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World MSME Day 2021: Enhanced financing for Nigerian small businesses


In the last few years, the 27th of June, has been a day for reflection by governments, stakeholders, policymakers and all those concerned with small businesses, due to the vital role they play in every economy. Undisputedly, Micro, Small and Medium-sized Enterprises (MSMEs) play important roles in the global economy. According to the International Trade Centre (ITC) the joint agency of the United Nations and World Trade Organization dedicated to supporting the internationalization of small businesses, MSMEs account for more than 90 percent of all businesses and around 70 percent of jobs worldwide.
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This category of businesses also stimulates economic growth and provide employment for large sections of society including women, young entrepreneurs, and poor communities. In recognition of the importance of MSMEs in encouraging innovation, creativity and decent work for all, as well as achieving the goals of the 2030 Agenda for Sustainable Development, the United ....

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Bidder for HS2 contract had Chinese backing


By Joey Gardiner2021-01-13T06:00:00+00:00
Despite official denials, documents seen by Building confirm intermediary was authorised by state construction firm 
The author of a Chinese offer to build HS2 for a multi-billion pound budget saving was authorised by the bidding firm, China Railway Construction Corporation, to make the approach, according to documents seen by Building.
In March last year Building reported details of an offer made by the firm, one of the largest builders of high-speed rail lines in the world, to finance and construct HS2 within five years for close to the original budget of £56bn.
The green light to HS2 was fornally given by the government last year ....

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