Nigeria: IMF Wants Nigeria to Focus More On Increasing Tax Revenue

[ad_1] The International Monetary Fund (IMF) has asked the Nigerian government to put in place a more efficient tax collection system in order to broaden its revenue base. The Fund's position was expressed by Mr. Davide Furceri, Division Chief, Fiscal Affairs Department of the IMF while responding to a question on how Nigeria could best address her high debt service /revenue ratio, at yesterday's Fiscal Monitor press briefing at the on-going IMF/World Bank Annual Meetings in Washington DC. He said […]

October 24, 2024 1

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Liberia: GAC Audit Report – GAC Releases Report On 102 Audits

[ad_1] The General Auditing Commission (GAC) under the astute leadership of Auditor General P. Garswa Jackson has released reports of 102 audits conducted by the Commission of various agencies of the Liberian Government. According to the report, there was a total of 102 audits (33 Financial Statement Audits, 16 Compliance Audits, 6 Performance Audits, 46 Project Audits and 1 Information Technology Audit) conducted and 181 audit reports published, 83 of which were on Financial Statement Audits, 44 on Compliance Audits, […]

October 17, 2024 5

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Nigeria’s Fintech Community and the Global War Against Fraud

[ad_1] The advent of financial technology and global adoption has been the answer to the long-waited solution to connecting world commerce with cross-border transactions, cutting off the barriers of trade and currency conversion. The innovation has helped businesses and even countries participate in global trade in real-time and repatriate remittances that took months just a few years ago. But like every innovation, no matter the good intent, it always falls prey to the tactics of those who have dedicated their […]

February 15, 2024 4

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Kenya Elected to Chair United Nations World Tourism Organization for Three Years

[ad_1] Nairobi — Kenya has been elected to chair the United Nations World Tourism Organization's (UNWTO) Committee on Tourism and Competitiveness, solidifying its position as a leader in the global tourism industry. The announcement was made at the first meeting of the committee held at the UNWTO headquarters in Madrid, Spain. The Ministry of Tourism said that Kenya won the position after two rounds of voting, defeating strong bids from Thailand and Malta. Tourism Cabinet Secretary Alfred Mutua termed the […]

January 25, 2024 5

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Rwanda: Kigali – Rwf20 Billion Needed for ‘Ecotourism Lake’ in Masaka

[ad_1] In a bid to enhance ecotourism and bolster flood management initiatives, Rwf19.8 billion is required to construct essential facilities paving the way for an ecotourism lake in Masaka sector, Kicukiro district. Davis Bugingo, the Flood Management and Water Storage Development Division Manager at Rwanda Water Resources Board (RWB), told The New Times in an interview on Tuesday. The completion of a detailed design for the Masaka dyke, a structure crucial for creating the ecotourism lake in Masaka wetland within […]

January 24, 2024 3

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Kenya: President Ruto Urges Kenyans Not to Allow Anyone to Derail Their Home Ownership Dreams

[ad_1] Nyandarua — President William Ruto has urged Kenyans not to allow anyone to derail their home ownership dreams. He said Kenyans can now contribute voluntarily to own decent homes, thanks to the affordable housing programme, a policy of government. "We will deliver thousands of housing units in various sites under the Nyandarua Affordable Housing Programme and create jobs for thousands of our youth in the county," President Ruto stated. The Head of State asked Kenyans to dial *832# on […]

January 12, 2024 1