The Crying Rubber Sector: President Sirleaf and CBL’s Timely Intervention

first_imgEver since Harvey S. Firestone started planting rubber in Liberia in 1926, the rubber sector has been, probably aside from the Liberian government, the nation’s  largest single employer.For soon after he started his   plantation, Mr. Firestone got other Liberians, beginning with President C.D.B. King’s Interior  Secretary, James (Jimmy) Francis Cooper, interested in planting rubber. Mr. Cooper, in turn, got other Liberians involved in the rubber sector and soon the number of rubber planters quickly grew.  Being labor-intensive as it is, therefore, the rubber sector became the largest single employer, for there was Firestone, employing thousands to clear the land, plant and  tap the rubber, and other Liberian rubber planters doing the same thing.The rubber sector continues to attract tens of thousands of workers.So when the rubber price drops, causing farmers to worry seriously about their  future, the government cannot sit idly by, for she knows the consequences: the already high unemployment would  worsen and farmers may be forced to close their farms, causing more even economic problems for government and for us all.That is why President Ellen Johnson Sirleaf and Central Bank Executive Governor J. Mills Jones have swiftly  intervened to avert a continuing crisis. Through the President’s initiative, CBL Governor Jones has pumped into the Liberia Bank for Development and Investment (LBDI) US$5 million and L$129,750,000 as a stimulus package for the resuscitation of the rubber industry.Announcing the move at the weekend, Governor Jones, said it was the government’s way of revitalizing the sector.  He acknowledged the implications for employment, saying that the problems with rubber could negatively impact other areas in the economy.LBDI President John Davies said his bank was happy to be part of the rescue.  But he  urged the rubber planters to pay back the loans on time so that it would continue to do what banks do, lend to others in need of financial assistance.Farmers will have access to the funds through their organization, the Rubber Planters Association of Liberia (RPAL) and LBDI. RPAL president Benjamin Green Garnett expressed great appreciation to the President, CBL Governor and the Liberian government as a whole for the stimulus package.  This was a milestone, he indicated, since GOL does not normally reach out to rubber planters when they are in distress.But you have a president who is an economist and financial expert, and a Governor who, in addition to being a top-notch   economist himself, has demonstrated time and again his total commitment to assisting Liberian businesses.  So the time for such a stimulus package is now.In the 1960s, whenever the price of rubber dropped, President W.V.S. Tubman, who was himself a rubber planter–with rubber farms in Bonike, Maryland County and Totota, Bong County–always urged rubber planters to produce more to help make up for the price drop.  It is probably not that simple, but that is what RPAL president Ben Garnett says they will do.  The important thing, Mr.Garnett  reckons, is to keep the rubber farms open so that they may continue to produce and sell their rubber, no matter the price.  The farms just have to keep operating until things get better; otherwise the weeds would take over, causing a reduction in the flow of latex and leaving the farm workers idle.This would be good for no one–not the rubber planters, not the tappers, and surely not the government.In the past many rubber planters, especially the small and medium ones, depended on Firestone to bail them out when they were in financial stress.  The situation is so severe this time around that the mighty Firestone is itself feeling the pinch and it, too, has had to lay off staff.  This is serious.We do not know how long the crunch in the rubber market will continue, but we hope that soon we will begin to see light at the end of the tunnel.  When that time comes, and the rubber planters become again comfortable with the rubber price, they, led by RPAL, should begin to prepare for a rainy day, by setting aside an investment fund.This would empower the RPAL itself to be in the position to rescue its own members in times of financial stress.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

South Ruimveldt man charged for raping teen

first_imgTwenty-eight-year-old Travis John of South Ruimveldt, Georgetown was on Monday placed on $150,000 bail by Chief Magistrate Ann McLennan when he appeared before her charged for raping a 15-year-old girl.Accused: Travis JohnJohn faces an allegation that on February 1, 2017, in the vicinity of Kitty, Georgetown, he sexually penetrated a teen who is under the age of consent.The prosecution’s case is that on February 1, 2017, John went over to the teen’s residence and committed the act; and the matter was reported to the Police after the teen’s parents found out about the incident.He was released on $150,000 bail, and is expected to return to court on August 20.Three weeks ago, John was arraigned before the Mahaica Magistrate on a robbery charge alleging that he was the driver of the getaway car used in the July 17, 2018 East Coast Demerara robbery in which a man who had just withdrawn money from a bank had been pounced upon and robbed of some $1.7 million.last_img read more

