May 9
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Only Half of Dawasa Wells Working - Survey
Daily News
A PERFORMANCE audit of water wells under the Dar es salaam Water and Sewerage Authority(DAWASA) has found out that 80 out of 147 wells are working to full capacity. Read more »
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Countries Explore Sales of Nonfinancial Assets to Help Reduce Debt [press release]
IMF
Governments across the world are exploring whether they could use their nonfinancial assets, such as land and buildings, to help ease their deficit and debt burdens. Yet according... Read more »
May 8
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Ethiopia-Kenya Power Line to Be Funded By World Bank, AfDB
Ethiopia Government
The World Bank and African Development Bank are set to provide 80 percent of the finances needed for the construction of the Ethio-Kenya power transmission line. Read more »
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Public Debt Management Series Seminar Underway
Daily Observer
A 10-day workshop on public debt management series III, risk analysis and review of the medium-term debt strategy commenced Monday at the conference hall of the National Nutrition... Read more »
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Finance DPS Opens Public Debt Management Wokshop
Foroyaa
The Deputy Permanent Secretary of the Ministry of Finance and Economic Affairs, Mr. Mod Ceesay, has said that the past decade has witnessed significant global economic challenges... Read more »
May 7
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Helb Announces a Months Amnesty for Loanees
The Star
All penalties will be waived for any individual loanee who will pay their outstanding loan to the Higher Education Loans Board in lump sum. The amnesty will run from the 6th of May... Read more »
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Berseba Water Supply Cut Over Debt
New Era
About 9 000 customers, including essential services, in the Berseba Constituency are without water after the bulk water supplier Namwater disconnected the water supply to the... Read more »
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The Herald
RIOZIM Limited, already groaning under a US$91 million liability, will later this month ask shareholders to approve a total of US$17 million in debts taken above its borrowing... Read more »
May 6
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New Dawn
The Liberian Government through the Ministry of Finance has sharply reacted to criticism from the Congress for Democratic Change (CDC) that the Sirleaf administration was walloping... Read more »
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Treasury Bets On Stable Rates to Cut Debt Costs
The Star
The National Treasury has forecast stable interest rates over the next three budget years, which will translate into reduced interest costs on government's domestic borrowing. Read more »
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Is the Country's Domestic Debt Becoming "Odious"?
Daily Trust
On March 19, 2012, I was privileged to be the moderator at a book presentation at the Brookings Institution in Washington DC where I was a Visiting Scholar. The book, Africa's... Read more »
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The Herald
The Supreme Court on Friday stopped Pioneer Motor Company from auctioning Zupco's immovable property in Highlands, Harare over a US$763 000 debt. PMC delivered 50 Scania buses to... Read more »
May 3
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New Dawn
The Government of Liberia is said to be sinking in huge debts that slow down major development programs, the Deputy Secretary General of the Congress for Democratic Change has... Read more »
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AG Puts Up Weak Defence in Judgement Debt Cases
Ghanaian Chronicle
The Commission on Judgment Debt, on Tuesday, expressed disappointment at the weak defence the Attorney General's Department put up in a case relating to the payment of compensation... Read more »
May 1
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Hwange - Forensic Auditors Called in
The Herald
HWANGE Colliery Company has engaged forensic auditors to investigate its historical debts of about US$30 million, chairman Mr Farai Mutamangira has said. Read more »
April 30
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PM Lauds Inflation Downturn, While Debt Increases
Addis Fortune
Reporting to the Parliament about his administration's nine month performance report, Prime Minister Hailemariam Desalegn pointed out that inflation has been tamed to single... Read more »
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CNPP Raises Alarm Over Rising Debt Profile
Vanguard
CONFERENCE of Nigerian Political Parties (CNPP), Monday, expressed concern over the country's rising debt profile, in spite of unprecedented revenue being raked from oil and gas,... Read more »
April 29
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CNPP Raises Alarm Over Nigeria's Rising Debt Profile
Premium Times
Coalition of opposition parties says President Goodluck is returning the country to debt despite huge revenue. Read more »
April 26
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UK Foreign Secretary William Hague in Mogadishu
Ethiopia Government
Somali Prime Minister Shirdon welcomed British Foreign Secretary William Hague to Mogadishu on his second visit to the Somali capital on Thursday (April 25th) and congratulated him... Read more »
April 25
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Sudan Says Some Countries Proposed a Debt Relief Conference
Sudan Tribune
The Sudanese finance and national economy minister Ali Mahmood Abdel-Rasool disclosed today that his country received an "international proposal" to organize a conference that... Read more »
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Executive Analyses Juridical Regime for Public Debt Management
ANGOP
The Angolan Cabinet Council, gathered last Wednesday in Luanda, analysed deeply aspects relating to the creation of the Capital Market, namely the Draft Law on the Juridical Regime... Read more »
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The Star
Mombasa county is in a 2.8 billion shilling debt. The debt was left behind by the defunct city council. Governor Hassan Joho is appealing to the central government to intervene and... Read more »
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Corrupt Angola-Russian Debt Deal Exposed [analysis]
OSISA
A group of Angolan anti-corruption campaigners is taking legal action in Switzerland and Angola over a corrupt deal that robbed their country of over US$700 million -- and diverted... Read more »
April 24
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Students Accused of Getting Double Loans
Daily News
THE Zanzibar Ministry of Education has said that students seeking for higher education are not allowed to get loans from both the isles and union loan boards. Read more »
April 23
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Tanzania Parliament Pressures Govt to Re-Pay Pension Fund
Sabahi
Tanzania's parliamentary committee on economy, industries and commerce has called on the government to repay the almost 6.5 trillion shillings ($4 billion) it owes the Public... Read more »
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