Category: Planned
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Price of electricity to rise by less than planned
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The Israel Electric Utilities Authority decided to raise consumer tariffs by 3.5% in January. After studying responses to a public hearing on the matter, the Israel Electric Public Utilities Authority decided on a more moderate electricity tariff increase for 2025 than originally envisaged. The price of electricity to the consumer…
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Wall Street Gears Up For Crypto Boom: New ETFs Planned As Trump Returns To Office
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With the president-elect Donald Trump Set to begin his second term in the White House on January 20, Bloomberg reports that Wall Street is preparing to launch a new wave of financial products that invest in the cryptocurrency market. The “Wild West” era of cryptocurrency ETFs In the run-up to…
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Israeli homeowners could be hit hard by planned tax changes
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The Ministry of Finance recently published a draft of a new law that includes a set of measures to increase revenues for the war-torn economy, some of which relate to real estate, and will have major repercussions for home buyers. Important measure Almost all of the real estate-related measures in…
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Starlink stirs rivalry with planned Uganda, Tanzania, Burundi entry
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Starlink, the internet services company owned by billionaire Elon Musk, aims to enter the markets of Uganda, Tanzania, Burundi and Zimbabwe by the end of this year, hoping to strengthen its presence in the region and spark competition with established telecom companies. In a schematic posted on its website, the…
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Hezbollah chief says Sunday attack on Israel went as planned, further strikes possible By Reuters
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BEIRUT (Reuters) – Hezbollah leader Sayyed Hassan Nasrallah said on Sunday his group would assess the impact of its missile and drone attack on Israeli military targets earlier in the day before deciding whether to carry out further attacks to avenge its slain commander. The leader of the Lebanese militant…
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How commercial parastatals will change in planned law
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Treasury Minister Njuguna Ndongo has put forward far-reaching legal changes that seek to provide a new framework for establishing, monitoring and measuring the performance of government-owned companies. The Government-Owned Enterprises Bill 2024 seeks to reform governance structures and strengthen the accountability of state-owned commercial enterprises where they control more than…