India will closely monitor its shadow lending sector, the finance minister said on Saturday, a day after announcing the RBI would get much more regulatory authority over non-banking financial companies (NBFCs).
Archives for 2019
The 3 biggest mistakes bookkeepers make in their bookkeeping business
[embedded content] What are the 3 biggest mistakes that bookkeepers make in their bookkeeping business? Mistake #1 Number one is in pricing. I think most people under price their services, and I think that mistake comes from fear. I certainly can understand that, because I have definitely pulled my hair out trying to figure out […]
Delayed Airtel Africa’s $4.4 billion Nigeria listing to go ahead on Monday
Airtel Africa aims to list on the Nigerian bourse on Monday, one of the financial advisors arranging the issue said, after the exchange postponed the listing which had been scheduled for Friday.
William Hill to shut 700 British betting shops after curbs
William Hill plans to cut about a third of its betting shops and jobs in Britain after the government slashed the maximum stake permitted on fixed-odds terminals, dubbed the “crack cocaine” of gambling by their critics.
Deutsche Telekom, Huawei customer, continues vendor review
Deutsche Telekom said it was continuing a review of its vendor strategy as it announced the limited launch of 5G services in its home market, where it has partnered with China’s Huawei Technologies in trial projects.
Bitcoin’s losses grow; recoils 30% from 2019 highs
Bitcoin skidded as much as 9% on Tuesday, falling below the $10,000 mark and pushing losses to over 30% since the original cryptocurrency hit an 18-month-high last week.
Nepal’s CG Group ties up with Huawei to launch 4G services
Nepal’s Chaudhary Group (CG) has signed a deal worth about $100 million with China’s Huawei Technologies to bring 4G phone services to the country, CG’s chief executive said, shrugging off U.S. security concerns about Huawei’s products.
Ryan’s Bookkeeping Journey Begins
The newest recruit to our bookkeeping team joined us at the beginning of May. Ryan is a trainee currently about to complete his Level 3 exams. I know Ryan is really enjoying the variety of work we do and being able to learn from our experienced bookkeepers but I thought it would be interesting if […]
World’s central banks tackle technology with innovation hub
Central banks grappling with fast-changing financial technology and companies like Facebook moving into finance will aim to work together more closely through an innovation hub approved on Sunday by the Bank for International Settlements.
Saudi-Russian deal not due to tainted oil crisis: Novak
A decision by Russia and Saudi Arabia to extend a global pact on curbing production was not driven by a crisis over contaminated crude in a Russian-owned pipeline network, Russian Energy Minister Alexander Novak said on Saturday.