Ireland: Top US Venture Capitalist – Tim Draper

This video interview of Tim Draper by the Irish web site Business and Leadership, examines how the methodology for successful technology start ups can be emulated in other markets and jurisdictions.  Tim Draper provides wonderful, real world insight…

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UAE: Full Foreign Ownership of Corporations Now Closer

According to the statements of UAE Ministry of Economy senior officials, industrial companies may be the first to be permitted to be owned, 100% by foreign entities.  The law now requires foreigners to have an Emirati as a…

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Slovakia: Following Russia’s Lead

The Slovakian Parliament has pasted a new law that stipulates that any firm employing more than 500 employees which is important for the security of the state, protection of public health or operates in so-called network industries can…

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Zimbabwe: Wholesale Nationalization

Remarkably, Zimbabwe’s government has proposed that “indigenous Zimbabweans” take 51 percent ownership of all foreign companies, including mines and banks, according to a draft law seen by Reuters Friday.  Pursuant to the Indigenisation and Economic Empowerment law (2007),…

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Qatar: Set to Rival New York, London and Hong Kong?

The emirate of Qatar has established the Qatar Financial Center (“QFC”), with the objective of creating a finanicial platform, to rival the Dubai International Financial Center, and to ultimately attain the same standing as New York, London and…

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Canada: Rewrite to Investment Canada Act Possible

Court action by US Steel, arising from its acquisition of Stelco (a Canadian company), may prompt a review and rewrite of the Investment Canada Act, which regulates the investment in Canadian companies by foreign investors.  The current provisions…

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South Africa – BEE Compliance

As has been commented, on a number of previous blog posts, the Black Economic Empowerment regime in South Africa, although well intentioned and noble in it’s objectives, has remained the subject of concern, regarding uniform and universal application. …

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South Africa: Micro Business and Venture Capital Investment

Two relatively recent amendments to the Income Tax Act (South Africa) reflect a policy of encouraging the development of small enterprises. The first of these is aimed at reducing the compliance burden of micro enterprises and the second…

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Georgia: Wooing Foreign Investors

Georgian President Mikheil Saakashvili pushes a plan to liberalise the economy to attract more investment and decouple from the Russian economy. Follow the link to watch a brief video clip on the move by Georgia to boost its…

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Zimbabwe: The Ill Effects of Ill Advised Government Action

This Blog reviews, and generally extols the virtue of, trade and economic liberalization.  The positive effects of trade and economic reform are well documented here and elsewhere.  Having said that, there has seldom in recent years, been such…

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