Despite pressure on Rwanda’s finances brought on by ongoing global shocks linked to the prolonged impact of the Covid-19 pandemic, the war in Ukraine, and the appreciation of the US dollar, Rwanda has successfully repaid its $400 million Eurobond. The whole payment, which was due this week, was successfully completed, […]

Parliament has approved a total of $710 million in an emergency sitting today. MPs were summoned from the Easter break purposely for the 7 loan agreements some of which have been outstanding since last year. The facilities are US$60.6 million as a third additional financing for the Ghana Covid-19 Emergency […]

The Director-General of the  World Trade Organisation (WTO) Dr. Ngozi Okonjo-Iweala, has hinted that the organization is introducing a waiver that will encourage the manufacturing of COVID-19 vaccines in Africa in the next years. During deliberations with the Trade Minister, K T Hammond yesterday, Dr. Ngozi Iweala touched on several […]

The management of the KGL Technology Limited, a subsidiary of the KGL Group, has appealed to the Government of Ghana to review the imposition of the new: 20% Income tax on the “Gross Gaming Revenue” of lottery, betting and gaming companies.And 10% Withholding Tax on winnings from lottery, betting and […]

Vice President Dr. Mahamudu Bawumia has said one of the setups African countries face in their attempt to transform their economies is the lack of data and transparent systems. According to him, most countries in the African continent take decisions in the governance and management of their economies without any […]