Mon, March 24, 2025

[ Mon, Mar 24th 2025 ]: GOBankingRates

Trump Wants To Eliminate Income Taxes: 5 Ways This Could Impact Your Salary

During President Donald Trump's successful campaign bid last year, he proposed eliminating individual income taxes for all Americans and paying for the lost revenue by increasing

[ Mon, Mar 24th 2025 ]: Fortune

Malaysia is reportedly tracking the flow of Nvidia chips through the Southeast Asian country after pressure from Washington

The country's trade minister has reportedly formed a task force with the digital minister to tighten regulations around Malaysia's data centers.

[ Mon, Mar 24th 2025 ]: BBC

Experts identify 45 financial risks at Somerset Council

An independent report into Somerset Council's precarious financial position has identified 45 key risks - 32 of which have been given the highest risk rating. They include council reserves falling below £30m and delays to the council's restructuring programme.

[ Mon, Mar 24th 2025 ]: CNA

As Hong Kong hosts finance, sports and arts events, some say the city is getting its groove back

Some observers, however, have struck a cautious tone on Hong Kong's present and future, especially with the looming impact of tariff threats and trade wars coming from US President Donald Trump's administration.

[ Mon, Mar 24th 2025 ]: Kiplinger

Social Security Fairness Act: Five Financial Planning Issues to Revisit

More money as a public-sector retiree is great, but there could be unintended consequences with taxes, Medicare and more if you're not careful.

[ Mon, Mar 24th 2025 ]: Mint

How startups are using AI agents to scale quickly

In India's evolving startup landscape, AI is becoming a crucial partner, enabling companies to operate smarter and faster. Programs like AI Pitchfield offer support and mentorship, helping startups utilise AI to tackle significant challenges and drive innovation across various industries.

[ Mon, Mar 24th 2025 ]: TheStreet

How Business Growth Affects Insurance Needs

As businesses grow, their risks evolve. What may have been a sufficient insurance policy in the early stages may no longer provide adequate coverage as operations expand, revenue increases, and new assets come into play.

[ Mon, Mar 24th 2025 ]: Reuters

Sovereign fund Danantara Indonesia names 'dream team' of former presidents, Sachs, Dalio and ex-Thai PM Thaksin

New sovereign fund Danantara Indonesia on Monday unveiled its "dream team" to chart its strategy, which included ex-presidents and advisory roles for hedge fund manager Ray Dalio, economist Jeffrey Sachs and influential former Thai premier Thaksin Shinawatra.

[ Mon, Mar 24th 2025 ]: Moneycontrol

Term Loan: How it works? Check interest rate, features and eligibility

A term loan is a structured financing option with fixed repayment schedules, making it ideal for business expansion, home purchases, or major expenses. With flexible tenures and predictable EMIs, it helps borrowers manage their finances efficiently.

[ Mon, Mar 24th 2025 ]: Forbes

Revised Beneficial Ownership Information (BOI) Rule Exempts U.S. Companies From Reporting

U.S. businesses no longer have to comply with the beneficial ownership information (BOI) reporting filing requirements of the Corporate Transparency Act (CTA).

[ Mon, Mar 24th 2025 ]: cnbctv18

New India Co-op Bank Case: Cops question RBI on audit lapses, more queries likely

The New India Co-op Bank has been under scrutiny since February. The RBI imposed strict restrictions on the Mumbai-based bank due to supervisory concerns.
Sun, March 23, 2025

[ Sun, Mar 23rd 2025 ]: TheStreet

Popular athletic shoe chain files for Chapter 11 bankruptcy

Another huge athletic shoe retailer Foot Locker revealed in December 2024 that it would close 275 of its namesake locations by 2026 in addition to closing 125, or half, of its Cha

[ Sun, Mar 23rd 2025 ]: Reuters

China's vice premier reassures Apple, Pfizer, Cargill, others of business potential

BEIJING (Reuters) -China's Vice Premier He Lifeng sought to reassure foreign corporate chiefs of the country's business potential when he met with the heads of Apple, Pfizer, Mastercard, Cargill and others on Sunday.

