East African Cables is targeting to unlock Sh350 million from the sale of its non-operating assets as it seeks to generate fresh cash to support its operations. At the same time, the Nairobi Securities Exchange (NSE) listed company expects the sale of its Tanzania subsidiary to Msufini; a manufacturer of chlorine and sodium hydroxide to
This story is a collaboration between the Illinois Answers Project and the Chicago Tribune. Denise Gilmore feels like she’s being taxed out of Humboldt Park. She and her husband, Willie, have lived on Pierce Avenue since 2010, but in 14 years their property tax bill has ballooned more than 60% to $3,319 even though they
It is quite common for taxpayers to resort to tax-evading measures to save their tax outflow to the Government. It is necessary for the Government to keep a tab on such measures by having provisions in the law or introducing new provisions / modifying the existing ones in order to curb this practice. When people
Investors often fear many things when making investment decisions. For some, market volatility and the potential for falling investment values top the list of concerns. However, inflation poses the biggest risk to investments and is one of the key metrics that deserves your full attention. It is surprisingly easy to become accustomed to high inflation.
NEW YORK, June 25, 2024 /PRNewswire/ — PHOENIX, a newly formed DTC platform led by WHP Global in collaboration with an affiliate of Simon Property Group, Brookfield Properties, and Centennial Real Estate, announced today the successful acquisition of the majority of Express Inc.’s retail operating assets. PHOENIX now operates all retail and ecommerce in the United
A property expert, Mr Victor Usoro, has advised potential investors to conduct due diligence and scrutiny before purchasing properties across the country, as there are many pitfalls in real estate transactions. Usoro, who is also the CEO of Webbihomes Ltd, noted that with a rapidly growing population, property purchases can be fraught with risk and
Symbotic Inc SYM shares are tumbling in Monday’s after-hours session on the heels of the company’s third-quarter financial results. Q3 Earnings: Symbotic reported fiscal third-quarter revenue of $491.862 million, beating analyst estimates of $464.55 million, according to Benzinga Pro. The company reported an earnings loss of 2 cents per share, missing estimates for positive earnings
The Budget 2024 amendments have introduced significant changes to the definition of specified mutual funds, making international funds and funds of funds (FOF) more attractive to investors. The key highlight of these amendments is the reinstatement of indexation benefits, which will now apply to these categories. Additionally, long-term capital gains will only be charged if
Hitachi Energy’s wide portfolio spans support for planning, building and operating assets. Energy Risk speaks to the vendor about how this has contributed to its strong Software Rankings performance in 2024 Sporadic market events such as supply disruption, and longer-term trends such as decarbonisation, have given energy companies a lot to think about when it
HOUSE prices in Malaga province reached a record high in June with an average square metre price coming in at €3,282, but there are big savings to be made with inland properties. The figures compiled by real estate portal idealista showed a 4.4% price rise in the second quarter of 2024 above the first three