Debt burden stifles development spending in Africa's poorer countries

19 november 2024 - 15:44:43
Addis Ababa, Ethiopia (PANA) - Africa’s rising debt burden is eroding funding for sustainable development in poor countries, impacting heavily [...] Full text...

thread Economy

IMF reaches staff-level deal with DRC on ECF, RSF for US$ 1.77 billion

14 november 2024 - 08:35:29
Kinshasa, DR Congo (PANA) – Authorities in the Democratic Republic of Congo (DRC) and a mission of the International Monetary [...] Full text...

thread Economy

Uncovering trade data gaps: Lessons from Madagascar and France: World Bank Blog By Siddhesh Kaushik and Sonja Mitikj

11 november 2024 - 07:21:13
Antananarivo, Madagascar (PANA) - Bilateral reporting asymmetries in international trade data have long influenced critical statistical measures, such as trade [...] Full text...

thread Economy

UN releases draft blueprint for new universal tax accord

18 august 2024 - 05:30:17
Geneva, Switzerland (PANA) - The global tax system needed reform, and the UN answered the call on Friday with a [...] Full text...

thread Economy

Bold fiscal reforms can unlock Cameroon’s full potential

06 august 2024 - 16:47:46
Yaoundé, Cameroon (PANA) -   The World Bank on Tuesday launched two flagship economic reports: the 2024 Cameroon Economic Update and [...] Full text...

thread Economy

IMF, Zambian officials discuss economic impact of current drought

09 may 2024 - 16:11:48
Lusaka, Zambia (PANA) - Zambian officials and the International Monetary Fund (IMF) staff have advanced technical work as part of [...] Full text...

thread Economy

New Senegalese president Faye pledges to uphold good governance

04 april 2024 - 06:22:22
Dakar, Senegal (PANA) – The President of Senegal, Bassirou Diomaye Faye, on Wednesday pledged to uphold good governance based on [...] Full text...

thread Politics

COP28: Applause at end of conference but not all are pleased

13 december 2023 - 13:36:03
Dubai, UAE (PANA) - Despite multiple rounds of applause inside the plenary of the COP28 in Dubai on Wednesday, not [...] Full text...

thread Environment

Zambia set to access $184 million in IMF financing

21 november 2023 - 10:18:19
Lusaka, Zambia (PANA) - Zambian authorities and the International Monetary Fund (IMF) team have reached a staff-level agreement on economic [...] Full text...

thread Economy

Comorian authorities, IMF staff reach deal on economic policies and reforms

02 november 2023 - 13:58:16
Moroni, Comoro (PANA) – The Comoros’ expected growth in 2023 reflects an ongoing rebound in economic activity, says the International [...] Full text...

thread Economy

Money laundering poses risk to financial sector stability: IMF Blog (By Pierre Bardin, Antoine Bouveret, Grace Jackson, Maksym Markevych)

06 september 2023 - 10:02:42
Washington DC, US (PANA) - Cross-border financial crime is here to stay. While people everywhere enjoy the convenience of a [...] Full text...

thread Economy

African countries generate €1.7 billion revenues from tackling tax evasion, illicit financial flows

08 july 2023 - 06:39:14
Cape Town, South Africa (PANA) - According to the 2023 Tax Transparency in Africa progress report, unveiled at the 13th [...] Full text...

thread Economy

Crypto poses significant tax problems which could get worse: IMF Blog

06 july 2023 - 07:52:05
Washington, DC, US (PANA) - Crypto assets that can be used as instruments of payment have proliferated into more than [...] Full text...

thread Economy

US flags opportunities, risks of gold trade across sub-Saharan Africa

28 june 2023 - 11:43:03
Washington, DC, US (PANA) - The US is flagging opportunities and risks associated with the gold trade in sub-Saharan Africa, [...] Full text...

thread Society

Mauritius, Guyana to sign Double Taxation Avoidance Agreement

10 june 2023 - 11:03:30
Port-Louis, Mauritius (PANA) – Mauritius will sign the Double Taxation Avoidance Agreement (DTAA) with the Government of the Co-operative Republic [...] Full text...

thread Economy

Mauritius to sign a new Double Taxation Avoidance Agreement (DTAA) with Botswana

18 march 2023 - 10:18:52
Port-Louis, Mauritius (PANA) - Mauritius will sign a new Double Taxation Avoidance Agreement (DTAA) with Botswana, the Government Information Service [...] Full text...

thread Economy

Mauritius to promulgate agreement to avoid double taxation with Angola

20 august 2022 - 10:00:52
Port-Louis, Mauritius (PANA) – The Double Taxation Avoidance Agreement (DTAA) signed between Mauritius and Angola would be promulgated, the Government [...] Full text...

thread Economy

UN trade body calls for halting cryptocurrency rise in developing countries

11 august 2022 - 05:28:58
Geneva, Switzerland (PANA) - The UN trade and development body, UNCTAD, has called for action to curb cryptocurrencies in developing [...] Full text...

thread Economy

Africa notches strong progress in building tax transparency, tackling illicit financial flows

21 june 2022 - 10:58:50
Nairobi, Kenya (PANA) - African countries’ requests for information for tax collection purposes rose 26% over the previous year, signalling [...] Full text...

thread Economy

Burundi, Israel, Turkey, Algeria agree to intensify cooperation

03 june 2022 - 16:14:33
Bujumbura, Burundi (PANA) - The Burundian Council of Ministers has adopted a series of bills aimed at intensifying cooperation with [...] Full text...

thread Politics

IMF team, Niger reach staff level agreement

18 may 2022 - 07:02:25
Washington, DC, US (PANA) - An International Monetary Fund (IMF) team and the Niger government have reached a staff-level agreement which  would [...] Full text...

thread Economy

Illicit financial flows at the heart of discussions at conference on revival of the African economy

14 may 2022 - 14:32:42
Dakar Senegal (PANA) - Illegal financial flows will be at the heart of the debate of the 54th Conference of [...] Full text...

thread Economy

Coronavirus: African finance ministers call for measures to tame bad publicity

03 december 2021 - 19:57:26
Pria, Cabo Verde (PANA) - African Ministers of finance have called for measures to deal with the bad publicity afflicting [...] Full text...

thread Economy

South African scientists detect new virus variant amid spike

25 november 2021 - 21:23:08
 Johannesburg-South Africa (PANA) - A new coronavirus (COVID-19) variant detected in South Africa by scientists is raising concerns due to [...] Full text...

