The Cinema Exhibitors Association of Nigeria (CEAN), the country’s premier Film Trade Association Body, has announced good news for cinema lovers on the occasion of the International Cinema Day. Opeyemi Ajayi, the chairman of the Cinema Exhibitors Association of Nigeria (CEAN), said in a statement on Tuesday in Lagos that cinema lovers would enjoy discounted […]
Fitch Ratings and Moody’s Investor Services warned on Friday that the country risked going over a fiscal cliff following Finance Minister Tito Mboweni’s Supplementary Budget last week, which left both rating agencies unimpressed. Fitch said the government’s intention to stabilise debt levels within four years was unlikely to be achieved. Fitch’s head of Middle East […]
The South African government target to stabilise its ballooning debt by 2023 will be very difficult to achieve and unlikely, ratings agency Moody’s said on Thursday. The Treasury on Wednesday presented a supplementary budget in response to the coronavirus crisis that projected a wider budget deficit, while public debt was estimated to be more than […]
Kenya Revenue Authority plans to enhance debt recovery to help it meet its revenue collection targets. KRA’s Commissioner for Domestic Taxes, Elizabeth Meyo has asked the staff to focus on pending bills, non-compliant suppliers/withholding agents/importers, and dispute resolution mechanisms to meet the targets. Meyo said that the authority collected Sh 24.73 billion in June this […]
Egypt has called for African countries to be exempt from paying debt interests bilaterally and multilaterally due to the worldwide spread of the novel coronavirus, Permanent Representative to the United Nations Office at Geneva (UNOG) Ambassador Alaa Youssef said on Saturday. In an online seminar discussing the pandemic’s economic implications, Youssef said that exempting debt […]