SME News
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2020-10-01
Egypt ETA signs MoU with MSMEDA to facilitate SME establishing procedures
The Egyptian Tax Authority (ETA) signed a Memorandum of Understanding with the Micro, Small, and Medium Enterprises Development Agency (MSMEDA) to facilitate procedures for issuing tax reference number for new projects. The agreement aims to suppo...
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2020-10-01
Irish SMEs have lost over €10bn due to Covid-19, according to Central Bank estimates
Irish SMEs have lost more than €10bn in revenue as a result of the economic disruption caused by Covid-19, according to new estimates by the Central Bank of Ireland (CBI). In a financial stability note published today, the CBI estimated reven...
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2020-09-30
Brendan O’Connor: The Morrison government is dragging its heels on a plan to promote growth, create jobs and support small businesses
Last week, former deputy prime minister of Australia, and current member of the Morrison government, Barnaby Joyce, made a number of contemptuous comments to small businesses, lecturing them to stop relying on welfare to survive and “stand on t...
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2020-09-30
Kenya's women entrepreneurs lack access to capital, study finds
Raising start-up capital is one of the biggest challenges for women entrepreneurs in Kenya's key manufacturing sector, with banks requiring collateral that most of them do not have, a new study has found. Most women work or run businesses in t...
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2020-09-30
SME Bank comes up short on loans
The Ministry of Economy and Finance wants to ease loan requirements for small and medium-sized enterprises (SMEs) from the State-owned Small and Medium Enterprise Bank of Cambodia (SME Bank) and offer more financial resources to boost production. ...