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Daily Archives: March 24, 2019

SPOTLIGHT: Healthcare and corruption – questions for a post-election health minister

Health minister Aaron Motsoaledi during a media briefing to announce amendments into the Medical Schemes Bill and the implementation of the National Health Insurance Bill on June 21, 2018 in Johanbesburg, South Africa. Motsoaledi said money for the National Health Insurance (NHI) Bill will not be coming from the Health Ministry’s budget but from the national public purse. (Photo by ...

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Abu Dhabi launches Dh535M Hub71 for tech startups

The Abu Dhabi government has pledged Dh535 million into Hub71, a new initiative to attract startup companies to set up shop in the UAE capital.  Located in Abu Dhabi Global Market Square, Hub71 is part of Ghadan 21 – a Dh50 billion investment stimulus fund launched last September by His Highness Sheikh Mohamed bin Zayed al Nahyan, Crown Prince of ...

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City touts tax plan to boost business on Montreal Road

The City of Ottawa could is putting its money where its mouth is in an attempt to boost business development in Vanier. On Wednesday, Mayor Jim Watson and Rideau-Vanier Coun. Mathieu Fleury proposed a property tax incentive for business owners setting up shop on Montreal Road, the neighbourhood's main thoroughfare.

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Private banks sweating out over deposits

Private banks saw a decline in deposit growth in December last year despite offering higher interest rates, highlighting the ongoing liquidity crisis in the banking system. In December, the average deposit growth of private banks stood at 11.59 percent, in contrast to 12.58 percent in December 2017 and 12.73 percent in June last year, according to data from Bangladesh Bank. ...

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Has business got over its government-induced funk?

Article – BusinessDesk March 25 (BusinessDesk) – ANZ’s business confidence survey for March due on Thursday will provide the latest reading of whether companies are starting to get over the funk that has dogged them since the current government was formed. By Jenny Ruth March 25 (BusinessDesk) – ANZ’s business confidence survey for March due on Thursday will provide the ...

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ANZ rips apart blockchain, catalogues its big list of non-uses

If you’re a distributed ledger or blockchain true believer, take a deep breath. And maybe sit down. This won’t be comfortable. Or boring. One of Australia’s Big Four banks, ANZ, says it’s run ruler over the supposedly transformative technology and, to put it mildly, it’s neither impressed or convinced of the promise of a revolution in trusted transactions is just ...

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