Daily Archives: November 12, 2019

Build the Economy through Entrepreneurship: Sipho Mseleku’s Call to African Governments and Business Leaders

CEO of South Africa based Sakhumnotho Group Holdings (http://Sakhumnotho.com), Sipho Mseleku, has challenged African governments to put entrepreneurial training at the heart of education and is calling for greater collaboration amongst African business leaders to tackle Africa’s primary economic challenges.…

CYPRUS: Tourism revenue up 0.8% in August after slump

Revenue from Cyprus tourism edged up 0.8% in August reaching Euros 431.6 mln on the same month last year, in the first increase since April.

For the 8 months to August 2019 income from tourism declined 1.7% to Euros 1.85 …

CYPRUS: Banks accused of bombarding customers with punitive charges

Cyprus MPs are joining forces to challenge banks over increased charges they deem to be merely punishing consumers who do not have the skills or the means to carry out their transactions online.

MPs will send a letter to the …

Arrivals of travelers increase by 1.6%. in September

The arrivals of travelers in September 2019 reached 679,628, compared to 668,604 in September 2018, recording an increase of 1.6%. According to the Statistical Service of the Republic of Cyprus, the increase is mainly attributed to the arrivals of tourists

CYPRUS: Nicosia satisfied with EU sanctions against Turkey

Cyprus President Nicos Anastasiades said he is satisfied with a decision by the EU Foreign Affairs Council to adopt targeted sanctions as a response to Turkey’s incursion in the island’s exclusive economic zone.

In a tweet, President Anastasiades said he …

Chinese businesspeople briefed on Cyprus’ comparative advantages during Business Forum in China

The comparative advantages of Cyprus as an investment and tourist destination as well as a financial, business and maritime hub, that is a member of the EU and is situated in a very important geostrategic position at the crossroad of