thread Health

Television, radio stations closed down in Tunisia

27 october 2021 - 20:41:33
Tunis, Tunisia (PANA) - Three weeks after the television channel "Zitouna", close to the Islamist movement Ennahdha, two other stations, [...] Full text...

thread Society

Guterres urges ‘quantum leap in support’ for vulnerable nations

05 october 2021 - 05:09:59
New York, US (PANA) - Recovery from the COVID-19 pandemic must be sustainable and inclusive, Secretary-General António Guterres said in [...] Full text...

thread Economy

Coronavirus: IMF support focuses most where it matters the most

14 august 2021 - 10:21:06
Washington, DC, US (PANA) - Differences in vaccine access, and the ability to deploy policy support are creating ‘a growing [...] Full text...

thread Economy

Tunisian president declares war on corruption, tax evasion

29 july 2021 - 11:51:24
Tunis, Tunisia (PANA) - Five days after he suspended Parliament, dismissed the Prime Minister and took the head of the [...] Full text...

thread Politics

IMF reaches staff level deal with Cameroon on new economic support arrangements

28 may 2021 - 10:44:49
Yaoundé, Cameroon (PANA) – Cameroon has shown resilience in the face of the COVID-19 pandemic, but still faces significant challenges, [...] Full text...

thread Economy

African countries show significant progress on tax transparency – 2021 Tax Transparency report

27 may 2021 - 14:43:01
Abidjan, Cote d’Ivoire (PANA) - African countries strengthened their ability to recover funds held offshore, directly boosting national tax revenues, [...] Full text...

thread Society

Mauritius to promulgate DTAA agreement with Lesotho

15 may 2021 - 08:13:11
Port-Louis, Mauritius (PANA) – Mauritius would promulgate the Double Taxation Avoidance Agreement (Kingdom of Lesotho) Regulations 2021 soon, the Mauritian [...] Full text...

thread Economy

Former Tunisian presidential candidate arrested over tax evasion charge

24 december 2020 - 15:58:44
Tunis, Tunisia (PANA) - Former Tunisian presidential candidate in the 2019 election and head of Qalb Tounes (In the Heart [...] Full text...

thread Society

Despite covid-19, Rwanda realises 105% of its tax revenue targets for Q1, 2020/21

05 november 2020 - 18:44:15
Kigali, Rwanda (PANA) -  With a speedy return to business activities and an increase in tax collection during Covid-19 pandemic, [...] Full text...

thread Economy

Illicit capital robbing Africa and its people of their future: UNCTAD Chief

29 september 2020 - 06:30:00
New York, US (PANA) - Every year, an estimated $88.6 billion, which is equivalent to 3.7% of Africa’s GDP, leaves [...] Full text...

thread Economy

Gambia: OFAC targets Jammeh's wife, Nabah Ltd. for supporting corrupt persons

15 september 2020 - 17:25:33
Banjul, Gambia (PANA)- The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has targeted Zineb Souma Yahya [...] Full text...

thread Economy

Tunisian prime minister-designate presents programme of government

01 september 2020 - 22:30:15
Tunis, Tunisia (PANA) - Tunisian prime minister-designate Hichem Mechichi, in his inaugural address to parliament here Tuesday, painted a gloomy [...] Full text...

thread Politics

Congolese National Assembly ratifies law on prevention of tax evasion

27 june 2020 - 15:16:08
Brazzaville, Congo (PANA) - The National Assembly of Congo on Friday ratified in Brazzaville the bill authorizing the ratification of [...] Full text...

thread Economy

African countries making headway in tackling tax evasion, money laundering - Report

26 june 2020 - 18:33:00
Abidjan, Cote d'Ivoire (PANA) - African countries made great strides in strengthening commitments and capacity to achieve tax transparency and [...] Full text...

thread Economy

Zimbabwe President's ally and controversial businessman, John Bredenkamp, dies aged 79

19 june 2020 - 19:13:53
Harare, Zimbabwe (PANA) - Zimbabwe President Emmerson Mnangagwa's ally and controversial businessman, John Bredenkamp, has died, aged 79, from kidney [...] Full text...

thread Society

UNDP blames global anti-racism protests on inequality

11 june 2020 - 14:05:04
Bogota, Colombia (PANA) - The anti-racism demonstrations sweeping across the world reflects inequality, the UNDP has said. In a news dispatch, [...] Full text...

thread Economy

Coronavirus: Act now or risk ‘unimaginable devastation’ globally, warns UN chief

29 may 2020 - 05:19:05
New York, US (PANA) - Unless countries across the world act together now, the COVID-19 pandemic will cause “unimaginable devastation [...] Full text...

thread Economy

EU withdraws Tunisia from blacklist of tax havens

07 may 2020 - 23:10:14
Tunis, Tunisia (PANA)  - Tunisia was Thursday officially removed from the list of countries blacklisted by the working group of [...] Full text...

thread Economy

Collective evasion of 401 detainees from prison in western Libya

15 april 2020 - 21:55:07
Tripoli, Libya (PANA)  - Some 401 detainees in the prison of Sorman (West), including 384 men and nine women, escaped [...] Full text...

thread Society

Results from presidential election, US doubt on its transparency dominate Togolese media

01 march 2020 - 19:22:18
Lomé, Togo (PANA) – The results from the Togo presidential election, which gave victory to Faure Gnassingbé for a fourth, [...] Full text...

thread Press Review

European Parliament discusses "Luanda Leaks"

20 february 2020 - 17:33:43
Brussels, Belgium (PANA)-The "Luanda Leaks" scandal, revealed by the report of the International Consortium of Investigative Journalists, is on the [...] Full text...

thread Politics

Tunisian new Prime Minister announces his cabinet

20 february 2020 - 12:52:31
Tunis, Tunisia (PANA) - After intense negotiations with political parties, twists and turns and a suspense worthy of a Hitchcock [...] Full text...

thread Politics

Belgian firm issuing national ID cards in Gambia resumes business after resolution of tax dispute

13 february 2020 - 10:22:48
Banjul, Gambia (PANA) – A Belgian firm, which issues national documents in Gambia, has resumed operations following the resolution of [...] Full text...

thread Economy

Gambian govt urged to discontinue contract with Belgian company on national ID cards