[ Sun, Mar 23rd 2025 ]: SlashGear

Will Harbor Freight Deliver? Yes, And Here's How Much It'll Cost You

Believe it or not, Harbor Freight will deliver orders to you, but there are some oddities to dealing with the company. Here are the costs of its shipping.

[ Sun, Mar 23rd 2025 ]: Econostrum

SBA Cuts 2,700 Jobs and Assumes Control of Student Loan Program - What It Means for Borrowers

The Small Business Administration (SBA) has announced a sweeping reduction of its workforce, cutting 2,700 jobs—nearly 43% of its staff. This comes as the agency embarks on the monumental task of managing the federal student loan portfolio,

[ Sun, Mar 23rd 2025 ]: KKTV

Colorado Springs protesters rally against potential privatization of U.S. Postal Service

Protesters plan to gather in Colorado Springs Sunday morning to rally against the potential dismantling of the U.S. Postal Service.

[ Sun, Mar 23rd 2025 ]: Chron

Financial entity Nasdaq to start headquarters in Dallas

The financial services corporation Nasdaq said last week that it would establish a home in Dallas, amid a deluge of business moves into the Lone Star State.

[ Sun, Mar 23rd 2025 ]: Hoodline

Washington House Democrats Unveil Bold Tax Reform Proposals to Bridge $15B Budget Gap and Bolster School Funding

House Democrats in Washington propose revenue bills for economic equity, targeting wealthy individuals and large corporations to address a $15 billion shortfall.

[ Sun, Mar 23rd 2025 ]: Benzinga

Charlie Munger's Investment Wisdom: 'If People Weren't So Often Wrong, We Wouldn't Be So Rich'

Charlie Munger, a long-standing associate of Warren Buffett, once shed light on his investment strategy, highlighting the significance of learning from errors and managing anticipations. What Happened: At a Berkshire Hathaway yearly shareholder gathering in 2015,

[ Sun, Mar 23rd 2025 ]: SmartAsset

Ask an Advisor: I'm 54 With $1 Million and a $7k Pension. Am I Ready to Retire?

I'm 54 with 26 years of service as a nurse. We go by the rule of 80 (your age plus years of service = 80) on our retirement plan. It will cover my health insurance. My pension will be around $7,000 per month minus taxes.

[ Sun, Mar 23rd 2025 ]: Moneywise

'That's a significant impact to our business': Kentucky distilleries feel the squeeze after Canada pulls U.S. liquor from shelves. Here's how tariffs can affect ...

The loss comes as many Canadian liquor stores are removing U.S. products from their shelves. "If we're not selling to our largest export market, that's a significant impact to our business, and it's very sad for us,

[ Sun, Mar 23rd 2025 ]: TechCrunch

The 20 hottest open source startups of 2024

A new report showcases the 20 top-trending open source startups around the world, more than half of which are closely aligned with AI.

[ Sun, Mar 23rd 2025 ]: MyChesCo

SBA Shake-Up: What Trump's Bold Reorganization Means for Your Business and Tax Dollars

A seismic shift is underway at the U.S. Small Business Administration (SBA), as the agency announced plans to reduce its workforce by 43% while realigning its focus

[ Sun, Mar 23rd 2025 ]: GOBankingRates

4 Pieces of Financial Advice From Warren Buffett That Have Stood the Test of Time

Famous businessman and investor Warren Buffett is one of the best people to turn to when you need financial advice. "The Oracle of Omaha" grew Berkshire Hathaway to over $1 trillion and is

[ Sun, Mar 23rd 2025 ]: AOL

Texans could be 'hardest hit': The state could lose 370,000 jobs and $47 billion a year in GDP because of Trump's tariffs

While the short-term impact isn't good, the long-term consequences may be even worse. The Perryman Group estimates that Texas is going to lose around 370,000 jobs annually as a result of the tariffs, and around $46 or $47 billion in gross domestic product (GDP).

