Category: seeks
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World Bank seeks sanctions, jobs for refugees in new Sh158bn loan
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The World Bank has asked the government to impose sanctions on Cabinet ministers, governors and CEOs of parastatals that continue to pay canceled concessions as part of conditions for a 157.8 billion shillings ($1.2 billion) loan to Kenya. The Washington-based bank also asked the country to lift its ban on…
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World Bank seeks sanctions, jobs for refugees in new Sh158bn loan
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The World Bank has asked the government to impose sanctions on Cabinet ministers, governors and CEOs of parastatals that continue to pay canceled concessions as part of conditions for a 157.8 billion shillings ($1.2 billion) loan to Kenya. The Washington-based bank also asked the country to lift its ban on…
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Real estate sale: Country club seeks higher price in sale of 2,000-year-old sacred ceremonial grounds
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The Ohio State Historical Society is one step closer to taking control of ancient ceremonial and burial earthworks maintained by a country club where members play hillside golf. The trial was scheduled to begin Tuesday to determine how much the historical society should pay for the site, which is among…
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Real estate sale: Country club seeks higher price in sale of 2,000-year-old sacred ceremonial grounds
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The Ohio State Historical Society is one step closer to taking control of ancient ceremonial and burial earthworks maintained by a country club where members play hillside golf. The trial was scheduled to begin Tuesday to determine how much the historical society should pay for the site, which is among…
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London Office Market Poised for Recovery as Great Portland Estates Seeks £350m Investment
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Great Portland Estates (GPE) is urging shareholders to support a £350m fundraising initiative to capitalize on what it sees as the bottoming out of the commercial property market. The funds will be used to purchase and develop further office space in London, and take opportunities to purchase high-quality assets at…
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Equity seeks fraud busters to counter loss of client deposits
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Equity Group names top fraud busters just a month after losing millions of shillings to fraudsters, signaling a move by Kenya’s most profitable lender to strengthen its anti-fraud team. The bank, which recently raided the Central Bank of Kenya (CBK) and PricewaterhouseCoopers (PwC) in search of talent to strengthen its…
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Biden administration seeks end to federal coal leasing in Powder River Basin
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Slavko Sereda/iStock via Getty Images Benchmark crude oil prices rose on Friday to end the week at their highest levels this month, as economic indicators from China and the United States, the world’s largest oil consumers, raised hopes of rising demand. Oil prices also received support This week after the…
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HMRC Seeks Another Bite in ‘Mega Marshmallow’ Tax Case
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After losing twice in the protracted ‘huge marshmallow’ tax case, HMRC has announced its intention to lodge another appeal. Last month, the High Tax Court upheld a lower court ruling that “jumbo marshmallows” sold by London-based wholesaler Innovative Bites are not considered sweets and are therefore exempt from VAT. The…