11 february 2020 - 12:03:20
Banjul, Gambia (PANA) - Gambian MP, Madi M.K. Ceesay, on Tuesday urged the government to immediately discontinue the contract it [...] Full text...

thread Society

Rights group says mining companies must confront human rights violations

03 february 2020 - 10:59:25
Cape Town, South Africa (PANA) - As the world’s biggest mining investment conference begins in Cape Town, Amnesty International is asking [...] Full text...

thread Economy

Global Goals top General Assembly President’s priority list

14 january 2020 - 07:25:18
New York, US (PANA) - The President of the 74th session of the UN General Assembly on Monday set out [...] Full text...

thread Politics

Africa records significant losses in 10 years due to illicit capital flight - Senegalese expert

26 december 2019 - 19:58:27
Tunis, Tunisia (PANA)  - The African continent recorded between 2003 and 2014 significant losses due to the illicit flight of [...] Full text...

thread Economy

Africa is first victim of tax evasion, says Tunisian finance minister

27 november 2019 - 23:34:58
Tunis, Tunisia (PANA)  -  Africa is the first continent to record the largest illegal transfer of capital and the first [...] Full text...

thread Economy

Islamist Rached Ghannouchi elected new speaker of the Tunisian Parliament

14 november 2019 - 17:31:08
Tunis, Tunisia (PANA) - The president of the Tunisian Islamist party "Ennahdha", Rached Ghannouchi, was Wednesday elected new speaker of [...] Full text...

thread Politics

Tunisia: Kais Saied officially proclaimed President of the Republic

17 october 2019 - 13:00:09
Tunis, Tunisia (PANA) -  Tunisia's electoral body on Thursday officially declared Kais Saied as the new president following completion of [...] Full text...

thread Politics

Karoui congratulates Saied, winner of Tunisia's presidential results

14 october 2019 - 16:42:19
Tunis, Tunisia (PANA) - Almost 24 hours after the announcement of the results of Tunisia's presidential election, the runner up, [...] Full text...

thread Politics

The two candidates for Tunisian presidential election vote in Tunis

13 october 2019 - 14:19:13
Tunis, Tunisia (PANA)  -  The two candidates running in the second round of the early presidential election in Tunisia voted [...] Full text...

thread Politics

Tunisians elect new president on Sunday

13 october 2019 - 10:09:20
Tunis, Tunisia (PANA)   -   Tunisians, for the third time in less than a month, Sunday go to the polls for [...] Full text...

thread Politics

Mauritius removed from the gray list of tax havens

11 october 2019 - 17:15:42
Brussels, Belgium (PANA) - The European Union (EU) has decided to remove Mauritius from the gray list of tax havens, [...] Full text...

thread Politics

Detained Tunisian Presidential Candidate, Nabil Karoui, released

09 october 2019 - 17:42:06
Tunis, Tunisia (PANA) - The Tunis Court of Cassation on Wednesday ordered the "immediate" release of presidential candidate, Nabil Karoui, [...] Full text...

thread Politics

Tunisia: ISIE rejects request for postponement of second round of the presidential poll

09 october 2019 - 12:21:04
Tunis, Tunisia (PANA) -Tunisia's Independent High Authority for Elections (ISIE) has rejected a request to postpone the second round of [...] Full text...

thread Politics

Tunisian presidential candidate, Kais Saied, vows not to campaign for second round

05 october 2019 - 13:38:20
Tunis, Tunisia (PANA) - Faced with the controversy caused by the continued imprisonment of his opponent, Nabil Karoui, the leading [...] Full text...

thread Politics

Electioneering campaign for second round of the Tunisian presidential election launched

03 october 2019 - 16:38:58
Tunis, Tunisia (PANA) - The electioneering campaign for the second round of the presidential election in Tunisia began on Thursday [...] Full text...

thread Politics

Tunisia: ISIE must go on with the electoral process, despite..... - Electoral umpire

02 october 2019 - 19:28:59
Tunis, Tunisia (PANA) - Tunisia's Independent Higher Electoral Commission (ISIE) can neither cancel nor postpone the second round of the [...] Full text...

thread Politics

Tunisian Electoral body warns against the consequences of keeping candidate Nabil Karoui in prison

02 october 2019 - 18:21:07
Tunis, Tunisia (PANA) - In the wake of the rejection by the judiciary of a new request for the release [...] Full text...

thread Politics

Tunis Chamber of accusation rejects request to release second round presidential candidate Nabil Karoui

01 october 2019 - 23:47:44
Tunis, Tunisia (PANA)  -  The public prosecutor of the Tunis Court of Appeal Tuesday rejected a request to release the [...] Full text...

thread Politics

Confusion reigns in Tunisia before second round of presidential election

28 september 2019 - 15:10:56
Tunis, Tunisia (PANA) - The political situation in Tunisia remains confused and tormented, marked by the continued detention of the [...] Full text...

thread Politics

Tunisian Judge rejects request for provisional release of detained presidential candidate

19 september 2019 - 13:53:48
Tunis, Tunisia (PANA) – A renewed request for provisional release Nabil Karoui, presidential candidate of 'Kalb Tounes' party who came [...] Full text...

thread Politics

Kais Saied leading Tunisian presidential poll with 19% of counted votes

17 september 2019 - 14:03:03
Tunis, Tunisia (PANA) – Independent candidate Kais Saied remains on top of the first round of Sunday’s early presidential election [...] Full text...

thread Politics

Senior Mali agriculture official arrested for embezzlement of public funds

16 september 2019 - 11:54:22
Bamako, Mali (PANA) - The Chairperson of the Malian Permanent Assembly of the Chambers of Agriculture (APCAM), Bakari Togola, has [...] Full text...

thread Society

Tunisians vote Sunday to elect new president

15 september 2019 - 11:28:12
Tunis, Tunisia (PANA) - Tunisian voters went to the polls on Sunday to elect a new president for the next [...] Full text...

thread Politics

Tunisia holds first ever televised debate for presidential candidates

08 september 2019 - 18:29:10
Tunis, Tunisia (PANA) – For the first time in Tunisia and the Arab world, a three-day televised debate is being [...] Full text...

thread Politics

Tunisia: Supporters of candidate Nabil Karoui denounce his non-release from jail

04 september 2019 - 19:22:53
Tunis, Tunisia (PANA) - Close associates of Nabil Karoui, candidate for the presidential elections scheduled in Tunisia on September 15, [...] Full text...

