Nigeria 2022 revenue projections carry risks

Headline NIGERIA: 2022 revenue projections carry risks

Pelatihan Smart-Plant-Gardening bagi Karang Taruna saat Pandemi Covid-19

The programme objective is to increase the number of young entrepreneurs in Indonesia, especially for members of Karang Taruna RW 15 Srengseng Sawah organizations through the dissemination of information about smart-plant-gardening. The method are counseling and practical training activities. This activity has succeeded in increasing the knowledge of participants. It comes from the percentage number of participants knowledge. Before activity, the percentage of knowledge participants about smart-plant-gardening is around 20 percent. After training, its increased to 93 percent. The material on business opportunities and revenue projections impacts on participants interest in entrepreneurship. Based on data from pre-activities, 40 percent of participants were initially not interested in doing this business. After the activity, 100 percent of the participants express their interest in doing business with fresh vegetables as a product of smart-plant-gardening. Participants's technical knowledge of smart-plant-gardening increase from 50 percent to 90 percent. All participants state that this activity is useful. The results above indicates that the community service has increased the knowledge and sense of business among Karang taruna RW 15 Srengseng Sawah members.Keywords: Training, Smart-plant-gardening, Youth organization.Abstrak. Tujuan program pengabdian kepada masyarakat ini adalah untuk meningkatkan jumlah wirausaha muda di Indonesia khususnya pemuda/pemudi anggota karang taruna di Jakarta Selatan melalui penyebarluasan informasi mengenai smart-plant-gardening. Metode kegiatan adalah penyuluhan yang dikombinasikan dengan kegiatan praktik pelatihan. Hasil kegiatan menunjukkan terdapat peningkatan pengetahuan tentang smart-plant-gardening. Kesimpulan dari kegiatan ini adalah persentase jumlah peserta yang memiliki pengetahuan tentang smart-plant-gardening pada saat sebelum kegiatan pengetahuan peserta berkisar 20 persen. Setelah pelatihan, pengetahuannya meningkat menjadi 93 persen. Materi mengenai peluang bisnis dan proyeksi penerimaan yang diberikan memberi dampak peningkatan terhadap minat berwirausaha. Berdasarkan data pra-kegiatan pengabdian, 40 persen peserta awalnya tidak berminat untuk berbisnis produk sayuran. Namun, setelah kegiatan 100 persen peserta menyatakan berminat untuk berbisnis sayuran segar sebagai produk dari smart-plant-gardening. Pemahaman teknis peserta mengenai smart-plant-gardening meningkat dari 50 persen menjadi 90 persen. Seluruh peserta (100 persen) menyatakan bahwa kegiatan ini bermanfaat. Hal ini mengindikasikan bahwa kegiatan yang dilakukan telah meningkatkan pengetahuan dan pemahaman bisnis anggota karang taruna RW. 15 Kelurahan Srengseng Sawah Kecamatan Jagakarsa.Kata Kunci: Pelatihan, Smart-plant-gardening, Karang Taruna.

Acceptance Analysis of PDAM Sleman’s Water Tariff Based on Revenue and Wilingness to Pay Projection

The Regional Water Company (PDAM) of Sleman provides clean water to the community and charges a tariff for each cubic meter of water sold to customers. Minister of Home Affairs Regulation No. 71 of 2016 states that PDAM tariffs requiring a review every four years. Most recently tariffs set by PDAM Sleman was in 2016 therefore it requires a recalculation. Besides that, it is necessary to analyze the tariff acceptance from the service provider and service recipient’s point of view. Calculation tariff method utilized a formula based on the Minister of Home Affairs Regulation No. 71 of 2016. Acceptance analysis conducted by calculating the projection of water sales revenue, the profit to earning assets ratio, and the willingness to pay (WTP) projection of customers. Revenue projections were obtained by multiplying tariffs with the water sold volume. The WTP projection is carried out using the inflation method based on the WTP of PDAM Sleman customers from the 2007’s research. PDAM Sleman tariffs based on calculations resulted low tariffs of IDR3727.48, basic tariffs of IDR4659.36, and full rate of IDR9460.17. Based on the WTP analysis, the tariffs are feasible from the the service recipient’s point of view, which are the PDAM customers, because it is still affordable by customers for their average water consumption. Nevertheless, from the point of view of the service provider, which is PDAM Sleman, the tariffs are not feasible because the profit ratio of 0.31% is still much lower than the fairness profit ratio as 10% amount. Therefore, it is necessary to make tariff adjustments to increase profits. The adjustment strategies such as by determined tariffs only based on consumption blocks without breaking down based on customer group categories and adjusting the range of second and third consumption blocks.

Buzzfeed Inc: native advertising the way forward?