Accused serial robber slapped with new robbery charge

first_imgAn accused serial robber, who has faced a string of robbery charges, appeared at the Georgetown Magistrates’ Courts on Monday, slapped with a new robbery charge.Chris PollardChris Pollard of Lot 53 David Street, Kitty, Georgetown, appeared before Magistrate Sherdel Isaacs-Marcus and denied the charge which alleged that on September 13, 2019, at Camp Street, Georgetown, while being in the company of others, he robbed Bob Sachin of a cell phone valued at $44,000 and $1000.Police Prosecutor Quinn Harris informed the court that on September 13, at about 17:30h, the Virtual Complainant was walking along Camp Street and was using his cellular phone when the 18-year-old snatched it.According to the prosecution’s case, the VC subsequently saw the defendant and two others and decided to approach them, when he was told by the defendant “don’t do nothing before we do you something.”Nevertheless, the VC raised an alarm and two police officers who were on duty nearby give chase and Pollard was apprehended.The prosecutor objected to bail being granted on the grounds that the defendant has five pending matters in the Georgetown Magistrates’ Courts and two at the Providence Magistrate’s Court. All the charges he is currently facing are of a similar nature.Prosecutor Harris further stated that the defendant elevated from simple larceny to robbery.The Magistrate, after listening to the facts, remanded Pollard to prison. The case will continue on October 7, 2019.The teen was also charged in 2018 for stealing his father’s gun and was recently released on bail by Chief Magistrate Ann McLennan.last_img read more


first_imgHome for Christmas Day (by Stephen Larkin from McNeely Villas but now in Philadelphia)Steve LarkinIt’s seventeen years since I’ve spent Christmas in Letterkenny town I’ve made a new home in a new land now and it’s well I’m settled downI wonder how much it’s changed since the time that I lived thereWhen we sat on the bank railing watching girls pass by, in front of the market square. On Christmas Day the town was dry, there was not a drop to be foundExcept in every establishment on the drinkers undergroundThere’s a gathering not to be missed, as traditional as Turkey and HamIt’s to sneak yourself in the back door for the Christmas morning dramIt was only a couple of hours but on a special kind of dayGreat craic with friends and neighbours, some returned from far awayNo man short on style nor funds in the Christmas morning crowd And the drink tasted ten times better when you knew it wasn’t allowedWe used to host a party on Christmas, later in the dayFor them who finished their dinner and could, it was an excuse to slip awayWe had a fire, music, drink and food and video games to play We partied till the wee hours with friends and neighbors, including Dempsey and Stephen and KayI spend each Christmas in America now as my kids are not yet grownAnd I often think of the times I had, which these boys will never have knownMaybe a few years from now, when my boys will be making their own wayI’ll pack a bag and travel light and be home for Christmas DayA POEM FOR CHRISTMAS – FROM LETTERKENNY MAN STEPHEN LARKIN IN AMERICA was last modified: December 22nd, 2012 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:A POEM FOR CHRISTMAS – FROM LETTERKENNY MAN STEPHEN LARKIN IN AMERICAlast_img read more


first_imgFEATURES: This year, Letterkenny Youthreach is celebrating our 25 year anniversary and as part of an on-going campaign of promotional activities and projects we have embarked on a creative writing and playset competition for our local primary schools. Recently young people in 4th – 6th class were invited to write an original story and accompany it with a drawing of an adventure playground which they would like to see built for their school. After hundreds of entries, we have now chosen a winner; Rioghnach McFadden from Scoil Cholmcille, Newtowncunningham.Using her drawing as a starting point, Learners in Youthreach will now work with their woodwork tutor, Andy Dowds, to design, plan, create and install this ambitious three section adventure play set at Scoil Cholmcille.This is such a multi beneficial project for all involved; an excellent opportunity for the young people in Youthreach to learn the practical skills involved in such a project while using the evidence of the work produced to satisfy their formal QQI level 4 accreditation and it also provides Scoil Cholmcille with a new play area for their children.We are now raising funds for this project and have had pledges and donations from a variety of local businesses and to this end the Bank of Ireland has kindly allowed us to hold a community fund-raising stall in their branch on Main Street, Letterkenny on Friday 6th May, as part of their Community Smiles campaign. We will be there on the day from11am—3pm providing tea/coffee and treats to anyone who calls into the branch on the day. The great news is for every penny that is donated to our cause on the day the Bank of Ireland will match it!So hopefully this will go a long way towards our over all costs.We are hoping that as many people as possible can call in and make a small donation on the day as every little bit helps. So if you are in the area call in and say hi and we’ll give you a warm reception, a cuppa and wee treat!LETTERKENNY YOUTHREACH AND BANK OF IRELAND ARE A WINNING COMBINATION was last modified: May 4th, 2016 by Mark ForkerShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Bank of IrelandFeaturesLetterkenny Youthreachnewslast_img read more