thread Politics

Request for release of Tunisian presidential candidate Nabil Karoui rejected

03 september 2019 - 22:38:01
Tunis, Tunisia (PANA)   -   The Tunis Court of Appeal Tuesday rejected a request by lawyers of Nabil Karoui, media owner [...] Full text...

thread Politics

Tunisia election campaign begins under tense atmosphere

02 september 2019 - 13:32:28
Tunis, Tunisia (PANA) - Campaign for Tunisia's presidential election on 15 September, which pits 26 candidates, started on Monday amid [...] Full text...

thread Politics

Electoral body approves 26 candidates for Tunisian presidential race

31 august 2019 - 18:53:21
Tunis, Tunisia (PANA) - The Tunisian electoral body announced on Saturday the final list of candidates allowed to participate in [...] Full text...

thread Politics

Controversy rages over the arrest of a presidential candidate in Tunisia

24 august 2019 - 17:59:02
Tunis, Tunisia (PANA) - The arrest on Friday of one of the main candidates in the presidential election is provoking [...] Full text...

thread Politics

Niger loses 11 billion CFA francs in two years from oil and gas fraud

17 august 2019 - 13:32:01
Niamey, Niger (PANA) –  The Nigerien Government has suffered losses of 11 billion CFA francs in the export and transit [...] Full text...

thread Economy

Mauritius, Southern African officials discuss effective customs intelligence exchange

14 august 2019 - 18:59:50
Port-Louis, Mauritius (PANA) - The 16th Administrative Meeting of the National Contact Point for the World Customs Organisation (WCO) Regional Intelligence [...] Full text...

thread Economy

African intelligence and security services chiefs meet in Nigeria

19 july 2019 - 06:11:56
Abuja, Nigeria (PANA) – Nigeria’s President Muhammadu Buhari on Thursday declared open the 16th Ordinary Session of the Committee of [...] Full text...

thread Society

Franco-Cameroonian comedian Dieudonné performs in Belgium

08 july 2019 - 16:16:28
Brussels, Belgium (PANA) - Franco-Cameroonian comedian Dieudonnute; Bala, after a brush with the police, managed to perform at a small [...] Full text...

thread Culture

After surviving prosecution, Kenya's Deputy Chief Justice on the ropes again

27 june 2019 - 14:13:00
Nairobi, Kenya (PANA) - Two months after she survived prosecution over allegations that she was involved in irregular sale and [...] Full text...

thread Social

Transparency International Zimbabwe says corruption now a massive tax burden on business

25 june 2019 - 17:08:15
Harare, Zimbabwe (PANA) - Transparency International Zimbabwe (TIZ) says corruption has now become a massive tax burden on the private [...] Full text...

thread Economy

Illegal aliens in DR Congo get 2-month ultimatum to regularize their stay

26 may 2019 - 19:58:34
Kinshasa, DR Congo (PANA) - The Directorate General of Migration (DGM) has given a two-month ultimatum to foreign nationals illegally [...] Full text...

thread Politics

Kenyan oil trader charged in Tanzania over US$3.5m tax evasion

23 may 2019 - 18:00:14
Dar es Salaam, Tanzania (PANA) - A Kenyan oil trader has been arraigned before a Dar es Salaam court to [...] Full text...

thread Economy

Kenya Chief Justice bans hoods, scarfs, dark glasses in court

18 may 2019 - 10:54:55
Nairobi, Kenya (PANA) - Kenyan Chief Justice David Maraga has banned the wearing of dark glasses and hoodies by suspects [...] Full text...

thread Society

Former Cameroonian Finance minister and ex-DG of Radio and Television sent to jail

20 march 2019 - 13:41:39
Yaoundé, Cameroon (PANA) - The Special Criminal Court (TCS) in Yaoundé has sentenced former Finance minister Polycarpe Abah Abah and [...] Full text...

thread Society

Africa loses at least US$50 billion annually to illicit financial flows

12 march 2019 - 18:48:17
Dakar, Senegal (PANA) - At least 50 billion US dollars leave Africa as illicit financial flows every year, the President [...] Full text...

thread Economy

'Tunisia loses US$4.05 billion to tax evasion'

23 december 2018 - 18:02:07
Tunis, Tunisia (PANA) - Tax evasion in Tunisia causes the country to lose 50% of its revenues estimated at 12 [...] Full text...

thread Economy

UN chief outlines importance of international financial cooperation for sustainable dev't

14 october 2018 - 09:32:30
Bali, Indonesia (PANA) - United Nations Secretary-General António Guterres has called for a surge in investment, long-term financing and global [...] Full text...

thread Economy

Pervasive corruption costs $2.6 trillion, says UN chief

11 september 2018 - 05:36:39
New York, US (PANA) - Corruption is present in all countries, “rich and poor, North and South, developed and developing”. [...] Full text...

thread Economy

‘Wind blowing in the direction of peace’ in Africa - Guterres

10 july 2018 - 05:58:33
Addis Ababa, Ethiopia (PANA) - Recent developments in Africa indicate that the continent is increasingly moving in the “direction of [...] Full text...

thread

Improving taxation to finance Uganda’s development

15 may 2018 - 18:40:35
Kampala, Uganda (PANA) - Uganda’s economy is expected to grow at 5.5 percent this year, rising above 6 percent all [...] Full text...

thread Economy

Top UN officials urge breakaway from ‘short-termism’

24 april 2018 - 05:49:19
New York, US (PANA) - The United Nations will support countries’ path to sustainable development by brokering partnerships, pursuing innovative [...] Full text...

thread Economy

Mali, UAE sign cooperation agreements

07 march 2018 - 11:49:19
Bamako, Mali (PANA) - Mali and the United Arab Emirates on Tuesday signed several cooperation agreements during the visit to [...] Full text...

thread Politics

UN closer than ever to a dev't system that is ‘fit for purpose’ - Guterres

28 february 2018 - 06:43:11
New York, US (PANA) There are serious threats to the 2030 Agenda for Sustainable Development and the United Nations, especially [...] Full text...

thread Economy

UN, partners urge efficient national tax systems

17 february 2018 - 05:12:07
New York, US (PANA) - Countries need to strengthen the effectiveness of their tax regimes to unleash much-needed domestic resources [...] Full text...

