Edward Banayoti established Offsets Unlimited as platform to address the need for a confidential marketplace where Offset Debtors can identify partners who can fulfill an offset obligation on their behalf in favor of the offset creditor.
The Offsets market is today worth multi billion US Dollars. Many companies seek to comply with their offset obligations but not all counterparties are presently equipped to secure compliance within the set time frames.
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Leeds finds pessimistic business confidence three consecutive quarters in Colorado
on March 30, 2023
… data shows the local business community continues to be pessimistic … , with business confidence down for three consecutive … the Leeds School of […]
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Cherokee buys out business lease for housing development
on March 30, 2023
… , but Tribal Council asked the Business Committee to take a look … “B” Ensley, calling Wolfe’s business “a staple in the community … buyout […]
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on March 30, 2023
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VDM councillor accused of illegal water connection at his business
on March 30, 2023
… illegally connecting water to his business premises at Mhinga village. Councillor … a connection to his carwash business. One of the […]
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Ugandan delegation understudies GRIDCo on Optic Fibre business
on March 30, 2023
… discussions on the Optic Fibre Business due to GRIDCo’s … would adopt a good fibre business strategy. “We will start … also adopt good […]
The cumulative value of outstanding Defence Offset Obligations for some countries and companies can run into Billions. Some companies within the sector have obligations which they are not necessarily best equipped to deliver, leaving them facing potential liabilities or penalties in the event they fail to fulfil them.
On the other end of offsets, some Countries may have legacy obligations due to them by companies where the rapidly evolving domestic and world landscape, as well as present national priorities will have developed into a situation where such obligations no longer represent the best, most effective and therefore most desirable value-added solution.
Our view is that through the creation of a market place and the introduction of a mediated/negotiated approach, both sides can achieve a better, more effective and mutually preferable quicker outcome, especially in relation to deals seeking to attain trade balance. It is for this reason that we are herewith creating the Offsets Unlimited International.