Month: March 2022

CAIRO, March 23 (Reuters) – Egypt has asked for the International Monetary Fund’s support to implement a comprehensive economic programme, the IMF said on Wednesday. Continued exchange rate flexibility would be essential to absorb external shocks, it said in a statement. The IMF is working closely with Egyptian authorities to prepare for discussions with a […]

Royalty payments due the Government of Ghana from non-gold minerals such as manganese, salt, limestone and quarrying activities are set for an upturn due to an inter-agency collaboration framework and task force initiated by the Minerals Income Investment Fund (MIIF). The framework is part of the strategic thrust of MIIF to enhance the collection of royalties, expand the […]

The Electricity Company of Ghana, ECG has cut off power supply to some parts of the Kotoka International Airport. According to reports power was cut to Terminal 3 of the Kotoka international Airport and other offices of the Ghana Airports Company over unpaid bills. The Kotoka International Airport owes the Electricity Company of Ghana (ECG) to […]

Tackling illicit financial flows (IFFs) is a matter of survival for Africa’s development and must be treated with urgency. There is broad consensus that the funds being bled out of Africa, could be channeled towards the continent’s development if successfully retained. According to the Economic Development in Africa Report 2020PDF by the UN Conference on Trade and […]