thread Economy

Gambia, a corridor of illicit financial activities - Report

07 february 2018 - 15:16:34
Banjul, Gambia (PANA) - The Gambia is one of the leading tax havens in Africa, the Tax Justice Network has [...] Full text...

thread Economy

Guterres lauds AU-UN partnership at AU Summit

28 january 2018 - 16:20:07
Addis Ababa, Ethiopia (PANA) – Hailing the partnership between Africa and the United Nations as “solid, and grounded on sound [...] Full text...

thread Politics

Former Rwandan publisher released from prison

05 january 2018 - 15:47:15
Kigali, Rwanda (PANA) - Former publisher of the weekly Rwanda Focus, Shyaka Kanuma, has been released from prison after serving [...] Full text...

thread Society

Kicking off ‘Africa Week’ at UN, Guterres says women, youths can unleash continent’s potential

16 october 2017 - 20:10:16
New York, US (PANA) – Africa must focus on young people, empower women and girls, and be innovative in leveraging [...] Full text...

thread Politics

Switzerland: UN expert urges Switzerland to do more keep ‘dirty money’ at bay

04 october 2017 - 22:45:51
Geneva, Switzerland (PANA) – Highlighting the problems posed by illicit financial flows globally, including undermining rule of law and human [...] Full text...

thread Economy

Tunisia: Tunisian Central Bank unveils report on high-level of financial corruption

05 august 2017 - 19:54:47
Tunis, Tunisia (PANA) - The Tunisian Central Bank on Saturday published a damning report, detailing the high level of financial [...] Full text...

thread Economy

Botswana: France, Botswana sign double taxation avoidance agreement

31 july 2017 - 15:51:58
Gaborone, Botswana (PANA) – Botswana’s finance minister, Kenneth Matambo, has applauded the double taxation avoidance agreement signed between Botswana and [...] Full text...

thread

Spain: IMF chief urges collaboration to fight money laundering, terrorist financing

22 june 2017 - 18:47:38
Valencia, Spain (PANA) - As terrorism becomes more pervasive in societies, it is a collective responsibility of all nations to [...] Full text...

thread Economy

Tanzania: Three African countries committed to meet EITI standard

28 may 2017 - 10:27:47
Dar es Salaam, Tanzania (PANA) - At a recent meeting in Bogotá, Colombia, the Extractive Industries Transparency Initiative (EITI) board [...] Full text...

thread Economy

Ghana: IMF lauds 'promising' initial economic steps of new Ghana government

14 april 2017 - 17:42:43
Accra, Ghana (PANA) - The International Monetary Fund (IMF) said the initial steps of Ghana's new government on the economy [...] Full text...

thread Economy

Rwanda: Former Rwandan publisher put under 30-day pre-trial detention

16 january 2017 - 16:31:46
Kigali, Rwanda (PANA) - A Rwandan court on Monday placed former publisher of Rwanda Focus weekly under a 30-day pre-trial [...] Full text...

thread Society

Rwanda: Prosecutor seeks preventive detention of Rwandan publisher on tax evasion charge

11 january 2017 - 15:32:57
Kigali, Rwanda (PANA) - Rwanda's public prosecutor on Wednesday asked the Intermediate Court of Gasabo in Kigali to put put [...] Full text...

thread Society

Tanzania: IMF Board advises Tanzania to ease current monetary policy

10 january 2017 - 13:22:03
Dar es Salaam, Tanzania (PANA) - Satisfied with Tanzania’s strong macroeconomic performance, the International Monetary Fund (IMF) Executive Board has [...] Full text...

thread Economy

Rwanda: Rwanda journalist arrested for tax evasion

03 january 2017 - 13:22:58
Kigali, Rwanda (PANA) - A Rwandan journalist has been arrested for evasion of tax after the Rwanda Revenue Authority (RRA) [...] Full text...

thread Society

Gambia: Wife of jailed Gambian opposition politician wants Yahya Jammeh investigated

04 december 2016 - 05:45:29
Banjul, Gambia (PANA) - In her first reaction to the change of government in the Gambia, Mrs. Nymuna Ndure-Darboe, wife [...] Full text...

thread Politics

Kenya: African experts discuss strategies to stem massive financial outflows

22 november 2016 - 17:57:57
Nairobi, Kenya (PANA) - Financial experts, analysts and lawyers from around Africa met in Nairobi Tuesday to discuss strategies to [...] Full text...

thread Economy

Nigeria: Nigeria approves bilateral air, tax pacts with Singapore, Qatar

16 november 2016 - 17:46:41
Abuja, Nigeria (PANA) – Nigeria's Federal Executive Council (FEC) on Wednesday approved a bilateral agreement with Singapore for the avoidance [...] Full text...

thread Economy

Ethiopia: ECA Executive Secretary Carlos Lopes steps down

29 september 2016 - 10:11:26
Addis Ababa, Ethiopia (PANA) - The UN Economic Commission for Africa (ECA) Executive Secretary Carlos Lopes has stepped down after [...] Full text...

thread Economy

Senegal: MFWA expresses worry over police brutality against journalists in Guinea

16 august 2016 - 15:41:58
Dakar, Senegal (PANA) – The Media Foundation for West Africa (MFWA) has said it is worried about ''the continued attacks [...] Full text...

thread Society

Kenya: Kenya plans new measures to stop multinational tax cheats

27 july 2016 - 15:28:02
Nairobi, Kenya (PANA) - Kenya is planning new measures to stop foreign multinational companies from evading the payment of tax [...] Full text...

thread Economy

Kenya: Kenyan imports slowdown hits revenue collection

27 july 2016 - 14:59:10
Nairobi, Kenya (PANA) - A drastic drop in Kenya’s import earnings hit the overall tax collection for the financial year [...] Full text...

thread Economy

Mauritius: 'Illicit tax transactions hindering fight against poverty' - Minister

13 july 2016 - 13:39:09
Port-Louis, Mauritius (PANA) – The Mauritian Education and Human Resources Minister, Mrs Leela Devi Dookun-Luchoomun, on Tuesday said that tax [...] Full text...

