The Director-General of the Nigerian Safety Investigation Bureau (NSIB), Capt. Alex Badeh, has raised alarm over the possible negative impact of the newly passed Internally Generated Revenue (IGR) tax law …
Government Policy
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AviationEconomyGovernment PolicyMaritimeNigeriaPublic SafetyRegulationTransportation
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The Copyright Society of Malawi (COSOMA) has given a major financial boost to the country’s creative industry, disbursing K190 million in grants to help local artists take their work to …
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Community DevelopmentGovernment PolicyLawNewsPublic ServicesRwandaSecurity
Minister Habimana Tells New DASSO Officers: “Uphold Discipline and Serve with Pride”
The Rwandan Minister of Local Government, Dominique Habimana, has called on newly graduated officers of the District Administrative Security Support Organ (DASSO) to maintain high levels of discipline, professionalism, and …
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BankingBusinessDevelopmentFinanceGovernment PolicyNews
Rwanda Sets Up Committee to Oversee BDF Transition
The Government of Rwanda has created a national oversight committee to guide the process of merging the Business Development Fund (BDF) into the Development Bank of Rwanda (BRD). The Ministry …
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Banking, Finance & InvestmentBusinessCapital MarketGovernment Policy
RBM Extends Capital Markets Plan
The Reserve Bank of Malawi (RBM) has extended its five-year capital markets development plan by one more year after falling short of several major targets due to tough economic conditions …
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The Government of Malawi says it will maintain a fixed exchange rate in the short term despite pressure to adopt a unified market rate. Authorities believe keeping the rate stable …
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DevelopmentEconomyGovernment PolicyOil & GasPublic Finance
Tinubu Orders Review of Revenue Deductions by NNPC, FIRS, Customs, NIMASA and Others
President Bola Ahmed Tinubu has ordered a full review of revenue deductions and retention practices by Nigeria’s major federal revenue-earning agencies. The directive was made public by the Minister of …
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BusinessFinanceGovernment PolicyInfrastructurePublic Sector
Nigeria Clears Power Sector Arrears with ₦4 Trillion Debt Refinancing Plan
The Federal Government has approved a ₦4 trillion debt refinancing plan for Nigeria’s power sector, a move aimed at clearing long-standing arrears owed to power generation companies and improving electricity …
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EconomyEgyptGovernment PolicyINVESTMENTReal EstateUncategorizedUrban Development
Egypt Defends Move to Offer Unused State Lands for private Investment
Egypt’s Prime Minister Mostafa Madbouly has defended his government’s decision to offer unused state-owned lands for investment in partnership with the private sector, insisting that the initiative is about unlocking …
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BusinessEconomyEgyptGovernment PolicySmall BusinessTaxation
Egypt Makes Simplified Tax System a Permanent Support for Small Businesses
Egypt has taken a big step to ease the tax burden on small and micro-enterprises by making its simplified tax system a permanent feature of the country’s business environment. The …