Napoli want Chelsea star as part of deal for Jorginho – reports

first_imgThe Italian club, according to La Repubblica, want Fabregas to be involved in the transfer so they can instantly bolster their midfield.The 31-year-old won his place back in the Chelsea team last season under Antonio Conte, but he has been linked with a move to Italy in the past.The Spaniard was previously a target for AC Milan and he could now finally get his move to Serie A. Chelsea may have to allow Napoli to sign midfielder Cesc Fabregas as part of a deal for Jorginho.Jorginho is being heavily linked with a Premier League move this summer after enjoying an excellent season in Serie A. 2 Fabregas joined Chelsea from Barcelona in 2014 2 Manchester City want to sign the 26-year-old and it looked as though they would win the race for his signature.However, the Blues have now entered the race for Jorginho and their efforts to bring him in are strengthening.Chelsea have been speaking to Napoli about a deal worth over £50m, but an alternative has now been suggested. Jorginho could be key in Chelsea’s pursuit of Maurizio Sarri last_img read more

La Liga: Barcelona out to seal title at home to Levante

first_imgBarcelona will win the La Liga with victory over Levante. (Agency Photo)Athletic Bilbao vs Deportivo AlavesEstadio San Mames Barria, BilbaoSaturday, 27-04-2019 @2pmThis is a big one in the Basque Country, particularly with both sides involved in the fight for Europa League football. 7th placed Athletic Club now hold a 3 point advantage on Alaves in 8th. It’s starting to look like it’s purely a battle between these two clubs for 7th which will almost certainly be good enough for Europa League football next term so the result here is vital.The sides drew 0-0 earlier in the season so the victors here will also take the Head-to-Head superiority, which is effectively worth an extra point at the end of the campaign in the event these sides finish level. There is only one side who really takes any momentum into this game and that is the hosts. Athletic have been steadily climbing the table for months now under Gaizka Garitano and head into this one with 5 wins from their last 7.Alaves meanwhile have slipped out of Champions League contention and they’ll most likely also be out of the running for Europa League football if they lose this. They’ve taken just 2 points from their last 6 league games and that long awaited dip in form has finally come but it has still been a season where they’ve performed well above all realistic expectations.It’s hard to look past the hosts here. Alaves are still struggling to get Guillermo Maripán back to fitness and they’ve looked much less assured without him at the heart of their defence. Defensive solidity has been the key ingredient in their success this term but they’ve been less convincing in recent months and have only kept one clean sheet on the road since October.Athletic meanwhile have really improved as the season has gone on and they’ve managed to make San Mames a bit of a fortress again. They are unbeaten in 12 home league games now, although their last home defeat did come in a Basque derby against Sociedad. They’ve been scoring more goals too with 8 scored in their last 3 home games and they will fancy they have enough quality to break down this Alaves defence at least twice.Atletico Madrid vs Real ValladolidEstadio Wanda Metropolitano, MadridSaturday, 27-04-2019 @5:15pmAtletico Madrid are clinging on to the slimmest of title hopes but realistically they know the game is up. Victory here for Real Valladolid would crown Barcelona as champions but the visitors won’t be too bothered by that with their own very real reasons why they need the points. We can expect a committed display from the visitors this Saturday as they battle to remain in La Liga.Their hopes took a turn for the better in midweek. Valladolid beat Girona in a huge six-pointer at the bottom end of La Liga. The result lifted them out of the drop-zone but only by a point. They do take a bit of form into this one having gone 3 without defeat now but they will be well aware that this is going to be a considerably tougher match than any of those games.Atleti to their credit are still battling on and chalking up the victories that now look set to be good enough to clinch 2nd place ahead of their city rivals Real Madrid for the second season running. That’s no mean feat but in truth it has been a disappointing season for Atleti who started the campaign with high hopes of pushing for silverware at home and abroad but end it with no trophies besides the UEFA Super Cup they won in August. They are also faced with uncertainty over the future of just about all their star players.That hasn’t got in the way of their form though and they’ve won 9 of their last 11 games in La Liga with the only slip-ups coming in tough away games at Barcelona and Athletic Bilbao. It’s very hard to look past them winning this match. Atleti saw off a strong Valencia side in midweek at the Wanda and they’ve got the best home record in the division with an average of 2.59 points per game in front of their own fans and an 82% win ratio.Atleti also have a ridiculous 71% clean sheet ratio at home too and there’s every reason to think they will improve on that here. Valladolid are the division’s lowest scorers with four fewer goals the next worst team. They’ve failed to net in 47% of their away games this term and don’t really have anyone capable of offering a consistent goal threat in the final third.Up against an Atletico side that is so tough to break down, they’ll do well to get on the scoresheet in this one.Leganes vs Celta VigoEstadio Municipal de Butarque, LeganesSaturday, 27-04-2019 @7:30pmCelta Vigo have had a real upturn in form over the past few weeks but they still have work to do to ensure they are playing in La Liga next season. They head into this Saturday’s clash with Leganes only 2 points above the bottom three. Their opponents don’t have much to play for but they do have a good record at Butarque this season so it won’t be easy.Three home wins over the past month, largely inspired by the returning Iago Aspas have rescued Celta from a position of real peril. They picked up a useful point at Espanyol in midweek too and have lost just one of their last 6 in La Liga. That solitary defeat came