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…
Business: Runaway debt risks sending SA over a…
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…
Business: South Africa unlikely to stabilise debt by…
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…
Kenya: KRA to focus on debt recovery to…
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,…
Egypt asks to exempt African countries from paying…
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)…