The Sunday Times Ireland’s Post

IMA Grenada has officially published the changes to be made to Grenada's Citizenship by Investment Programme from July 1, 2024. Most notable are the following: ~ The removal of the special price for single applicants in the NTF option. ~ The establishment of a minimum NTF investment amount of $235,000 for applications of one to four applicants. ~The establishment of a minimum real estate investment amount of $270,000. ~ The capping of real estate commissions paid to agents at $40,000 from investments paid to the escrow account. Read the full circular at the link below. #Grenadacitizenship #investmentmigration #citizenshipbyInvestment

In a dynamic landscape Cameroon’s energy sector, entrepreneurs looking to establish an energy company find themselves at the forefront of a transformative industry. This comprehensive guide , presented by Kinsmen Advocates Law Firm 🇨🇲, unravels the strategic intricacies of registering an energy company in Cameroon. Read full article 👇 https://lnkd.in/ezjXqKqm

Minister for International Trade and Investment Richard Maru has reportedly advised the developers of the Paga Hill project in Port Moresby to extend ownership to local investors. This includes creation of a company to be listed on PNGX. If the listed company has the benefit of the tax concessions granted to the Paga Hill development by virtue of its SEZ status it could be very attractive to potential investors. PNGX looks forward to participating in the foreshadowed talks with the Minister and the Securities Commission of Papua New Guinea. Could this, as foreshadowed by the Minister, be the first of a series of SEZ-based new listings? Could it be PNG's first REIT? #pngx #png #pngbusiness #growyourwealth #investinpng https://lnkd.in/gtK5dXG5

*October 8th, 2024* **Seeking Justice for a 26-Year-Old Investor* *By Sabiiti Herbert* Today, I write with a heavy heart and frustration, even as I acknowledge that I might not have all the details about my friend's predicament. To provide some background, I first met miss Vasundhara Oswal who would eventually become a dear friend. This young woman, now 26 years old, has invested over USD 60 million into an ethanol plant—the largest of its kind in East Africa. What drew me to her wasn’t just her business acumen but her story. At just 23, she came to Uganda with her parents' support and built this massive project from the ground up. She’s not just an investor; she’s a visionary and a master negotiator. Given my passion for empowering the youth of Uganda, I saw in her an extraordinary individual and felt compelled to support her settle in Uganda. But then, out of nowhere, I received a call: my friend had been arrested, accused of kidnapping and attempted murder. It seemed too far-fetched to be true. Today, as I read her father’s open letter to the President of Uganda, expressing his deep frustration, I couldn’t help but empathize. When I spoke with him, his desperation was palpable. I am not a judge, nor do I claim to be a criminal investigator, but from what I gathered, it seems like this young woman may be entangled in a crime that isn’t hers to bear. If there are business conflicts or accusations of kidnapping, it appears the weight of these issues should rest with her father. The situation underscores a troubling reality: while Uganda is a country of peace and a fertile ground for investment, sometimes we falter, allowing mistakes that could have been easily avoided. It’s disheartening to see such a promising, ambitious investor face such challenges in a system that has its flaws. Despite the ordeal, I today visited her at Nakasongola Prison, and I was struck by her resilience. She didn’t ask for much—just 10 books and a Bible, wanting to nourish her mind and spirit. Her resolve remains unbroken, even in such a difficult time. I will continue to encourage her to soldier on and hope she doesn’t give up on Uganda once this chapter concludes. I hold hope that the President, whose discernment and wisdom I respect, will see the injustice here and intervene accordingly. *sabiiti10@gmail.com*

Thanks Stephen Oates for this article clarifying the difference between De Minimis, MFA and the impact on SEIS investment. The new Subsidy Control following Brexit means that any small MFA grant awards will now not impact a company's SEIS raise. This is particularly relevant to start-ups raising venture capital and securing small grant funding. #VC #grants #investment #finance https://lnkd.in/eyWTa9ey

In #kenya the Cabinet Secretary for the National Treasury and Planning recently gazetted the Capital Markets (Alternative Investment Funds) Regulations, 2023 (AIF Regulations) which took effect on 15 December 2023. The AIF Regulations are aimed at bringing private equity, venture capital, hedge funds and similar entities within the Kenyan Capital Markets Authority's (CMA) regulatory ambit. In neighbouring #uganda , the East Africa Private Equity & Venture Capital Association (EAVCA) has continued to lobby the Ugandan CMA to take similar steps arguing that this would help local PEs compete with foreign ones coming out of tax havens. Significant progress is yet to be registered on this front in Uganda but one can only remain hopeful. Of course the eventual harmonisation of regulation across the #eastafrica region would be most ideal making the region even more attractive for investment. #venturecaptial #privateequity #capitalmarkets #regulation

The man that bought that land for 7.5 million naira a plot, assuming he bought two plots, he would have made a whopping 60 million naira by now. Imagine your 15 million naira investment giving you 60 million naira in just a year. What will then happen in 5 years? If he had not invested atall but kept the money in the bank, will bank interest generate that kind of interest for him in just a year? You can now see why the rich are getting richer and the poor who save their money instead are getting stagnant or even poorer. To make money you have to let go of it by investing. Don't hoard or save money!. Don't play with real estate atall. It can change your life

As the leading legal advisor to the Guernsey funds industry, Carey Olsen is pleased to note a number of positive findings for Guernsey highlighted in Proskauer Rose LLP's recently published European Venture Capital Fundraising Market Report: ·  Of the funds surveyed, Guernsey was by far the most popular domicile, with twice as many European VC funds formed there compared to any other jurisdiction.   ·  VC funds "… favour jurisdictions [i.e. Guernsey] which are considered as familiar, lower-cost and less administratively burdensome than Luxembourg".   ·  The trends observed "may indicate that sponsors do not consider obtaining an EEA marketing passport to be integral to their ability to raise capital".   With international investor familiarity, lower-cost and lighter-touch regulation, better speed-to-market, access to investors in EU markets via national private placement regimes, and a neutral tax environment, there are many benefits to establishing a fund in Guernsey.   To find out more about the benefit of Guernsey funds, please visit: https://lnkd.in/eBYRtE8G.   The key insights for venture capital funds in Proskauer's report are summarised here: https://lnkd.in/ekEKqAPA   #Guernsey #VCfunds #PEfunds #OffshoreInvestment #VentureCapital #InvestmentFunds

Do, it again, Do it again, Do it again. Isn't it fascinating how in tackling large projects, I find that it requires doing a number of smaller projects, repetitively. Getting the foundation correct is critical but then do it again, do it again, do it again. Seems like a metaphor for life: Get the foundation right, learn your craft and then do it again, do it again, do it again. https://lnkd.in/gG7rwxkx #Industrial #Engineering #Packaging

Equity Trust Bahamas Limited at the STEP Bahamas Conference under the theme "Facing Realities, Fostering Solutions." Equity Trust continues to demonstrate the highest levels of professionalism and values remaining prudently learned on the latest insights on trust legislation, grantor and beneficiary needs, and relevant estate planning matters. #STEPBahamas #EstatePlanning #FiercelyCommittedToYourSuccess