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Kenya: Kenya, India sign pacts on industrial development

11 july 2016 - 21:27:40
Nairobi,Kenya (PANA) - Indian Prime Minister Narendra Modi on Monday rounded a four-nation Africa visit in Kenya, with a pledge [...] Full text...

thread Economy

South Africa: Guesthouse owner defends Apartheid following racial spat

29 june 2016 - 18:13:48
Cape Town, South Africa (PANA) – South Africa has been rocked by yet another high-profile racial incident and the government [...] Full text...

thread Society

Mauritius: Stakeholders to work out plans to end illegal fishing in western Indian Ocean

14 june 2016 - 13:33:23
Port-Louis, Mauritius (PANA) - The 5th FISH-i Africa Task Force is meeting in Mauritius to work on a road map [...] Full text...

thread Economy

Nigeria: Nigeria implements open contracting principles data standard in fighting corruption

12 may 2016 - 17:08:17
Abuja, Nigeria (PANA) – Nigerian President Muhammadu Buhari on Thursday in London pledged that his country would soon begin the [...] Full text...

thread Society

WEF Africa: Oxfam calls for investment in human economy

11 may 2016 - 09:35:39
Kigali, Rwanda (PANA) - Africa's natural resources should be used to fund strategic investments in education, healthcare and small-scale agriculture [...] Full text...

thread Economy

UN: UN General Assembly President tasks rich nations on sustainable development

22 april 2016 - 15:07:13
New York, US (PANA) - Without a firm commitment for concerted action by the world’s richest nations, sustainable development [...] Full text...

thread Economy

UN: UN expert calls for end of financial secrecy to halt illicit fund flows

08 april 2016 - 20:27:53
New York, US (PANA) - In the wake of last week’s leak of a trove of confidential financial documents from [...] Full text...

thread Economy

UN: UN calls for political will to overcome inequality in countries

31 march 2016 - 13:11:38
New York, US (PANA) - UN Deputy Secretary-General Jan Eliasson has said inequality is a universal challenge faced by least-developed, [...] Full text...

thread Society

Nigeria: Int'l NGO moves to revive Africa's traditional system of dialogue for peace

17 february 2016 - 12:51:46
Abuja, Nigeria (PANA) - Worried by the troubling prevalence of violence and conflicts across the world, especially in Africa due [...] Full text...

thread Society

Rwanda: Rwandan journalist Mugisha released

04 february 2016 - 10:26:26
Kigali, Rwanda (PANA) - After several hours of interrogation by Rwandan police, Ivan Mugisha, who is the correspondent with the [...] Full text...

thread Society

Ethiopia: AU Commissioner warns of ‘silent financial crisis’ in Africa

27 january 2016 - 17:36:22
Addis Ababa, Ethiopia (PANA) - A “silent financial crisis” is sweeping across Africa, ignited by sluggish prices of major exports [...] Full text...

thread Economy

Tanzania: President Magufuli inaugurates Tanzania's 11th Parliament

20 november 2015 - 15:46:53
Dodoma, Tanzania (PANA) - Tanzanian President John Pombe Joseph Magufuli late Friday inaugurated the country's 11th Parliament pledging to form [...] Full text...

thread Politics

Kenya: African Caucus backs IMF, WB funding initiatives

03 september 2015 - 15:33:43
Nairobi, Kenya (PANA) - Those taking part in the meeting of the Group of African Ministers of Finance and Governors [...] Full text...

thread Economy

UN: Countries reach historic agreement to generate financing for SDGs

15 july 2015 - 22:34:57
New York, US (PANA) - Countries on Wednesday agreed on a series of bold measures to overhaul global finance practices [...] Full text...

thread Economy

Ethiopia: Kenyatta leads African push for foreign aid to poverty fight

14 july 2015 - 15:25:09
Addis Ababa, Ethiopia (PANA) - Kenyan President Uhuru Kenyatta has called on rich countries to commit resources to support poor [...] Full text...

thread Economy

Tanzania: OECD, UNDP assist developing countries to make tax audits more effective

14 july 2015 - 07:02:39
Dar es Salaam, Tanzania (PANA) - The Organization for Economic Cooperation and Development (OECD) and the UN Development Programme (UNDP) [...] Full text...

thread Economy

UN: UN member states to consider financing for post-2015 sustainable development agenda

21 april 2015 - 22:07:04
New York, US (PANA) - UN member states, on Tuesday in New York, began a four-day special session focusing on [...] Full text...

thread Economy

UN: UN chief urges efficient private sector funding for post-2015 development

09 april 2015 - 08:55:49
New York, US (PANA) - The international community needs a financial framework capable of confronting the multifaceted crises of the [...] Full text...

thread Economy

Tanzania: African CSOs urge AU leaders to quickly stop illicit financial flows

30 january 2015 - 07:17:05
Dar es Salaam, Tanzania (PANA) - As African leaders meeting in Addis Ababa, Ethiopia, for the 24th Ordinary Summit of [...] Full text...

thread Economy

Australia: TI to G20: "Stop corruption, close loopholes in the financial system to help the world’s poorest

10 november 2014 - 15:05:56
Brisbane, Australia (PANA) - An open letter, published for the attention of the Group of 20 biggest economies, has called [...] Full text...

thread Society

Tanzania: 'Sub-Sahara region remains strong, but needs attention to macroeconomic constraints'

21 october 2014 - 11:06:20
Dar es Salaam, Tanzania (PANA) - Growth trends in most of sub-Saharan Africa remain strong, driven by sustained infrastructure investment, [...] Full text...

thread Economy

Tanzania: IMF chief calls for action to strengthen global recovery

22 september 2014 - 07:39:40
Dar es Salaam, Tanzania (PANA) - Commending Group of 20 (G20) countries for significant progress in developing growth strategies to [...] Full text...

thread Economy

Mauritania: CSOs urged to play active role in management of extractive industries

04 september 2014 - 20:53:12
Nouakchott, Mauritania (PANA) – Mauritanian Civil Society Organisations (CSOs) have been urged to play a more active role in demanding [...] Full text...

thread Economy

Ethiopia: Newspaper decries lack of private media investors

02 august 2014 - 16:52:32
Addis Ababa, Ethiopia (PANA) - Ethiopia has been unable to attract private investors into its media industry because of various [...] Full text...

thread Press Review

Tanzania: Local dailies drop hints for the government

28 june 2014 - 08:49:49
Dar es Salaam, Tanzania (PANA) – Tanzania’s leading dailies this week reproved the executive on various fronts ranging from its [...] Full text...

