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Malta
Incentives for occupational pension schemes
The government will next year offer fiscal incentives to employers who voluntarily opt to set up occupational pension schemes, Finance Minister Edward Scicluna announced in the Budget speech today. The incentives will be in the form of tax credits. The minister said Malta's financial infrastructure is to be strengthened next year ...
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Malta
No power tariff cuts, but more incentives for renewable energy use
Finance Minister Edward Scicluna this evening dashed hopes that power tariffs would be reduced in Budget 2017 but said households will be able to invest in 'solar bonds' and benefit from the yield on photovoltaic installations installed in public spaces. He said that some 1,000 families will benefit from grants for ...
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Malta
Tax cuts on property purchases, transfer of family business; subsidy on rents to double
Updated - The government will be waiving tax on dividends from investment on the Malta Stock Exchange. Presenting the 2017 Budget, Finance Minister Edward Scicluna said that for next year only, the government will be facilitating the transfer of family businesses from parents to their children by reducing the tax on ...
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Malta
LIVE commentary: Budget 2017
It's that time of the year when you sit in front of a laptop or TV and wonder whether your salary/pension/allowance/guilty pleasure would be impacted next year. Herman Grech will update you as it happens. 9.25pm: It's not over yet. The Prime Minister and the Opposition leader will now hold their press ...
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USA
White Collar Watch: The Shadowy Line Between Friendly Sales Pitch and Deception
The S.E.C. sued the Texas attorney general for securities fraud related to his role promoting Servergy, a tech company, but a judge rejected the agency’s claims.
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Nuova Zelanda Regno Unito
NZ, UK to start regular trade talks
Britain and New Zealand have agreed to set up regular trade policy talks to help push for greater global trade liberalisation and reform as Britain leaves the EU.
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Kenya Yemen
Nairobi: Kenyan Businessman sues two banks and a firm over Sh100m property
A Nairobi businessman Mohamed Aden Barre has sued two banks and a business firm for allegedly releasing his title surrounding Sh 100 million property fradulenty.
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Kenya
Nyanza: I used entertainment allocation to fund Mock exams, says Rasanga
Siaya Governor Cornel Rasanga has defended his move to sponsor standard eight Mock exams claiming that he used part of the county entertainment allocations.
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Regno Unito
Business News: Atlas African Industries suspended from bourse as adviser quits
Atlas African Industries was yesterday suspended from trading at the London Stock Exchange (LSE) after its nominated adviser resigned.
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Angola
Business News: Global oil slump left Angola coffers $6 billion poorer in 2015
The sharp drop in oil prices over the past year cost Angola about $6 billion in revenue, President Jose Eduardo dos Santos said yesterday, and will force the country to borrow more to make up for the shortfall.