Learning outcomes This paper aims to understand the changing landscape of media and entertainment industry, to understand the difference between display advertising and native advertising, to know the standing of BuzzFeed in the industry and to know the strategic actions of BuzzFeed under the current competitive business environment. Case overview/synopsis Founded in 2006 as a viral lab, by Jonah Peretti and John S. Johnson, with the aim of tracking viral content, it caused disruption in the market with its entry and grew very rapidly. It was valued at $1.5bn in 2015, having raised money from numerous investors. The revenue of BuzzFeed was driven by the concept of native advertising. Catchy headlined articles conveyed the sense that BuzzFeed might be charging advertisers on basis of clicks, but this was not entirely true. Instead, BuzzFeed charged a fee from its clients for creating custom content targeting the customer base of the client. However, the year 2015 went tough for BuzzFeed when, as per the reports by Financial Times, it fell short of achieving its targeted revenue of US$250m by US$80m. It forced the company to revise and lower its target revenues for the year 2016 as well. The combined worldwide traffic to BuzzFeed saw a decline of up to 14 per cent. As Claire marketing head looked out of the window and pondered over the slashed revenue projections and the content related issues, the question on her mind was would native advertising sustain BuzzFeed in the longer run? BuzzFeed was known for its viral content and native advertising would involve finding a balance between what is good for the advertisers' brand and what will become viral. Buzzfeed ran a risk of losing brands to other modes of advertisement if they felt that native advertisement, which disguises the product within the content, was not meeting their expectations. Complexity academic level The case is targeted at students of post-graduation and under-graduation programs in Business Administration. Supplementary materials Teaching Notes are available for educators only. Please contact your library to gain login details or email [email protected] to request teaching notes. Subject code Marketing

Equatorial Guinea's heir apparent likely to endure

Significance The polls came shortly after last month's high-profile sentencing (in absentia) by a French court of Vice-President Teodorin Obiang. He received a three-year jail term and a fine of 30 million euros (36 million dollars) on corruption charges. However, both his jail term and fine were suspended, meaning that he will only face jail or pay the fine if he re-offends and is convicted in France. Teodorin has long been seen as heir apparent and likely to succeed his father. Impacts Teodorin's conviction may set a precedent for trials of senior government officials and their families in France. International energy firms will face more demands to buy locally and improve corporate social responsibility (CSR). The continued high dependency on the oil sector and a small tax base make non-oil tax revenue projections illusory.

Zimbabwe's economic plans unlikely to prompt recovery

Subject The 2017 budget. Significance Finance Minister Patrick Chinamasa presented a 4.1-billion-dollar budget for 2017 to parliament on December 8, aimed at “pushing production frontiers across all sectors of the economy”. This is slightly higher than last year’s 4-billion-dollar spending plan, despite pledges to contain expenditures. Economic growth is projected at 1.7%, up from the 0.6% estimated for 2016, but still significantly down from the 4.8% initially predicted in October. The IMF estimates the economy will contract by 0.3% in 2016 and 2.5% in 2017. Impacts Revenue projections of 3.7 billion dollars may prove unfeasible considering the 9.8% underperformance in 2016. Employment costs are unlikely to fall, with further cuts in capital expenditure -- and rising debt -- possible. Elevated government borrowing risks a disorderly de-dollarisation of the financial system.

POTENSI PENERIMAAN PAJAK BUMI DAN BANGUNAN DI KOTA BENGKULU

Karona Cahya Susena; The purpose of this study was to determine the potential revenue projections Land and Building Tax (PBB) in the city of Bengkulu years 2014-2016. This type of research used in this research is quantitative. The benefits of this research are as information material to the Regional Government of Bengkulu in policy making and management of land and building tax (PBB) in 2014 up to 2016. This study suggests that projected revenue potential land and building tax (PBB) in the city of Bengkulu experience increase from 2014 to 2016. The amount of potential revenue Land and Building Tax (PBB) in the city of Bengkulu year in a row from 2014 to 2016 as follows: 2014 by Rp12.285.612.144, 2015 by Rp12.852.211.071, 2016 by Rp.13.418.809.999, increased revenue potential land and building tax (PBB) will lead to greater realization of the UN acceptance for the city of Bengkulu in the next three years.Key words: Land and Building Tax

On the Rationality of Medium-Term Tax Revenue Forecasts: Evidence from Germany

Summary This paper examines tax revenue projections in Germany for the period 1968 to 2012 with a focus on forecasting rationality. It is shown that tax revenue forecasts for the medium-term are upward biased. Overoptimistic revenue projections are particularly pronounced after the German reunification and reflect upward-biased GDP projections in this period. The predicted tax-GDP-ratio appears to be upward biased, as well. The forecasts are likely to overestimate tax revenues if the predicted tax-GDP-ratio exceeds its structural level of approximately 22½ percentage points. The results also indicate that forecast errors of short-term projections for the current year exhibit serial correlation. It is conceivable that the non-rational behaviour can be traced back to the specific institutional setting of revenue forecasting and budgetary planning in Germany.