[ Sun, Mar 23rd 2025 ]: MiBolsilloColombia

How taxes affect your salary and what you can do to pay less

Understanding the intricacies of federal, state, and local taxes can significantly impact your take-home pay. By exploring common deductions, credits, and strategic financial planning, you can effectively reduce your tax burden.

[ Sun, Mar 23rd 2025 ]: Mint

Navigating GST registration hurdles: What freelancers and small businesses should know

Freelancers and small business owners may find GST registration more complex than anticipated. Requests for additional documents could complicate matters. Here's how you can navigate the GST maze and avoid costly delays.

[ Sun, Mar 23rd 2025 ]: Insider

I'm 58 and lost my 6-figure job. Over a year of applications later, I still haven't found anything.

Pete Petersen, 58, has been looking for work since last February after he was laid off from his corporate job, suspecting ageism.

[ Sun, Mar 23rd 2025 ]: News18

Mcap Of Nine Of Top-10 Most-Valued Firms Surges Rs 3 Lakh Crore; ICICI Bank, Airtel Biggest Gainers

Reliance Industries remained the most valued domestic firm, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever, and ITC.

[ Sun, Mar 23rd 2025 ]: BusinessLIVE

US friction casts pall over local call centres

Meeting ambitious growth targets requires calm diplomatic waters, warns Business process outsourcing industry association

[ Sun, Mar 23rd 2025 ]: Moneycontrol

Mcap of nine of top-10 most-valued firms surges Rs 3 lakh cr; ICICI Bank, Airtel biggest gainers

The combined market valuation of nine of the top-10 most-valued firms surged Rs 3,06,243.74 crore last week, with ICICI Bank and Bharti Airtel emerging as the biggest gainers, in tandem with a bullish trend in equities.

[ Sun, Mar 23rd 2025 ]: BusinessTech

35 South African businesses moved to new safe haven

Albertyn highlighted that over 35 South African-run businesses, including Nedbank, Standard Bank, and Derivco, operate in the Isle of Man or across both jurisdictions.
Sat, March 22, 2025

[ Sat, Mar 22nd 2025 ]: nation

State to spend Sh3bn for 2025/26 budget hearings in 13 select counties

The National Treasury has apportioned Sh3 billion to finance public participation on the country's Sh4.3 trillion budget for the 2025/26 financial year across a select 13 counties. This means that Parliament will spend about Sh230.

[ Sat, Mar 22nd 2025 ]: TheStreet

Weekly Roundup March 16-22, 2025

Discover the states where property taxes are the highest, as revealed by the Tax Foundation. See how your state compares. Medicare funding, DOGE and more. In case you missed it, here's what Retirement Daily published on Medicare and Social Security this week.

[ Sat, Mar 22nd 2025 ]: TechRadar

Softbank set to buy Ampere Computing for $6.5 billion and could integrate it with Arm and Graphcore

SoftBank confirms $6.5 billion deal to acquire Arm-based chipmaker Ampere The deal could align Ampere with Arm and previously acquired Graphcore The acquisition could put Arm in direct competition with its chip partners We previously reported that Arm is considering making its own silicon,

[ Sat, Mar 22nd 2025 ]: Reuters

Coty sells its stake in Kim Kardashian's beauty brand to SKIMS

Coty, which acquired a stake in Kardashian's beauty business, SKKN, in 2021, said it would use the proceeds from the sale to reduce debt and invest in innovations across its broader brand portfolio. Last month,

[ Sat, Mar 22nd 2025 ]: CNET

What's the Future of FAFSA and Financial Aid if the Department of Education Closes?

President Trump wants to shift federal student aid to the Small Business Administration, but experts say it's not that simple.

[ Sat, Mar 22nd 2025 ]: MarketWatch

'He claims to be a nihilist': I told my friend to sell his Tesla shares. He did not appreciate my advice. Was I wrong?

Elon Musk told shareholders on Thursday to hold onto their stock, even as sales of the electric vehicles are falling.

