A methodology for calculating credit scores has been developed specifically for the Nigerian market by CRC Credit Bureau in partnership with the Fair Isaac Corporation. The credit ... Read more »
Mozambique has finalised charges against 20 people, including the son of former president Armando Guebuza, in connection with a U.S.$2 billion debt scandal that crippled the econ Read more »
The International Monetary Fund says the depreciation is due to factors like excessive borrowing, the use of foreign currency to pay for imported goods and services, currency ... Read more »
At least U.S.$81.27 billion is the state of Nigeria's current debt, with opposition Peoples Democratic Party leader Atiku Abubakar calling for an urgent redress of the situation ... Read more »
Economists say the country's public debt is projected to reach U.S.$18 billion or more than 50% of the country's GDP by the end of financial year 2022/23. This is attributed to ... Read more »
Taxes on imports and petroleum products and pay as you earn remittances will be the government's biggest revenue generators to fund the country's 2019/20 Financial Year budget. ... Read more »
Contributors to the increased national debt are the loans for development projects that include construction at the Julius Nyerere International Airport, the standard gauge railway ... Read more »
The new act wants to cap the public debt, and is apparently in line with regional trends. President Uhuru Kenyatta has signed three more trade agreements with China with a view to ... Read more »
The fate of Mozambique's former finance minister, Manuel Chang, now lies in the hands of the South African Minister of Justice, Michael Masutha, following the decision by a ... Read more »
Close to a dozen suspects, mostly from the previous administration of Armando Guebuza, have already been arrested for their alleged involvement in arguably the worst corruption ... Read more »
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