ICYMI: Our latest report is out now. Resource royalties funded 50 cent fares in Queensland. What else could we fund if we priced royalties to capture a larger share of profits during boom times? https://lnkd.in/g4wNQUjy
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1000 Rupee SIP in a fund since 1995 has given 2.69 Cr (Inv Cost = 3.51L) But do you know that the first 37 SIPs (out of 351) alone contribute 1.37 Crs of the total 2.7 Crs 37 351 installments (10% of investments) contribute to 50% of the total value. The first installment of 1K is now worth 4.19 Lakhs! Clearly shows how important is the time given for investments..
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After seeking from the Ugandan Cabinet during its sitting of Monday, 13th May, 2024, Ministry of Finance, Planning and Economic Development has presented Supplementary Budget Request No.3 in FY 2023/24 amounting to Shs. 288.624 billion for the following urgent additional expenditure needs: Link: https://lnkd.in/d_Q-3_nu 1. Shs 132.634 billion (USD 34 million) - UNOC for additional equity acquisition in East African Crude Oil Pipeline (EACOP). 2. Uganda Blood Transfusion Services (UBTS) – Shs 2.5 billion to meet the shortfall in the operational budget for the UBTS for blood collection, processing and distribution for this Quarter. 3. Shs 152 billion to National Council of Sports – as 30% advance payment for the construction of Hoima City Stadium in preparation for AFCON27. 4. Uganda Embassy in Geneva – Shs 1.49 billion address a funding shortfall arising from a loss of poundage and an increased schedule on account of Uganda’s assumption of Chairmanship of the Non-Aligned Movement. With Shs 400 billion currently in the Petroleum Fund, MofPED hopes to utilise Shs 284.634 billion, in line with the Section 59 (3) of the PFMA, 2015 (amended) to finance the acquisition of equity in East African Crude Oil Pipeline (EACOP) and construction of Hoima City Stadium. The rest 3.990 bn will be gotten from savings from wages and salaries.
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What is BADR, and how can you help protect it from getting the chop in the imminent budget? 🪓 Business Asset Disposal Relief (BADR), previously and more commonly known as Entrepreneurs' Relief, is a capital gains tax (CGT) relief intended to incentivise individuals to start, grow, and invest in businesses. In turn, it helps: - Drive innovation and technological advances - Create jobs - Support regional development - Drive inbound investment - Increase net tax revenue generation Just to name a few... How you can help: Vestd has put together a template that you can use to email and put pressure on your local MP. I will include a link in the comments to find out who your local MP is and to our email template. Let's make our voices heard and do our bit to support the incredible innovation happening in the UK! 📢
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Sabatini to act as Independent Industry Chair for EU shift to T+1. Giovanni Sabatini will play a key role as the link between the industry and the public sector working to shorten the settlement cycle https://lnkd.in/exxzedvk #fundadmin #Custody
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5 reasons to choose Lamna as your partner in property bridging finance: 1. We offer short-term finance solutions of up to 80% of your money BEFORE REGISTRATION. 2. We offer you a quick and easy application process that ensures funds are paid out within 24 hours. 3. We have a trusted team of experts, that have assisted over 11,000 clients with their funding needs. 4. We don’t charge any hidden or unexpected fees. All calculations and charges are fully disclosed and discussed upfront so other you can make informed decisions. 5. We are member of the Bridging Finance Association of South Africa (BFASA) and are an accredited financial services provider, registered with the National Credit Regulator. DON’T WAIT – ACCESS YOUR EARNINGS NOW : https://bit.lyPropertyBridgingFinance #bridgingfinance #advanceagainstproperty #propertysale #sellingproperty #propertytransfer
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Negotiations with Independent Power Producers (IPPs), particularly those involving local owners under the 1994 and 2002 power policies, have entered a new phase. Prominent businessmen who own these IPPs have been approached by certain state actors and, in many cases, pressured to accept terms without question. Some IPPs face contract terminations, while others are being pushed to accept “take-and-pay” agreements or lower returns on equity. Most of these IPPs had already renegotiated during the PTI government, but the impact was negligible then and is likely to be even smaller now. The real focus should be on the IPPs established under the 2015 policies, where most of the funding came from Chinese investors. The government attempted to negotiate with the Chinese, but they returned empty-handed. This raises the question: why target the local IPPs again? What’s particularly striking is the government’s apparent eagerness to offer incentives to foreign investors—especially those from GCC countries—while squeezing local business groups dry. For instance, the federal government is working on selling a 15% share in Reko Diq at a bargain price to Saudi investors, primarily to meet the IMF’s gross financing need conditions, which is causing delays in IMF board approvals. https://lnkd.in/dN3qSEZH
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The real focus should be on the IPPs established under the 2015 policies, where most of the funding came from Chinese investors Ahsan Iqbal Chaudhary Can you answer these questions?
Negotiations with Independent Power Producers (IPPs), particularly those involving local owners under the 1994 and 2002 power policies, have entered a new phase. Prominent businessmen who own these IPPs have been approached by certain state actors and, in many cases, pressured to accept terms without question. Some IPPs face contract terminations, while others are being pushed to accept “take-and-pay” agreements or lower returns on equity. Most of these IPPs had already renegotiated during the PTI government, but the impact was negligible then and is likely to be even smaller now. The real focus should be on the IPPs established under the 2015 policies, where most of the funding came from Chinese investors. The government attempted to negotiate with the Chinese, but they returned empty-handed. This raises the question: why target the local IPPs again? What’s particularly striking is the government’s apparent eagerness to offer incentives to foreign investors—especially those from GCC countries—while squeezing local business groups dry. For instance, the federal government is working on selling a 15% share in Reko Diq at a bargain price to Saudi investors, primarily to meet the IMF’s gross financing need conditions, which is causing delays in IMF board approvals. https://lnkd.in/dN3qSEZH
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Akaun Fleksible now has a new account that provides flexibility for short-term financial needs! Savings in this account are accessible for withdrawal anytime, tailored to meet members' immediate requirements. Between 11th May 2024 to 31st August 2024, members will have a ONE time option to transfer part of their savings balance in Akaun Sejahtera as an initial amount to Akaun Fleksible. Check out this guide to initiating an amount transfer to your Akaun Fleksible. #MYwave #EmplX #EPF #AkaunFleksibel #Guide
EPF Account Restructuring Initiative Steps For Akaun Fleksibel Initial Amount Transfer
https://mywave.biz
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The IRRV has responded to the MHCLG's consultation on the provisional local government finance settlement 2025 to 26. This important consultation will determine the final amounts of the Revenue Support Grant and section 31 grants distributed alongside the settlement to each local authority in England. The response can be found at https://zurl.co/X9l9C
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FAIR Canada supports the Canadian Investment Regulatory Organization’s (CIRO) proposal to compensate investors due to misconduct. While the proposal will help, a real game changer would be for CIRO to require its members to comply with the Ombudsman for Banking Services and Investments’ (OBSI) compensation decisions. The Canadian Securities Administrators plans are continuing their work on making OBSI decisions binding. The coalition of consumer advocates continues to support their work—we need a system that truly works for investors. To learn more, read our commentary: https://lnkd.in/gHZ9f_-p For more information on our investor advocacy work, visit FAIRCanada.ca #Investors #Investing #Finance #InvestorProtection #Regulation #CIRO
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