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Businesses urged to do business with military

It was all business Tuesday morning as 25 local business people filled a classroom at Richmond Community College to learn how to sell products or to become subcontractors to the U.S. military. Hosted by U.S. Congressman Robin Hayes, the seminar was offered through RCC's Small Business Center and featured N.C. Military Business Center Executive Director Scott Dorney and NCMBC Business Development Specialist Linn OwenHayes is hosting several business series with the NCMBC to inform constituents about the economic transformation taking place with the Base Re-alignment and Closure (BRAC) process and the tremendous amounts of money to be spent in the process."The watchword is 'opportunity,' Dorney said. "We're going to give you an overview of how the government buys and how to get registered to become a vendor." . more

Budget begins new era of economic management – Rudd

PRIME Minister Kevin Rudd says his government's first Budget is the beginning of an era of responsible economic management.

The 2008-09 Budget handed down by Treasurer Wayne Swan forecasts a higher than expected surplus of $21.7 billion for 2008-09.

The government's "razor gang" also slashed $33 billion from public spending during the next four years, while the budget is handing out $46.7 billion worth of personal tax cuts as part of a $55 billion "working families support package".

"We have generated a surplus which is the second-highest for a decade," Mr Rudd told Parliament.

"We needed to take on the fight against inflation.

"That meant ensuring when it came to handling of government outlays we didn't perpetuate the spendathon of the members opposite as we have seen in recent years of government expenditure mounting and mounting and mounting. more

Sierra Leone: Build Business, Not Houses

A thorough survey will reveal that more houses are being built in different parts of the country more than the needed businesses that would generate income for both the government and the unemployed people in the country.

Unless the issue has been addressed, it is a widely known fact that to acquire a piece of land in Sierra Leone has never been an easy task. But it does not augur well for a growing nation, to realize that lands that were secured are used more to erect buildings for residential purposes.

Provision of accommodation is key in any nation, but if the observation President Koroma made that "More than 60% of the people (in Sierra Leone) live below the poverty line. We are in a country in which 60% of the youths are unemployed and the youth unemployment is on the increase on a daily basis" are to be addressed, then business development must take preeminence than accommodation. more

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