thread Press Review

Angola: Cape Verde PM expected in Luanda

04 june 2014 - 18:07:28
Luanda, Angola (PANA) – The Cape Verdean Prime minister, Jose Maria Neves, was due in Luanda Wednesday for a two-day [...] Full text...

thread Politics

Zambia: Opposition urges govt. to scrutinise KCM debacle, taxation of mining sector

21 may 2014 - 17:58:06
Lusaka, Zambia (PANA) – The opposition United Party for National Development (UPND) says it is essential that government increases its [...] Full text...

thread Economy

Nigeria: Plunder of timber, fisheries holding Africa back - Report

08 may 2014 - 09:15:21
Abuja, Nigeria (PANA) - Africa’s rich natural resources offer a unique opportunity for a breakthrough in improving the lives of [...] Full text...

thread Society

Kenya: Qatar, Kenya sign key pacts

23 april 2014 - 15:11:55
Nairobi, Kenya (PANA) - In continuation of his State visit to Qatar, Kenya’s President Uhuru Kenyatta was received Wednesday by [...] Full text...

thread Economy

Niger: Govt. surpasses revenue-generation forecast

07 april 2014 - 16:19:34
Niamey, Niger (PANA) - President Mahamadou Issoufou of Niger on Monday said his government had mobilized, in just three years, [...] Full text...

thread Economy

Gambia: Govt. publishes ''white paper'' on tax commission's report

09 january 2014 - 14:53:48
Dakar, Senegal (PANA) – The Gambian government has published a ''white paper'' on the report of the Commission of Inquiry [...] Full text...

thread Economy

Sub-Saharan Africa Revenue Administrators Meet in Mauritius

28 october 2013 - 08:57:11
Pointe-aux-Piments, Mauritius (PANA) - About 30 revenue administration officials from the sub-Saharan Africa region are participating in a four-day seminar [...] Full text...

thread Economy

East, Southern Africa consult on stopping illicit cash outflows

17 september 2013 - 07:48:26
Addis Ababa, Ethiopia (PANA) - A two-day high-level meeting on illicit financial flows from Africa opens Thursday in Maputo, [...] Full text...

thread Economy

Kofi Annan says Africa must take the G20 seriously on tax reform

11 september 2013 - 18:43:10
Dar es Salaam, Tanzania (PANA) - African governments must take the G20 seriously on its word, to build on the [...] Full text...

thread Economy

Mbeki says extractive sector is crucial to Africa’s illicit cash outflows

30 august 2013 - 08:30:53
Addis Ababa, Ethiopia (PANA) – Africa’s extractive industries sector is central to the illicit outflow of money from the continent, [...] Full text...

thread Economy

Tanzanian dailies awash with stories on tax loopholes

22 june 2013 - 07:27:35
Dar es Salaam, Tanzania (PANA) – Tax payment, tax evasion and transparency in government spending caught the attention of Tanzanian [...] Full text...

thread Press Review

AfDB President hails G8 countries

17 june 2013 - 16:13:49
Dakar, Senegal (PANA) - Donald Kaberuka, the President of African Development Bank (AfDB), Monday hailed the G8 for its emphasis [...] Full text...

thread Economy

Africa’s high-level panel on illicit financial flows meets in Lusaka

17 june 2013 - 07:47:09
Addis Ababa, Ethiopia (PANA) - Over 60 delegates comprising key stakeholders from East and Southern Africa are meeting in the [...] Full text...

thread Economy

Report: ‘Africa a net creditor to the rest of the world’

29 may 2013 - 19:59:17
Marrakesh, Morocco (PANA) - A new joint report by the African Development Bank (AfDB) and Global Financial Integrity (GFI) reveals [...] Full text...

thread Economy

Economic emancipation should be priority for African leaders - Pres. Jonathan

07 may 2013 - 15:07:45
Lagos, Nigeria (PANA) - Having successfully liberated the continent from colonialism, racism and apartheid, African leaders must now give the [...] Full text...

thread Politics

Workshop on control of natural resources in Central Africa holds in Brazzaville

09 april 2013 - 14:41:32
Brazzaville, Congo (PANA) - A sub-regional workshop on the management and fiscal control of natural resources in Central Africa opened [...] Full text...

thread Economy

Nigeria loses US$566 million to tax evasion in auto industry

13 march 2013 - 11:03:32
Lagos, Nigeria (PANA) - Nigeria has lost over 90 billion naira (US$566 million) to tax evasion through gray market operations [...] Full text...

thread Economy

APRM report highlights challenges facing Tanzania's 50-year Union

27 january 2013 - 08:01:12
Addis Ababa, Ethiopia (PANA) - Despite Tanzania's strength in political stability and national unity, the East African country faces the [...] Full text...

thread Politics

Nigeria among top 20 money laundering nations - Report

14 december 2012 - 11:48:14
Lagos, Nigeria (PANA) - A new study by the US-based research and advocacy organisation, Global Financial Integrity (GFI), has placed [...] Full text...

thread Economy

Safaricom named Kenya's top tax payer

22 october 2012 - 16:31:12
Nairobi, Kenya (PANA) - Kenya's leading mobile phone communications firm, Safaricom, on Monday emerged the top tax payer in the [...] Full text...

thread Economy

Air Nigeria sued for alleged tax fraud, non-payment

21 june 2012 - 12:18:46
Lagos, Nigeria (PANA) - Nigeria's Federal Inland Revenue Service (FIRS) has filed charges of tax evasion and fraud against the [...] Full text...

thread Economy

Gambia's Revenue Authority chief arrested, charged

08 june 2012 - 16:45:59
Dakar, Senegal (PANA) – Bakary Sanyang, the Director General of Gambia's Revenue Authority (GRA), and ten others have been arrested [...] Full text...

thread Society

Gambian leader intensifies anti-corruption drive

08 june 2012 - 15:17:50
Dakar, Senegal (PANA) – The Gambian leader, Yahya Jammeh, has intensified his anti-corruption drive with a promise to deal with [...] Full text...

thread Society

Investments: Revised UN convention seeks to prevent double taxation

15 march 2012 - 08:49:48
New York, US (PANA) - The UN said it has updated a set of guidelines to prevent double taxation between [...] Full text...

thread Economy

Kikwete calls for uniform tax system in East Africa

11 november 2011 - 18:10:15
Nairobi, Kenya (PANA) - Tanzanian President Jakaya Kikwete on Friday called for the harmonization of the tax regimes in the [...] Full text...

