Category: News
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My wife, 50, has terminal cancer. Our estate is worth $18 million. How do we prepare?
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Thank you for all your financial advice. I’m not going to ask you if or when I can afford to retire. I know we are financially fortunate and I know it is embarrassing to give advice to wealthy people. What level of estate planning does one need at different levels…
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Presidential poll: last-minute voters favor Kamala Harris
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The arrival of Election Day can now be measured in hours rather than months, weeks or days, meaning undecided voters must ultimately choose sides. Pollster Frank Luntz said Americans who are truly undecided at this late stage probably won’t vote for Donald Trump or Kamala Harris, and may even miss…
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Enhance labour rights for gig workers
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The rise of the global gig economy, where more people work as freelancers and side gigs, driven by increased access to smartphones and internet connectivity, has transformed the employment landscape in Kenya. This has heralded a new era of flexibility, autonomy and remote working. Platforms such as Uber, Boltt, Jumia,…
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Enhance labour rights for gig workers
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The rise of the global gig economy, where more people work as freelancers and side gigs, driven by increased access to smartphones and internet connectivity, has transformed the employment landscape in Kenya. This has heralded a new era of flexibility, autonomy and remote working. Platforms such as Uber, Boltt, Jumia,…
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We voted for change, now we desperately need it in hospitality
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Now we have a new Chancellor and a new Government, and with the upcoming Budget, there is a crucial opportunity to reset an increasingly bad situation in the hospitality industry. Many of us voted for change to bring in this new government. However, the expectation that employer-only National Insurance contributions…
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Israeli startups raised nearly $1b in October
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Private Israeli technology companies raised more than $8 billion in the first 10 months of 2024, up from $6.9 billion in all of 2023. Israeli startups raised nearly $1 billion in October 2024, according to reports and press releases seen by Globes. The number may be higher because some companies…
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Election Anxiety Grips Emerging Markets as Investors Slash Risk
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(Bloomberg) — From Mexico City to Shanghai, traders, battered by a volatile year, are bracing for a new political shock: a U.S. presidential election that threatens to upend global trade and potentially sour the economic outlook across the developing world. Most read from Bloomberg While the race remains close in…
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Election Anxiety Grips Emerging Markets as Investors Slash Risk
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(Bloomberg) — From Mexico City to Shanghai, traders, battered by a volatile year, are bracing for a new political shock: a U.S. presidential election that threatens to upend global trade and potentially sour the economic outlook across the developing world. Most read from Bloomberg While the race remains close in…
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Unemployed Gen Zers are having to turn work down because they can’t afford the commute and uniform, report shows
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After going through several rounds of interviews, impressing the hiring manager and landing the job, Gen Zers are having to turn down roles they’re offered because of the costs associated with starting a new job, according to 2024 research. A survey of more than 2,000 young people aged between 16…
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Treasury revives plans to tax popular infrastructure bonds
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National Treasury has revived plans to impose a 5% withholding tax on interest earned on infrastructure bonds with maturities of at least three years. Infrastructure bonds (IFBs) have been tax-free since they were first issued in February 2009 – meaning they will be subject to tax for the first time…
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Improve IoT Security with VPN: Protect Device Communications
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As IoT devices become more integrated into our lives, securing their communications is becoming important. A virtual private network (VPN) can protect these devices by encrypting their data and anonymizing them. Learn how a SIM VPN can protect your IoT devices and keep your information safe in a connected world.…
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Improve IoT Security with VPN: Protect Device Communications
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As IoT devices become more integrated into our lives, securing their communications is becoming important. A virtual private network (VPN) can protect these devices by encrypting their data and anonymizing them. Learn how a SIM VPN can protect your IoT devices and keep your information safe in a connected world.…
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Federal Reserve is set to cut rates again while facing a hazy post-election outlook
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Breadcrumb links PMN BMN Business Article writer: Associated Press Christopher Rugaber Published on November 3, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. FILE – Federal Reserve Chairman Jerome Powell speaks during a news conference…
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Azrieli Group seeks slice of Israeli residential market
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Israeli shopping mall and office giant Azrieli Group (TASE: AZRG) has made a non-binding offer to acquire real estate company ZMH Hammerman (TASE: ZMH) at a valuation of NIS 635 million, representing a 5.7% premium to the offering. The company’s market value (600 million shekels). This comes after the completion…
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If I Could Only Buy Shares in One $1 Trillion Company Through the End of 2025, I’d Pick This Outstanding Growth Stock
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That was just over six years ago apple It became the world’s first trillion-dollar company. Now, there are many other companies with a market capitalization of more than $1 trillion, and a few companies worth more than $3 trillion. The stock market can do almost anything in the short term,…
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Iran supreme leader says ‘crushing response’ awaits US, Israel
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Iran’s supreme leader has upped his rhetoric, warning of an “overwhelming response” to the country’s enemies – including the United States – in the wake of an Israeli missile strike on the country a week ago. “The enemies, whether the Zionist regime or the United States, will undoubtedly receive a…
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Wine prices to rise, beer to fall in new tax plans
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Wine prices are expected to rise while the cost of beer will fall under new proposals from the National Treasury, which has imposed excise duty on drinks based on their alcohol content by volume. The Excise Laws (Amendment) Bill, 2024 seeks to restructure the excise duty rate on wine and…
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How collaboration, AI, and finance can bridge the Global North-South clean energy gap
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The International Energy Agency’s recent finding that investment in clean energy in 2024 will be double that in hydrocarbon projects comes with both good and bad news. The good news is that investment in clean energy is expected to exceed US$2 trillion for the first time ever, but unfortunately, most…
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Ethiopia bans imports of gas-powered private vehicles, but the switch to electric is a bumpy ride
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Breadcrumb links PMN BMN Business Article writer: Associated Press Samuel Getachew Published on November 3, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content ADDIS ABABA, Ethiopia (AP) — As fuel prices rose in…
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Advanced training fund taxation remains in budget
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The Ministry of Finance published the 2025 budget proposal scheduled to be discussed by the government tomorrow. Including debt repayment, the budget framework is NIS 744 billion. Today (Wednesday), the Ministry of Finance published the 2025 budget proposal, which will be presented tomorrow for approval by the government. The government…