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Revised RPT Code in Cebu City: Concerns Raised as Higher Fair Market Values 'Might Drive' Investors Away

Concerns raised over potential investors being driven away by higher real property tax (RPT) in Cebu City. Business entities seek discounted fair market value, staggered implementation, and sustainable solutions. Impact on BPO industry highlighted. City Assessor explains basis for higher values. Calls to maintain discounted market value to support businesses. Proposal not yet final, subject to City Council deliberation. Ayala Land emphasizes need for sustainable increases. Clarifications on RPT revision provided. Updates to fair market value expected due to development. Forum attended by key entities. ....

Iloilo City , Maria Theresa Ceballos Rosell , Noel Wenceslao , Ayala Land Inc , Charles Kenneth Co , Usm Holdings , City Sports Club Cebu , Bureau Of Local Government , City Council , Cebu Holdings Inc , Assessor Maria Theresa Ceballos Rosell , Philippine Standard Valuation , Local Government , Philippine Financial Reporting Standard , City Government , Councilor Noel Wenceslao , Local Government Code , Ayala Land , Cebu Landmasters , Real Property Tax Rpt , Samuel Chioson , Business Entities , Discounted Fair Market Value , Real Property Tax ,

FRAUD! City lawyer Mugenyi cornered, set to lose billion

FRAUD! City lawyer Mugenyi cornered, set to lose billion By our reporter The city lawyer in the 41-years property grabbing scheme, Yesero Mugenyi is bound to lose billions of shillings after the High Court in Kampala (Land Division) dismissing an application MA No.415 of 2022 (arising from MA No.1403 of 2022 & CS No. 87 ....

United Kingdom , Timothy Kasantamu , Justice Tadeo Asiimwe , Paulo Muwanga , Mariam Nassar , Abdu Nassar , Yesero Mugenyi , Reuben Kanyoro Rwitabaro , Justicejn Mulenga , Regina Kabatabazi , Justices Of The Supreme Court , Ethiopian Embassy , High Court , Mugenyi Co , Ottoman Branch , Usm Holdings , Hoimas Ss Parent Association , Sm Holdings Ltd , Mulira Co , Kampala Land Division , Rubin Co , Deputy Registrar Civil Division Jamson Karemani , Stanbic Bank Hoima , Grindleys Bank , Supreme Court , Appellate Court ,

Head of Russia's largest business group steps down

USM Holdings, one of Russia’s largest business groups, announced today that it has appointed Oksana Gorshkova as its new CEO. She will replace current CEO Yerkozha Akylbek (pictured), who voluntarily resigned from the group and its subsidiaries. Prior to his role as CEO and through April 2022, Akylbek served as USM’s First Deputy General Director and Executive Director. […] ....

Zabaykal Skiy Kray , Oksana Gorshkova , Yerkozha Akylbek , Alisher Usmanov , Usm Holdings , Deputy General Director , General Director , Financial Planning , Internal Audit , Strategic Projects , Udokan Copper ,

UNMASKED! Senior lawyer's property grabbing scheme exposed

By our reporter The 41-years property grabbing scheme in which a city lawyer Yesero Mugenyi allegedly denied family members access is in its final stage of completion in the favour of the original proprietor, Abdu Nassar. Nassar, a former Permanent Secretary of the Ministry of Presidency during Idd Amin's regime and his family were ....

United Kingdom , Reuben Kanyoro Rwitabaro , Ibrahim Kironde Kabanda , Idd Amin , Justice Anne Bitature Mugenyi , Yeseru Mugenyi , Mariam Nassar , Paul Muwanga , Paulo Muwanga , Timothy Kasantamu , Abdu Nasser , Abdu Nassar , Yesero Mugenyi , Regina Kabatabazi , Division Of The High Court , Grindleys Bank , High Court , Usm Holdings , Medisellu Ltd , Sm Holdings Ltd , Ethiopian Embassy , High Court Civil , Deputy Registrar Civil Division Jamson Karemani , Mulira Co , Research Bureau , Ottoman Branch ,