Minister of Finance of Guinea-Bissau heard at PGR for payments to 11 businessmen
The Minister of Economy and Finance of Guinea-Bissau will be heard at the Attorney General’s Office on Monday December 6 to clarify the payment of […]
Finance
Kenya: High Court declares part of disputed Finance Bill 2023 unconstitutional
On November 28, the High Court of Justice in Nairobi declared part of Kenya’s Finance Bill 2023 unconstitutional. In particular, the Court ruled that the […]
Kenya: controversy over funds announced to prevent the consequences of the El Niño climate phenomenon
In Kenya, the question of funds allocated to El Niño prevention is causing controversy. For the past ten days, the country has been suffering from […]
Direct contracting in Mozambique increased by more than 4.5 thousand ME
The Centre for Public Integrity (CIP), a Mozambican non-governmental organization (NGO), estimates the additional cost of direct state contracting in an election year at 318 […]
Angola: The government reintroduces 10% tax on foreign exchange transactions
The Angolan government will reintroduce a 10 percent tax on foreign exchange transactions carried out abroad, in the context of contracting services, according to the […]
Malawi suspends official foreign travel to cut expenses
Malawi’s President Lazarus Chakwera has decided to temporarily ban himself and his government from traveling abroad, to help his country cut spending in the face […]
IMF admits situation is “a little complicated” due to increase in domestic debt in Mozambique
The representative of the International Monetary Fund (IMF) in Mozambique has classified the domestic debt situation as “somewhat complicated”. Alexis Meyer (IMF representative) says that […]
Mozambican state revenues increase by 7.9% to 3.408 ME in September
The Mozambican state’s current revenue grew by 7.9% until September, to 232,483 million meticais (3,408 million euros), driven by the increase in tax collection, according […]
Mozambique expects 62.5 ME in tax revenues from natural gas in 2024
The Mozambican State expects to receive 4,268 million meticais (62.5 million euros) in tax revenue from natural gas next year, according to Government figures available […]
Cost of servicing Mozambique’s debt rises 18% in 2024 to 1,712 ME
Mozambique’s debt servicing costs will grow by 18% in 2024, to more than 116,631 billion meticais (1,712 million euros), according to Mozambican Government figures. According […]