Montreal, Quebec, June 30th, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Hilbroy Advisory Reports: Poverty and hunger are still widespread problems, but Africa’s growing middle class is creating business and investment opportunities that are among the best in the world. With the right trade policy and development assistance, we can unlock the potential of a thriving private sector and...
Montreal, Quebec, June 29th, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Hilbroy Advisory Reports: Looking into the future of the global economy, the World Bank on Monday said Nigeria and other emerging economies would determine the new structure of the global economy by 2025. Nigeria has a Vision 20:2020 aimed at becoming one of the 20 most developed economies in the world by 2020. The...
Montreal, Quebec, June 27th, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Hilbroy Advisory Reports: The World Bank said on Sunday it would have to take stock of plans to lend to Egypt after the International Monetary Fund confirmed the authorities no longer wanted an IMF-backed loan program. Egyptian Finance Minister Samir Radwan said on Saturday Egypt would not borrow from the World Bank and...
Montreal, Quebec, June 24th, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Hilbroy Advisory Reports: Individuals and corporate are forking out between US$20 and US$40 monthly in bank charges, far above regional averages of below US$25, as banks milk account holders through high charges to boost their income and support the infrastructure they put in place when the economy was faring better...
Montreal, Quebec, June 23rd, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Hilbroy Advisory Reports: The International Energy Agency has called on the Organization of Petroleum Exporting Countries to increase production in view of the damaging implications for the global economy if the organization fails to boost output. In its latest Oil market report, the energy watchdog noted that although...
Montreal, Quebec, June 22nd, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Hilbroy Advisory Reports: The Federal Reserve, already under fire from Congress and finance officials around the world, is now coming under sustained attack by Republican presidential candidates. In the latest salvo, former House Speaker Newt Gingrich is expected to call Wednesday in Atlanta for a “dramatically...
Montreal, Quebec, June 21st, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Hilbroy Advisory Reports: The directive from the Central Bank of Nigeria, urging the rescued banks to recapitalize by September 30 or be handed over to Nigeria Deposit Insurance Corporation for liquidation is unsettling to the stakeholders of affected banks and depositors. Financial experts revealed that the economy...
Montreal, Quebec, June 16th, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Hilbroy Advisory Reports: The Zanzibar government yesterday presented a Sh613.76 billion budget that has avoided tax increases and set aside more funds for development projects than recurrent expenditure. Tabling the budget in the House of Representatives, the minister of State, Mr. Omar Yusuf Mzee, said Sh374.91 billion...
Montreal, Quebec, June 15th, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Hilbroy Advisory Reports: TANZANIA Revenue Authority (TRA) has defended the envisaged 17 per cent of GDP in tax collections, saying the target was attainable because the national economy was set to grow. With growing economy, TRA said revenue collection will grow as well because output is the good determinant of tax...
Montreal, Quebec, June 14th, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Hilbroy Advisory Reports: Tanzania plans to raise all fees for business licenses to help fund its budget, a decision analysts warned could scare away potential investors even as the country eyes foreign direct investments to grow its economy. The Business Licensing Act is to be amended later this month to adjust fees for...