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US warns businesses of risks in Uganda, citing anti-LGBTQ law

US warns businesses of risks in Uganda, citing anti-LGBTQ law

THE United States issued a business advisory for Uganda, saying that businesses faced potential risks in the African country, citing an anti-LGBTQ law condemned by many countries and the United Nations. The advisory was issued by the U.S. Departments of State, Labor, Health and Human Services, and Commerce, and the U.S. Agency for International Development. THE TAKE Uganda's anti-LGBTQ law, considered one of the harshest in the world, was enacted in May and carries the death penalty for "aggravated homosexuality," an offence that includes transmitting HIV through gay sex. It drew condemnation from Western governments, including Washington, and put in jeopardy…
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The cost of looting in SA: R7 to R10-billion, counting…

The cost of looting in SA: R7 to R10-billion, counting…

CLAIMS for damage and theft from businesses affected by civil unrest in South Africa are likely to be between R7- billion rand and R10-billion rand, the head of the only insurer covering political violence in the country told Reuters. Days of riots and looting have left more than 70 people dead, hurt thousands of businesses and damaged major infrastructure in some of the worst civil unrest in decades. Triggered by the jailing of ex-president Jacob Zuma last week after he failed to appear at a corruption inquiry, it has widened into an outpouring of anger over poverty and inequality. Sasria,…
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How to live sensibly financially in 2021

How to live sensibly financially in 2021

TO borrow from Britain's Queen Elizabeth II, 2020 is not a year many of us will look back upon with undiluted pleasure. A year which started promisingly, indeed, turned into an annus horribilis. The COVID-19 pandemic and its impact on the lives of individuals, businesses, economies and countries is well documented. The global roll-out of the vaccine provided a silver lining to the end of 2020 and offers a promise of hope and improved health in 2021, despite the winds of a second wave blowing across many nations.  But what about the financial impact on individuals who faced tremendous personal…
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