The twenty South African businesspeople who participated in the five-day Trade and Investment Mission to Angola led by the Deputy Minister of Trade and Industry, Mr Bulelani Magwanishe have concluded the visit and are pleased with the outcomes. The businesspeople, whose participation was funded by the Department of Trade and Industry (the dti), expressed satisfaction with the exposure, reception and outcomes of the mission that they participated which took place from 16-20 July 2018. They added that the mission has provided them with an opportunity to scope the market, discover trade and investment opportunities and engage with their Angolan counterparts. The Tender Manager of UWP Consulting, Mr Humbulani Mulaudzi says the company was privileged to be part of the mission that allowed them to explore the trade and investment opportunities as well as get an understanding of procurement processes particularly on infrastructure development projects where their interests lie. … [Read more...] about South Africa companies Conclude Trade and Investment Mission to Angola
Investing
Investment fees are down, but some people are paying more for no reason
Russ Wiles Arizona Republic Published 12:00 p.m. UTC Jul 22, 2018 Of the factors that go into sound investment decisions, fees are one of the easiest to control. If you select mutual funds and other investments that don't charge high costs, your overall performance will improve, all else being equal. Compared to market gyrations, fees are highly predictable, and they typically don't change much from year to year. Yet new research suggests that people often fail to select low-cost options, even when those choices are fairly obvious. It could be another example of people behaving in ways that aren't fully rational. "When left to their own devices, a substantial number of people do not make optimal choices with respect to cost," wrote Stephen Wendell, head of behavior science at Morningstar, in a recent article. "Individual investors partially ignore the fees they are paying, with potentially serious consequences." That's not to say fee … [Read more...] about Investment fees are down, but some people are paying more for no reason
Russian billionaire with US investments backed alleged agent Maria Butina, according to a person familiar with her Senate testimony
Rosalind S. Helderman, The Washington Post Published 7:02 am PDT, Sunday, July 22, 2018 window._taboola = window._taboola || []; _taboola.push({ mode: 'thumbnails-c', container: 'taboola-interstitial-gallery-thumbnails-5', placement: 'Interstitial Gallery Thumbnails 5', target_type: 'mix' }); _taboola.push({flush: true}); window._taboola = window._taboola || []; _taboola.push({ mode: 'thumbnails-c', container: 'taboola-interstitial-gallery-thumbnails-7', placement: 'Interstitial Gallery Thumbnails 7', target_type: 'mix' }); _taboola.push({flush: true}); Photo: AP Image 1of/7 CaptionClose Image 1 of 7 In this photo taken on Sunday, April 21, 2013, Maria Butina, leader of a pro-gun organization in Russia, speaks to a crowd during a rally in support of legalizing the possession of handguns in Moscow, Russia. Butina, a 29-year-old gun-rights activist, served as a covert Russian agent … [Read more...] about Russian billionaire with US investments backed alleged agent Maria Butina, according to a person familiar with her Senate testimony
Saudi Arabia to Spend Billions to Revive Foreign Investment
RIYADH—Saudi Arabia is ramping up efforts to lure international companies and revive Crown Prince Mohammed bin Salman’s plans for an economic makeover, after foreign investment fell to a 14-year-low in 2017. The moves include plans to create two investment funds totaling over $18 billion for the government to enter into ventures with foreign companies, said people familiar with the matter. The kingdom is also pouring billions into entertainment-industry partnerships and working with SoftBank Group’s Vision Fund to bring technology... … [Read more...] about Saudi Arabia to Spend Billions to Revive Foreign Investment
Cuba moves toward changes to officially recognize private property, foreign investment
Anthony Faiola and Rachelle Krygier, The Washington Post Published 8:16 pm CDT, Saturday, July 21, 2018 MIAMI - In communist Cuba, the right to own private property would be enshrined and foreign investment encouraged - and "guaranteed." Where Fidel Castro reigned as a towering 20th-century figure, power would no longer be concentrated in the hands of one ruler. Cuba's legislators are expected to take a major leap this weekend toward adopting those and other changes in the island nation's most significant bid for constitutional reform in decades. The move follows the April retirement of Raúl Castro - brother of revolutionary Fidel Castro, who died in 2016 - as the country's head of state and suggests a cautious advance in the remaking of Cuba in an era when other communist countries, including China and Vietnam, have embraced the free market. MySA News Videos Now Playing: Now Playing SAPD lieutenant fired after derogatory Facebook post San Antonio … [Read more...] about Cuba moves toward changes to officially recognize private property, foreign investment