[ Sat, Mar 22nd 2025 ]: cnbctv18

Top 10@10 | Best week for D-St in 4 years, Welspun One bidding war, Ola Electric under fire & more

TV18's daily newsletter featuring the top 10 stories on markets, corporate updates, economic insights, and financial highlights — delivered at 10 pm.

[ Sat, Mar 22nd 2025 ]: Newsweek

Exclusive: Tesla Investor Calls for Board To Oust Elon Musk as CEO

A major Tesla investor told Newsweek the board is being "negligent" by not removing Musk as the company's CEO.

[ Sat, Mar 22nd 2025 ]: CNBC

Rich people live by these 5 rules, self-made millionaire says: 'It's not just about cost'

Ramit Sethi has been teaching people how to get rich for nearly two decades. Follow these rules to build your wealth.

[ Sat, Mar 22nd 2025 ]: AOL

The real estate world is fighting over secret listings and the future of how homes are sold

Major real estate players are butting heads over the future of a rule designed to reduce private home listings.

[ Sat, Mar 22nd 2025 ]: Gigwise

Financial Habits of Rich People

Building wealth isn't about overnight success—it's the result of disciplined financial habits that create stability, growth, and security over time. Many self-made millionaires follow similar principles for earning,

[ Sat, Mar 22nd 2025 ]: Fortune

Fired by Elon Musk's DOGE, then reinstated by a judge, thousands of federal workers are living in limbo

He had been worried for weeks that his job would be cut as part of the next round of President Donald Trump and Elon Musk's cuts to the federal workforce. The worker, who prefers to remain anonymous for fear of retribution, was constantly searching for updates on a Reddit forum for federal workers, and glued to a group chat with his coworkers.

[ Sat, Mar 22nd 2025 ]: Kiplinger

Annuity Fees: Are You Paying Too Much?

Annuity fees include commissions, administrative costs, expense ratios and more. How much is too much and how do you know if you're overpaying?

[ Sat, Mar 22nd 2025 ]: Metro

Ethical investments: How your ISA can save our planet (and it won't even you cost you anything)

If Isas allow investors to lend out money tax-free, and Manuel has chosen to lend to Salad Money, a lender that helps those with poorer credit scores to take out cheaper loans and ensures they also check for benefits they may be eligible for.

[ Sat, Mar 22nd 2025 ]: Moneycontrol

FOIR Calculation: Impact of FOIR on personal loan eligibility and tips to improve it

FOIR helps lenders assess your repayment capacity by measuring how much of your income goes toward fixed obligations. A lower FOIR increases your loan approval chances, while a higher FOIR may lead to rejection or higher interest rates.

[ Sat, Mar 22nd 2025 ]: PCMag

1min.AI Is Your Creative Sidekick and It's On Sale Now

This powerful AI tool can help you write, edit, and design in seconds for the cost for a lifetime coast of $80 (that's less than one month's subscription fee elsewhere).

The South African businessman in charge of the UK government's R23 billion investment pot

Leslie Maasdorp is the current CEO of British International Investment (BII), a development financial institution of the UK Government, after serving across South Africa's private and public sectors.

The article from BusinessTech discusses how South African businessman Denys Hobson has been appointed to manage the UK government's £1 billion (approximately R23 billion) investment fund aimed at boosting the UK's life sciences sector. Hobson, who has a background in finance and investment, previously worked at the UK's Department for Business, Energy and Industrial Strategy (BEIS) and has now taken on the role of Chief Investment Officer at the British Business Bank (BBB). His primary responsibility is to oversee the Life Sciences Investment Programme, which seeks to enhance the UK's position in global life sciences by investing in innovative companies and projects. This initiative is part of a broader strategy to drive economic growth, create jobs, and support the development of new treatments and technologies in the wake of global health challenges like the Covid-19 pandemic.

Read the Full BusinessTech Article at:
https://businesstech.co.za/news/business/817292/the-south-african-businessman-in-charge-of-the-uk-governments-r23-billion-investment-pot/