at Atletico Madrid and was also the only game of the 6 where talisman and top scorer Aspas was missing.Leganes meanwhile head into this game without a win in four games but they maintain a safe mid-table position. They were beaten 1-0 at home by Athletic Bilbao in midweek but that was only their 3rd home defeat of the season in the league. That’s an excellent record for a team that everyone expected to struggle but a lack of motivation could start to become a minor issue now with not much on the line in their final few games.This is a tricky one to call. A couple of months back it would have been a home banker but Leganes have just had a bit of a wobble and they’ve only netted twice in their last four home games. Those fixtures yielded only four points and with the visitors clearly the more motivated side, Celta look capable of getting something.They’d probably be content with a point though. That would move them onto 37 and they do still have to host bottom club Celta Vigo on the final day which they will fancy they can win. Celta haven’t travelled well this season but they’ve shown more fighting quality in recent weeks on the road. They’ve drawn 3 of their last 6 away league games and those could prove very useful points in the final equation.Celta have only recorded one away win since August.Barcelona vs LevanteEstadio Camp Nou, BarcelonaSaturday, 27-04-2019 @9:45pmSaturday is almost certainly going to be the day when Barcelona win La Liga. They will do so if Atletico Madrid lose against Valladolid earlier in the day but whatever the result in that match, three points will seal the title for Barca here. Levante though have reasons of their own to try and spoil the party and their chances are at least increased by what is likely to be some considerable rotation from the Catalans.Barcelona host Liverpool on Wednesday in the 1st Leg of their Champions League Semi-Final. Ensuring everyone is as fresh as possible for that game will be the priority for Ernesto Valverde but he will also want to get the title won this weekend to allow his team to fully focus on Europe. Barca rested players in midweek but still won at Alaves and they will fancy they can do likewise here.Levante though come into this one on a real high having thumped Real Betis 4-0 in perhaps their best performance of the season on Wednesday night. They’d gone 9 games without victory prior to that and had briefly slipped into the relegation zone so it was a vital victory. Clearly any sort of result here would be a huge bonus for the Valencia club who hold a 3 point advantage on the relegation zone.One man who is expected to be rested by Valverde is Gerard Pique. Barca simply can’t afford for him to pick up an injury on the eve of a Champions League Semi-Final. That should see Samuel Umtiti come in and he hasn’t looked particularly assured or fit since returning from injury. Levante are a side that plays on the break and they have already won at the Bernabeu this season.The pace of Jose Luis Morales is perhaps their biggest weapon. He has netted 11 times this season and could be a real threat here. Backing Morales to score Anytime could be worth a punt.It’s certainly a game that promises goals. Leo Messi was rested in midweek which suggests he will start here and that almost guarantees the Levante defence will have a tough evening. The visitors do have the worst defensive record in La Liga but they are also the joint 4th highest scorers having netted as many goals at Atletico Madrid.Valencia vs EibarEstadio de Mestalla, ValenciaSunday, 28-4-2019 @1pmThe race for 4th place in La Liga is really heating up now and Valencia are right in the thick of it. They have a bit of ground to make up though after a midweek defeat and there’s very little margin for error this Sunday. Eibar will be out to thwart them but they aren’t in the best of form so Los Che will certainly be expected to claim all the points.Valencia were involved in an entertaining game at the Wanda Metropolitano in midweek. They twice equalised against Atletico Madrid before ultimately succumbing to a wonder strike from Angel Correa. That ended a run of four straight wins in all competitions. This is their final game before they travel to Arsenal in the Europa League Semi-Finals and they still have two possible paths into next season’s Champions League.Eibar don’t have an awful lot left to play for. They have 40 points on the board which should be enough to keep them up but they might still be keeping half an eye on the picture below them. They’ve taken just 1 point from their last 4 league games to fade out of European contention but it has still been another good season for the Basque minnows.Valencia boss Marcelino hasn’t been tinkering too wildly with his eleven despite those cup commitments and he should go relatively strong again here. Valencia’s overall form is excellent with just 1 defeat in 22 games in all competitions prior to the midweek trip to Madrid where they gave a pretty good account of themselves. They’ve also started scoring a lot more goals with two or more in each of their last 5 matches.One man who has really stepped up for them is Goncalo Guedes. The Portuguese winger is looking fully fit again and has fired in 6 goals in his last 7 games including a vital brace in the win at Betis last time out. Backing Guedes to score anytime could be worth a punt again here given his current form.Eibar were beaten 2-0 at struggling Huesca in midweek in a performance you might expect from a mid-table side with nothing to play for at this stage in the season. Up against a genuinely strong Valencia side at the Mestalla, it’s hard to make any real case for them getting a result or even running Los Che particularly close.Girona vs SevillaEstadio Municipal de Montilivi, GironaSunday, 28-04-2019 @3pm*Details to FollowReal Sociedad vs GetafeEstadio Municipal de Anoeta, San SebastianSunday, 28-04-2019 @5:15pm*Details to Follow  Villarreal vs HuescaEstadio dela Ceramica, VillarrealSunday, 28-04-2019 @7:30pm*Details to Follow  Rayo Vallecano vs Real MadridEstádio de Vallecas, MadridSunday, 28-04-2019 @9:45pm*Details to Follow  Real Betis vs EspanyolEstadio Benito Villamarin, SevilleMonday, 29-04-2019 @10:00pm*Details to FollowBET ON ALL THESE GAMES AND MANY MORE @Bunga BetComments Tags: Spanish La Ligatoplast_img read more

