[News24Wire] Since October 2016, 24 municipalities have been placed under administration, with 13 of these being placed under administration since June.
[Guardian] Accredited election observers have raised concern that further delay in release of the budget to fund 2019 general elections is a threat to Nigeria’s democracy.
[Vanguard] THE Federal Government, Friday, lamented poor funding of the Niger Basin Authority, NBA, by member countries as 37th Ordinary Session of the Council of Ministers meet over issues affecting the organisation’s performance.
[News24Wire] As South Africa prepares for a mid-term budget – due to be delivered in two weeks’ time – rumours are flying thick and fast about the fate of Finance Minister Nhlanhla Nene.
[The Herald] Government has reviewed tax for all electronic transactions from 5 cents per transaction to 2 cents per dollar with both monetary and fiscal authorities commending the new system, which now captures the entire previously untaxed $7,5 billion informal sector, as more progressive.
[Leadership] Economic experts have said Nigeria’s new Minister of Finance Mrs Zainab Ahmed should as a matter of necessity, make financing of the nation’s 2018 budget a topmost one in her list of duty, and ensure right deployment of available resources to the appropriate segments. Mrs Ahmed sits in a strategic position of the coordinator of the economy.
[Nation] Kisumu Girls High School has been closed indefinitely after students went on rampage and destroyed property.
[Guardian] Nigerian President Muhammadu Buhari signed the country’s budget of 9.12 trillion naira today on Wednesday.
[East African] Kenya has set a target of drilling over 200 more oil production wells that will pour forth up to 80,000 barrels of crude per day as the government eyes early petrodollars.
[Daily News] Dodoma -Finance and Planning minister Phillip Mpango yesterday proposed a raft of reforms aimed at the boosting industrial development.Particular focus is on protecting locally manufactured products and stimulating local production.