thread Economy

UN Security Council commends ECOWAS on anti-piracy action

01 november 2011 - 14:51:19
New York, US (PANA) - The UN Security Council on Monday commended ECOWAS for planning to convene a summit at [...] Full text...

thread Society

UN report says criminals laundered US$ 1.6 trillion in 2009

25 october 2011 - 16:26:06
New York, US (PANA) - A new report by the UN Office on Drugs and Crime (UNODC), released on Tuesday, [...] Full text...

thread Society

Burundi’s tax revenue increases by 40%

29 august 2011 - 14:51:47
Bujumbura, Burundi (PANA) - Burundi's tax revenues have increased from 177 billion francs (about US$ 177 million) between January and [...] Full text...

thread Economy

Nigeria's opposition calls Judge's suspension 'hatchet job'

21 august 2011 - 15:49:29
Lagos, Nigeria (PANA) - Nigeria's main opposition Action Congress of Nigeria (ACN) party has accused the Nigerian Judicial Council (NJC), [...] Full text...

thread Society

Burundi gains sharp increase in tax revenue

05 may 2011 - 18:36:26
Bujumbura, Burundi (PANA) - Burundi received tax revenues estimated at US$ 123 million in the first quarter of this year, [...] Full text...

thread Economy

Nigerian media report passage of anti-money laundering bill, labour's threat over minimum wage, politics

05 march 2011 - 10:39:00
Lagos, Nigeria (PANA) - Tuesday's passage of the anti-money laundering Bill by the Senate, labour's no-minimum-wage, no-election threat, fascinating political [...] Full text...

thread Press Review

Former SA athletics boss banned

18 february 2011 - 12:47:01
Cape Town, South Africa (PANA) - Former Athletics South Africa (ASA) president Leonard Chuene was Friday banned from all sport [...] Full text...

thread Sports

Ghana clubs lift football suspension

13 december 2010 - 20:02:31
Accra, Ghana (PANA) – Ghanaian football clubs on Monday lifted their suspension of all football-related activities after the Ghana Football [...] Full text...

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Anti-corruption groups tell G20 to 'walk the talk'

13 november 2010 - 10:41:00
Accra- Ghana (PANA) -- The â?G20 Anti-Corruption Action Planâ? agreed in Seoul represents a major advance in the global fight [...] Full text...

thread Society

UK charity calls for end to tax anomalies in Tanzania

29 october 2010 - 18:56:00
Dar es Salaam- Tanzania (PANA) -- Christian Aid, a UK-based international development charity, on Friday called on the winner of [...] Full text...

thread Economy

UK charity seeks end of unfair tax anomalies in Tanzania

29 october 2010 - 16:07:00
Dar es Salaam- Tanzania (PANA) -- Christian Aid, a UK-based international development charity, Friday called on the winner of Sunday's [...] Full text...

thread Politics

Tax administrators' conference opens in Nigeria

11 october 2010 - 18:54:00
Lagos- Nigeria (PANA) -- The 31st edition of the Commonwealth Tax Administrators Conference (CATA) is underway in Abuja, the Nigerian [...] Full text...

thread Society

UN report: Africa's poorest countries tax more aggressively

06 july 2010 - 15:28:00
Addis Ababa- Ethiopia (PANA) -- Africaâ?s low income earning countries have a te ndency to introduce more indirect taxes to [...] Full text...

thread Economy

Kenya battles huge budget deficit to boost economic recovery

10 june 2010 - 15:32:00
Nairobi- Kenya (PANA) -- Kenyan Finance Minister Uhuru Kenyatta, managed to craft near-trillion shilling budget (US$ 12 billion), giving priority [...] Full text...

thread Economy

EAC posts increase in intra-regional trade

26 may 2010 - 08:41:00
Dar es Salaam- Tanzania (PANA) -- Efforts towards economic integration by member countries of the East African Community (EAC) have [...] Full text...

thread Economy

Tanzanian papers want reason to prevail on Nile water, fake motorbikes to go

22 may 2010 - 08:45:00
Dar es Salaam- Tanzania (PANA) -- The raging row over the sharing of the River Ni le waters by riparian [...] Full text...

thread Press Review

South Africa-Mexico Bi-National Commission meets

17 april 2010 - 18:57:00
Cape Town- South Africa (PANA) -- South Africa's International Relations and Coop eration Minister Maite Nkoana-Mashabane will co-chair the inaugural [...] Full text...

thread Politics

Mills' surprise visits, H1N1 spread get front-page treatment in Ghanaian n/paper

10 april 2010 - 09:04:00
s Accra- Ghana (PANA) â" One of the most visible -scenes in Ghanaian churches when members dance is to wave [...] Full text...

thread Press Review

Senegal to computerise tax administration

08 march 2010 - 23:13:00
Dakar- Senegal (PANA) -- Senegal's Tax and Excise Department is to computerise pr ocedures in an effort to better manage [...] Full text...

thread Economy

Global financial crisis: European MPs want EU, G-20 to help Africa

10 october 2009 - 18:17:00
Brussels- Belgium (PANA) -- The European Parliament on Friday called on the G-20 and European Union countries to join efforts [...] Full text...

thread Politics

Libya ratifies agreement with Switzerland on resolution of diplomatic row

28 august 2009 - 22:07:00
Tripoli- Libya (PANA) -- The Libyan government has ratified an agreement signed i n Tripoli with Switzerland on settling a [...] Full text...

thread Politics

Nigerian anti-drug body stinks, needs overhaul, insists Opposition AC

21 june 2009 - 11:54:00
Lagos- Nigeria (PANA) -- Nigeria's most vocal opposition political party, the Act ion Congress (AC), insisted on Sunday that the [...] Full text...

thread Society

Defiant Ethiopian journalist detained

29 may 2009 - 14:17:00
Addis Ababa- Ethiopia (PANA) -- Ethiopian radio journalist, Ameha Meleskachew, ha s been arrested and detained for using illegal electronic [...] Full text...

thread Society

Libya, Singapore sign cooperation agreements

08 april 2009 - 21:28:00
Tripoli- Libya (PANA) -- Libya and Singapore on Wednesday signed two agreements i n Tripoli on investment promotion and protection, [...] Full text...

thread Economy