Preview: Chelsea aim to pick up where they left off against Leicester

first_imgChelsea lost at Leicester last season, Jose Mourinho’s final game in chargeChelsea could have done without the international break – they shrugged off a couple of poor results by winning 2-0 at Hull. Today they aim to pick up from where they left off as they host defending champions Leicester.Kick-off: 12.30pm, Saturday 15 October 2016Referee: Andre Marriner (Sheldon, West Midlands)Five key battles: Including John Terry v Jamie VardyVital statistic: Chelsea are undefeated in 10 of their last 11 matches against Leicester in all competitions.Injuries and suspensionsCHELSEARuled out: Willian (compassionate leave), Kurt Zouma (knee), Marco van Ginkel (knee).LEICESTER CITYRuled out: Nampalys Mendy (ankle), Matty James (ankle).Fitness test: Danny Drinkwater (groin). Possible starting line-upsChelsea: Courtois; Cahill, Luiz, Terry; Azpilicueta, Kante, Matic, Alonso; Moses, Costa, Hazard.Leicester: Schmeichel; Simpson, Huth, Morgan, Fuchs; Mahrez, Amartey, Drinkwater, Albrighton; Slimani, Vardy. Facts and figuresFORM GUIDE (last five league matches)Chelsea: W L L D W (7 points) • Home: L W W D D (8 points)Leicester: D L W L W (7 points) • Away: L L L D D (2 points)TOP SCORERS (league only)Chelsea – 6: Costa; 2: Hazard, Willian; 1: Batshuayi, Moses.Leicester – 2: Slimani, Vardy; 1: Gray, Mahrez, Morgan.LAST FIVE MEETINGS20 Sep 2016: Leicester 2 Chelsea 415 May 2016: Chelsea 1 Leicester 114 Dec 2015: Leicester 2 Chelsea 129 Apr 2015: Leicester 1 Chelsea 323 Aug 2014: Chelsea 2 Leicester 0Chelsea 3 wins, Leicester 1 win, 1 drawClick here for the latest Chelsea transfer gossip See also:The stats that show how Kante’s game has changed at ChelseaTerry passed fit for Leicester gameChelsea v Leicester: five key battles Ads by Revcontent Trending Articles Urologists: Men, Forget the Blue Pill! This “Destroys” ED x ‘Genius Pill’ Used By Rich Americans Now Available In Netherlands! x One Cup of This (Before Bed) Burns Belly Fat Like Crazy! x Men, You Don’t Need the Blue Pill if You Do This x What She Did to Lose Weight Stuns Doctors: Do This Daily Before Bed! x Drink This Before Bed, Watch Your Body Fat Melt Like Crazy x Follow West London Sport on TwitterFind us on Facebooklast_img read more

