Month: March 2020

CFC & Rwanda Finance Ltd agree to enhance cooperation ties

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Casablanca Finance City (CFC) and Rwanda Finance Limited (RFL) have agreed to promote investment and cooperation between Morocco and Rwanda in financial services.

The agreement, signed on Wednesday via videoconference, seeks to promoting best practices, through which CFC will support the development of the International Financial Center of Kigali (KIFC).

Saïd Ibrahimi, CEO of CFC, said: “We are very pleased to sign this partnership between CFC and RFL. This agreement allows us to expand our network of partnerships and to share our expertise with other African financial centers in a logic of South-South cooperation”.

This partnership comes after the agreement sealed with the Rwanda Development Board (RDB), which aims to facilitate the business of CFC companies operating in Rwanda, added Mr. Ibrahimi.

For his part, Nick Barigye, CEO of Rwanda Finance Limited said: “By capitalizing on the close relations between our two countries, this agreement emphasizes the improvement of the

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What Does Business Casual Attire Mean?

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Business casual sounds like a breeze. After all, with this dress code, you won’t have to worry about what to wear to work, right? Not quite. 

In fact, this dress code guideline is a frequent source of confusion for workers. And it’s not their fault — there really isn’t a clear, standardized definition. Business casual may mean different things in different companies, cities, and industries. And on top of that, understanding the subtle differences between “business” and “business casual” isn’t easy.

One thing is clear: Dressing in shorts and a t-shirt or a sundress and sandals is too casual. But wearing a full suit is overly formal. 

When in doubt, it’s better to err on the side of dressing too formally, rather than too casually. But where’s the line? Get advice on appropriate business casual attire for men and women, along with tips on what to wear — and what

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Treasury to begin distributing virus relief money to tribes

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FLAGSTAFF, Ariz. (AP) — The U.S. Treasury Department said Tuesday that it will begin doling out billions to help tribes respond and recover from the coronavirus more than a week after a congressional deadline and after being sued over who is eligible for the money.

The $2.2 trillion federal rescue package approved in late March set aside $8 billion for tribal governments. The money was supposed to be distributed by April 26, but the Treasury Department said it was grappling with how to do it.

Tribes sued the agency to keep the money from going to Alaska Native corporations, which own most Native lands in the state under a 1971 settlement but are not tribal governments. U.S. District Judge Amit Mehta in Washington, D.C., gave the tribes a victory last week by limiting the funding to the country’s 574 federally recognized tribes while he settles the question of eligibility.

The

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How To Get A Personal Loan

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A personal loan can be a great way to get the cash you need to consolidate debt, finance a home improvement project or make a large purchase. The average interest rate on a two-year personal loan is around 10.6 percent, according to the Federal Reserve, compared to the average credit card interest rate of about 17.7 percent.

Whether you’re interested in borrowing from a bank, credit union or an online lender, the process is mostly the same. But getting a loan the smart way requires a little extra research and care to make sure you get the best offer available.

How to get a personal loan in 8 steps

  1. Run the numbers
  2. Check your credit score
  3. Consider your options
  4. Choose your loan type
  5. Shop around for the best personal loan rates
  6. Pick a lender and apply
  7. Provide necessary documentation
  8. Accept the loan and start making payments

1. Run the numbers

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Personal loans can help in a crunch. But read this before you apply

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While the stimulus checks have started dropping into bank accounts and many creditors are offering relief on payments, those options may not be available to everyone or they may not be enough. That’s why some people are turning to unsecured personal loans, often used for debt consolidation or home improvement projects, to cover emergency expenses.

While some lenders are offering low interest relief loans, others are tightening credit requirements for borrowers.

Here’s what you need to know about taking out a personal loan during this crisis and whether or not one makes sense for you.

An unsecured personal loan is money borrowed from a bank, credit union or online lender that can be used for anything. The money is paid back in installments over time, usually with a fixed interest rate.

While many experts would caution against personal loans, which often come with high interest rates and fees, they could

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