference today, GMB will push…
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A Cautionary Tale Of Unverified Contracts And Cryptocurrency Exploits
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The world of decentralized finance (DeFi) and Web3 has long been hailed as the future of financial transactions, offering a more transparent and accessible alternative to traditional banking systems. However, the inherent complexity and evolving nature of the field has also made it a prime target for malicious actors looking…
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Vow ASA outlines solid growth and new contracts By Investing.com
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In a recent earnings call, Vow ASA (VOW) CEO Henrik Badin and CFO Tina Tonnessen discussed the company’s financial health and strategic developments. They announced a new bank agreement that secures stability, reported improved margins, and confirmed a strong order backlog across three main business areas. Vow ASA is also…
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Vow ASA outlines solid growth and new contracts By Investing.com
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In a recent earnings call, Vow ASA (VOW) CEO Henrik Badin and CFO Tina Tonnessen discussed the company’s financial health and strategic developments. They announced a new bank agreement that secures stability, reported improved margins, and confirmed a strong order backlog across three main business areas. Vow ASA is also…
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China’s June factory activity contracts again, services slows By Reuters
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By Joe Cash and Ellen Chang BEIJING (Reuters) – China’s manufacturing sector activity fell for the second straight month in June while services activity fell to a five-month low, an official survey showed on Sunday, keeping calls for more stimulus alive as the economy struggles to return to normal. Its…
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Contracts for new Sh12bn power hub to be ready in June
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Contracts for the construction of a new national electricity transmission center to be managed by the Kenya Electricity Transmission Company (Ketraco) will be ready this month for approval by Attorney General Justin Muturi, raising hopes for favorable consumer prices. The National System Control Center (NSCC) is currently located on Juja…
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Russia eases forex sales requirements for contracts in roubles By Reuters
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MOSCOW (Reuters) – The Russian government has eased requirements for mandatory foreign currency sales for exporters if more than half the value of their contracts is paid in rubles, according to changes to a government decree. President Vladimir Putin signed a decree in October reimposing capital controls, affecting dozens of…
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Russia eases forex sales requirements for contracts in roubles By Reuters
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MOSCOW (Reuters) – The Russian government has eased requirements for mandatory foreign currency sales for exporters if more than half the value of their contracts is paid in rubles, according to changes to a government decree. President Vladimir Putin signed a decree in October reimposing capital controls, affecting dozens of…
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Labour Could Cancel Train Contracts Early if Elected
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Britain’s privately owned train operators could start taking back control of their networks as early as July 5 if Labor wins the general election. Boris Johnson’s vision for a new Great British Railway to replace the privatized concession system has been halted by the dissolution of Parliament due to a…