Government has witnessed a significant increase in revenue generated from the country’s downstream petroleum sector due to the improved monitoring of in-flows and out-flows at the various oil marketing company depots nationwide. Within a period of ten months, the monitoring service being provided by a private revenue assurance firm; Strategic Mobilization Ghana Limited, SML, raked

The African Development Bank is set to launch a comprehensive five-year Strategy for Economic Governance in Africa (SEGA). This was disclosed by AfDB in a statement seen by Nairametrics. According to AfDB, the strategy will serve as the Bank’s operating manual for fostering public sector effectiveness at national and sub-national levels by stimulating structural transformation

The Speaker of Parliament Alban Bagbin is on a collision course with President Akufo-Addo over his decision to slash budget estimates for the Judiciary and the Legislature. Alban Sumana Bagbin during the presentation of the 2021 budget statement last Friday directed the Interim Finance Minister Osei Kyei-Mensah-Bonsu and the Vice President Dr Mahamudu Bawumia, who

Professor of economics at the Institute of Statistical, Social and Economic Research (ISSER), Professor Peter Quartey has stated that the establishment of the National Development Bank will have no positive impact on the growth of the economy if government fails to apply proper business management in its operations. The establishment of the bank which has

The teams focused their efforts on a few of the highest-value S&OP levers in order to review the current planning process, identify gaps in the planning infrastructure and analytically understand demand and supply variability.

A former Deputy Minister of Finance Mona Quartey has asked the Ministry of Finance to release data on the Annual Budget Funding Amount (ABFA) to the Public Interest and Accountability Committee (PIAC). This comes after the ministry has, for the fourth time, failed to release data on the ABFA to PIAC to enable the body

As Nigeria braces to receive the e-Naira, which is set to be launched by the Central Bank of Nigeria (CBN) on October 1, 2021, many are starting to inquire about the security of this new digital currency and if it is vulnerable to hackers. Nairametrics reviewed publications from the Central bank of Canada and interviewed

The Ranking Member of Parliament’s Finance Committee, Dr. Ato Forson, has warned that the minority in parliament will not support the approval of the 2021 budget statement because the government has been “insensitive” and continues to misreport public debt figures. Contributing on the floor of the house during the debate on the budget, Dr. Forson stated

The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation  with Mauritius. While the pandemic has hit the Mauritian economy hard, the authorities have been successful in containing the virus and mitigating the economic impact of the crisis. With tourism halted, real GDP contracted by 15 percent in 2020, and the

Cryptocurrencies have been tipped to revolutionalize remittances to developing countries as they promise lower service fees than cash transfers. Experts at Trust Payments hold that apart from lower fees, cryptocurrencies, as a means of money transfers across borders, has other advantages over cash. The advantages include the fact that cryptocurrencies are decentralize money, provide better