How Brexit Will Affect Self-Employment

first_imgWhy IoT Apps are Eating Device Interfaces Tags:#Brexit#Freelancers#How to prepare/UK Brexit#US?UK Brexit#WTO tariffs Xenios is the founder and CEO of PeoplePerHour and TalentDesk. He is also a passionate PPHer, an avid blogger and a lover of art, design and all things quirky and minimal words in particular. What it Takes to Build a Highly Secure FinTech … Related Posts Follow the Puck Xenios ThrasyvoulouFounder and CEO of PeoplePerHour Many of the self-employed workers are employed in sectors such as tech and finance — two industries that could potentially see a drain in people and investment if the UK’s economy takes a nosedive in the wake of the country leaving the EU. Interestingly, 63 percent of the UK’s five million who call themselves self-employed think that Brexit won’t directly impact their business.However, the self-employed contribute almost £300 billion a year to the UK economy and will be hugely affected by Brexit.The UK government has focused mainly on securing the free-flowing provision of goods once the UK leaves the EU, consulting large companies in traditional industries with complex supply chains. However, the self-employed and freelancers have not been at the forefront of negotiations or media discussions — despite their growing importance to the UK economy.IPSE has undertaken research that has shown that the self-employed want a non-disruptive Brexit, which includes access to the single market and customs union, and freedom of movement for people. We’ve highlighted below some of the issues the self-employed might face post-Brexit, and what can be done to mitigate some of the negative consequences.World Trade Organisation (WTO) tariffs.If the UK leaves the EU without a deal, this means that the buying and selling of goods and services could become more expensive, due to the addition of WTO tariffs. Ultimately, this means that for those self-employed having some form of trade with the EU, this could make the provision of their services less competitive than those based on the continent.Even if your client isn’t based in the EU, they might be EU-owned but based in the UK, and export your services to another EU nation. Before the EU referendum, the Treasury undertook research and modeling which suggested that the addition of WTO tariffs would result in unemployment increasing to 820,000.How to prepare: If you’re concerned about a no-deal Brexit, research whether the goods or services you or your clients provide would be subject to WTO tariffs, and how this would impact your work.Regulations.The Prime Minister indicated in January 2017 that the UK will be leaving the EU single market. Currently, 60% of UK legislation comes from the EU and allows the ease of trade across industries from chemicals to data and finance. Ultimately, Brexit means that companies based in the UK who trade with the EU will potentially have to grapple with two different sets of regulations.These regulations could have significant implications for the self-employed. The government has published technical guides, which outline its plan for lots of different regulations.How to prepare: If you work with regulations that are derived from EU law, it’s recommended that you check on the government website and see what you will need to do to comply with UK legislation post-Brexit.Employment and tax.Tax and employment regulations are mostly an issue for national governments. However, the UK pays into the EU’s contributory benefits system for pensions and sickness. If the UK leaves the EU with no deal, those self-employed in the UK who are EU citizens may have to pay two sets of national insurance. Right now, EU citizens have the right to live and work in the UK. The UK government has assured EU workers that they will retain these rights post-Brexit, but there could be requirements in the future for work visas or sponsorship.In the event of a no-deal Brexit, the UK may change legislation in this area long term, and diverge from the other EU member states. Also, other areas of taxation might be indirectly affected, such as the UK lowering corporation tax. If you are an EU citizen, check with your home country and the status of social security contributions when living in a non-EU country.VAT exemption thresholds could also change, regardless of whether or not there is a deal with the EU. At the moment, the UK has a VAT exemption at £85,000. However, leaving the single market could mean that the exemption drops to £76,000. This additional cost could cause thousands of SMEs (Europeans define this acronym as a small and medium-sized business enterprise). Meaning, the self-employed my have to add VAT to their services and products. If you are near the lower threshold, you will be legally required to charge VAT.How to prepare: Check your annual numbers and revenue with your accountant, in order to be able to quantify the loss if the worst-case scenario comes true and the threshold changes post-Brexit. Then, using the scenario planning approach, prepare a plan with the expected income and outcome of the upcoming year, in order to see how