Most Recent World News

Nigeria Rakes in N111Bn Tax From U.S. Companies

United States of America’s companies operating in Nigeria contributed about N111 billion as tax to the nation’s economy in 2017, LEADERSHIP has exclusively gathered. The tax figure was a cumulative.

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We shall improve Uganda’s quality of exports – trade funder

The United Kingdom’s partnership with Africa is incredibly important to us. In the UK perspective, Africa’s success in the medium and long term matters. Uganda rightly aspires to reach the.

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20 consumers owe City of Cape Town nearly R160m

Cape Town – The Top 10 defaulting Cape Town businesses owe the City more than R120 million in debt older than 90 days and now the City is getting tough.

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Egypt introduces improved financial reporting system for agencies

The finance ministry of Egypt has started the implementation of a new system to monitor state agencies’ financial transactions. The Government Financial Management Information System, which is part of the.

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South Africa’s Land Bank says expropriation could cost the government R41 billion

The Land and Agricultural Development Bank of South Africa (LADBSA) has warned that land expropriation without compensation, implemented on farmland, will trigger a financial fright. As reported by Business Tech,.

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Ethiopian Airlines, Zambia to relaunch national airline at cost of $30 million

Ethiopian Airlines has signed a shareholding agreement with Zambia’s main development agency to relaunch the southern African country’s flag carrier at an initial cost of $30 million. The Ethiopian state-owned.

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ECOWAS moves to develop regional strategies for AGOA, TIFA

A Technical Working Group (TWG) comprising of focal points from Directorates of the Commission of the Economic Community of West African States (ECOWAS) recommended that regional and national strategies be.

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Afreximbank Records $343m Gross Revenue in Half-year

The African Export-Import Bank (Afreximbank) has released its unaudited financial statements for the half-year period ended 30 June 2018, showing gross revenue of $343 million. The figure represented a $21.

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Nigeria Wasted $1tn Earned in Oil Booms, Says Report

But for the recurring wastefulness of federal government, the country could have used about $1 trillion it earned from its production and sale of crude oil in five different oil.

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Nestlé Central & West Africa Region appoints Rémy Ejel market head

Nestlé Central & West Africa Limited, a subsidiary of the world’s leading Food and Beverage Company, has appointed Mr. Rémy Ejel as its new Market Head. Mr. Ejel joins Nestlé.

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