May 7, 2021


Kenya and Tanzania ease cross-border business rules as relations thaw

Kenya will waive work and business permits for investors from its neighbour Tanzania, President Uhuru Kenyatta said on Wednesday, as his counterpart made similar overtures in a thawing of often frosty relations between the two countries.

Kenya, east Africa’s biggest economy and one of its most liberal, and Tanzania, which still imposes fairly tight capital controls and ranked No. 2, have long tussled for influence.

“We would like to see many investors from Tanzania coming to do business in Kenya. And I want to say this, Tanzanian investors are free to come and do business in Kenya without being required

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Pompeo violated ethics rules by asking staff to carry out personal tasks, watchdog finds

The Department’s Office of Inspector General “found that both Secretary and Mrs. Pompeo requested that the political appointee and other employees in the Office of the Secretary undertake work of a personal nature, such as picking up personal items, planning events unrelated to the Department’s mission, and conducting such personal business as pet care and mailing personal Christmas cards,” according to the report. “OIG found that such requests were inconsistent with Department ethics rules and the Standards of Ethical Conduct for Employees of the Executive Branch.”

The report, which was published Friday, also noted that the Pompeos directed one
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EU chief adviser says credibility of green finance rules at risk

BRUSSELS/LONDON (Reuters) – The head of the group advising the European Union on its green finance rules has urged Brussels to resist political pressure to weaken them, saying the credibility of the regulation is at stake.

FILE PHOTO: European Union flags flutter outside the European Commission headquarters in Brussels, Belgium, December 24, 2020. REUTERS/Yves Herman/File Photo

The EU is racing to meet an April 21 deadline to publish the first section of its sustainable finance taxonomy, a list of economic activities that will decide which ones can be labelled as green investments in the EU

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When can I deduct business meal and entertainment expenses under current tax rules?

The federal income tax treatment of business-related meal and entertainment expenses has been a moving target. If you’re confused about what rules currently apply, I don’t blame you. This column aims to eliminate confusion. That’s an optimistic goal, but here goes.

A 2020 COVID-19 relief bill made taxpayer-friendly changes

A taxpayer-friendly change in the CAA — the COVID-19 relief bill that became law late last year — allows you to write off 100% of the cost of business-related food and beverages provided by restaurants in 2021 and 2022. The “provided by” language apparently means the temporary 100% deduction rule applies

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5 Project Management Rules To Do Business By

Have you had at least one project failure in the past year? So have 70% of other businesses

So, what gives? Getting a group of people together to work towards a common goal doesn’t automatically guarantee a smooth process. In fact, it takes a bit of time and energy to iron out the kinks in your project management process.

If you have project failure after failure, it’s time to up the ante. Read on to learn how to improve your and your team’s project management skills. 

5 Project Management

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N.J. car dealer’s COVID losses not covered by insurance due to ‘virus exclusion,’ judge rules

An Ocean County car dealer who sued an insurance company that refused to cover the business’s monetary losses during the coronavirus pandemic has lost its case in federal court.

Downs Ford of Toms River sued Zurich American Insurance Company, alleging the carrier was obligated to cover business losses that the dealer incurred after New Jersey shut down non-essential businesses last year.

But Zurich claimed Downs Ford’s insurance policy contained a “virus exclusion.” On Thursday, a federal judge sided with Zurich.

“The language of the virus exclusion is clear,” U.S. District Judge Brian R. Maritnotti wrote in his decision granting Zurich’s

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