it will affect your quality of living.Freedom of movement. Skilled and unskilled workers in the EU 28 have benefited from freedom of movement, one of the key pillars of the EU. The freedom to move and work where a person chooses has proved a controversial aspect of the EU referendum, and Prime Minister Theresa May has confirmed that after Brexit, this will end. Having a freelancers dream marketplace has enabled a market of 28 countries for the self-employed, having equal access to work in all these nations.Tourist travel will still probably be straightforward, but businesses have expressed concern about moving their workers around the continent with ease. The self-employed could face challenges post-Brexit if they have clients based in the other 27 countries. A work visa may be needed, or possibly sponsorship. These processes could be expensive and cumbersome for clients, making self-employed contractors and freelancers based in the UK less appealing to work with than under current conditions.Under a no-deal Brexit, all UK passport-holders must have a passport valid for six months or over if they are entering the EU. EU freelancers based in the UK must apply through the EU Settlement Scheme to remain in the UK beyond June 2021.How to prepare: If you have clients based in the EU or who would require you to travel to the EU, check what plans they have in place to allow for self-employed contractors or their employees to move between the UK and the EU.With uncertainty, comes opportunity.If a no-deal Brexit does go ahead, it’s been predicted that specific industries will face chaos. Organizations will need to deal with prolonged uncertainty and adapt quickly to change. Companies might bring in more temporary workers to help manage their workload.Moreover, for self-employed consultants and contracts in specific industries, Brexit-related jobs have increased. A study has shown that the financial services industry has created nearly 3,000 jobs in the EU because of Brexit, and 500 of these jobs are in London.Another opportunity that could come from Brexit is the renegotiation of trade deals with countries outside of the EU. As a member of the EU, Britain is unable to have an independent seat at the WTO; this will no longer be the case once terms with the EU have been agreed upon. It will remain to be seen whether Britain could provide a higher level of freedom for the self-employed and could present an opportunity to work closely with major economies such as Japan, India and the UAE.Brexit has created a lot of uncertainty, but there might be more opportunities for the self-employed. Look out for the opportunities that present themselves; your flexibility means you can gain a step ahead of your larger competitors. Indeed, if your smaller competitors are not as prepared as you for the upcoming changes, then you can also get a headstart on them.How to prepare: Ask your clients if they have any Brexit-related roles, or if they foresee a requirement post-Brexit for temporary workers. Some companies might be seeking experts on customs procedures and trade, two areas which will drastically change.The future of the self-employed.Business does not like uncertainty – regardless of company size or industry, whether you’re self-employed or part of a multinational corporation. The media have zoned in on the adverse effects Brexit will have on large businesses, with little coverage given to the self-employed.Use your flexibility to your advantage, bring in skilled freelancers if you need to enable your business offering to become more diverse. Look out for opportunities that you feel could be relevant to your clients. If you don’t currently have the people in your business to deliver the business that you are requiring — use your freelancers is a simple way of bridging that gap in the short term.If you think that these services will be useful for your clients long term, then you can look to bring in someone on a permanent basis in the future. The UK is home to many companies across the world, who use the country as their European hub.Many have indicated that if the UK does not secure a favorable deal with the EU, then they will move their operations elsewhere. The lack of regulatory equivalence, WTO tariffs, barriers to moving people and more, makes the UK a less attractive place to do business.However, this might be a chance to hone in on your skills and an opportunity to expand your client base. Is it possible that Brexit will create jobs with your expertise? Will there suddenly be a demand for your products or services? These are just some of the questions you should ask when building a long term strategy around Brexit.If you prepare as best you can to suit your business, the adverse effects of Brexit could be limited.PeoplePerHour, the leading freelance marketplace in the UK, has released a dedicated microsite with series of Brexit guides for freelancers and small-business owners. Additionally, you may find other useful Brexit resources and news that will help you stay on top of the topic and get properly prepared. Trends Driving the Loyalty Marketing Industrylast_img read more