FINANCE

The end draws near for Wind Mobile

Don’t hold your breath for the future of Wind Mobile. Despite posting consistent subscription growth to solidify its hold as the 4th in Canada’s wireless market, the carrier’s owners have all but given up hope for its future. VimpelCom Ltd., the Amsterdam-based telecom conglomerate that in January raised eyebrows by its last-minute refusal to fund any Wind Mobile bids in ...

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MASLOC beneficiaries to produce to feed schools

The Chief Executive Officer (CEO) of the Microfinance and Small Loans Centre (MASLOC), Mrs Sedina Tamakloe Attionu, has said her outfit has evolved a new strategy to encourage beneficiaries of its loans to venture into farming to serve as a major food stock for schools and institutions across the country. Mrs Attionu disclosed this when she paid a courtesy call ...

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Money Matters: Do Your Research

I always wonder how people hand them over their monies to an investment broker, or firm to invest for them without asking many questions about what type of investments or doing research on these firms. These advisors and certified financial planners decide mainly for us what to invest our hard earned money in. At the end; some of us are ...

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The first step in financial planning

Life is full of uncertainties, this we all know. The most disturbing aspect is when financial difficulties that you have not budged for arise. What are you to do? The whole issue about financial planning, saving for emergencies is to help equip you so that when those things happen, you have you boots, rain coat and an umbrella for a ...

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AfDB to Deepen Reforms That Are Key to ‘Power Africa’ Success

The African Development Bank (AfDB) will, as part of its support for U.S. President Barack Obama's Power Africa initiative, deepen and expand its work in reforming the energy sector. Already a major investor in the energy sector, the AfDB will scale funding for energy production, transmission and distribution infrastructure, cross-border power pools, as well as government policy and regulatory reforms. ...

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Banks may face fines over failures to spot trade finance abuses

(Reuters) - Some banks may face fines or other punishments for failure to spot abuses in their trade finance business such as money laundering, sanctions busting or funding of terrorists, the Financial Conduct Authority said on Monday. A review of banks' trade finance by the FCA found about half of the 17 banks examined - which included four big British banks - had no clear ...

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Women and the Retirement Gap – Are You Getting Lost in the Cracks?

Even in the changing face of retirement (we're not just all sitting around, traveling, and playing golf anymore, but rather engaging in new careers), women are faced with a monetary gap. While the wage gap obviously has an impact on retirement, there are more factors at play that seem part of the "gotcha" for women of retirement age. So, what ...

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How the Obamas Manage Their Money

You can tell a lot about somebody by the way they manage their money. So the latest financial-disclosure details from Barack and Michelle Obama provide fresh insights into the character of the world’s leading power couple. The Obamas’ net worth is somewhere between $1.9 million and $6.9 million, according to disclosure rules that allow elected officials to report the value of their ...

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Satomi Kawakita Jewelry: Turning Passion Into Profits

Earning a living by doing what you love is an enviable achievement, and Satomi Kawakita is finding success in the jewelry world by doing just that. Working out of her studio in New York, she creates her own brand of delicately crafted jewelry, with a specialty in rings. From glass blower to diamond setter Growing up in Japan with her dressmaker mother, ...

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Women And Money: LearnVest Survey Reveals Attitudes On Personal Finances

There's a familiar but grating stereotype that women are frivolous when it comes to money (here's looking at you "Confessions of a Shopaholic," Lily Aldrin of "How I Met Your Mother" and many, many others). But new evidence suggests that women care a lot about managing their finances effectively -- they just aren't sure of the best way to go ...

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For some black women, economy and willingness to aid family strains finances

By Ylan Q. Mui and Chris L. Jenkins The Great Recession carried special pain for black women like Jane Ladson. She had always been the one her family turned to when they needed help, and she didn’t hesitate to give it. She helped pay for weddings and rent. She made room for her nephew when her brother died of AIDS. ...

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ROAD TO FINANCIAL FREEDOM: A ROAD LESS TRAVELLED

This is message of hope to my Black women. A road to financial freedom less travelled by many of us. Many Black women feel the financial strains in this tough economy.  It’s even worse when you are an immigrant; single mother, divorced or a widow. In 2009, I made up my mind that enough is enough; poverty and financial constraints ...

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