Tag: Public Finance
-
Is KVF Facing a Leadership Crisis? Decoding the Ruto-Singapore Dream and the Controller of Budget’s Verdict
Overview: Rumors of KVF’s Leadership Crisis Affairs within any major public institution can become a focal point for political debate, especially when a government champion’s flagship projects collide with fiscal realities. In recent discussions, questions have arisen about whether the Kenya Vision Foundation (KVF) or a similarly named body is entangled in a leadership crisis.…
-
KVF Leadership Crisis? What the Budget Watchdog Means for Kenya’s Governance
Is KVF Facing a Serious Leadership Crisis? Speculation about leadership struggles within major Kenyan organizations has intensified amid controversial statements and policy shifts. While it’s essential to distinguish between organizational governance issues and broader political dynamics, discussions around KVF—whether referring to a federation, foundation, or another national body—have spotlighted questions about leadership integrity, strategic direction,…
-
Addis Ababa Leads in African Municipal Finance Management, Says ECA Evaluation
Overview: Addis Ababa tops African municipal finance rankings Addis Ababa has been recognized as a leading performer in municipal finance management among Africa’s major cities, according to a recent evaluation by the United Nations Economic Commission for Africa (ECA). The assessment highlights the Ethiopian capital’s advances in budgeting discipline, debt management, revenue administration, and financial…
-
Addis Ababa Tops African Cities in Municipal Finance Management
Overview: A New Benchmark for Urban Fiscal Governance In a landmark evaluation by the United Nations Economic Commission for Africa (ECA), Addis Ababa has been named a leading performer in municipal finance management among major African cities. The assessment measures strategies in budgeting, debt management, revenue collection, expenditure control, and financial transparency. By excelling across…
-
Enugu States Recovers N1.28b from Sujimoto, Vows to Recover Balance
Enugu State Recovers N1.28 Billion From Sujimoto Following EFCC Probe The Enugu State government has announced the recovery of 1.27 billion naira from the Chief Executive Officer of Sujimoto Luxury Construction Limited, Mr. Olasijibomi Ogundele, as part of ongoing investigations into contract payments and project oversight. This development comes after a series of inquiries conducted…
-
Lammy’s £100m Tax Grab: The Calm Before the Legal Storm
Introduction: A Controversial Policy Unveiled David Lammy, the Labour shadow justice secretary, is facing criticism as plans emerge from the Labour-led policy dialogue that would compel a substantial share of interest earned by law firms on housing deposits and bequests to flow to the state. Advocates describe it as a bold reform aimed at broadening…
-
Ghana Deploys AI-Powered Customs Tool to Curb $127B Revenue Leakage
Ghana Takes a Bold Step with AI-Driven Customs Ghana is launching a nationwide, AI-powered customs system aimed at plugging an estimated $127 billion in annual revenue leakages. The move, effective February 1, marks a significant upgrade in the country’s approach to border control, tax collection, and trade facilitation. By leveraging artificial intelligence, the government hopes…
-
CM Warns Federal Govt Against NFC Cuts: PPP Stands Firm on Sindh Funding
Sindh Leadership Sends Clear Message on NFC Allocations The Sindh government, led by Chief Minister Syed Murad Ali Shah, has issued a stern warning to the federal administration over proposed reductions in the National Finance Commission (NFC) award. With the NFC serving as the cornerstone of revenue distribution among Pakistan’s federating units, any alteration to…
-
Kagera TRA Smashes Target with 99% Revenue Capture in H1 2025/26
Impressive Half-Year Revenue Performance in Kagera The Tanzania Revenue Authority (TRA) in the Kagera Region is reporting a standout performance for the first half of the 2025/26 financial year. By the close of the period, TRA Kagera had collected an impressive 103.7 billion Tanzanian shillings, achieving 99 percent of its six-month revenue target of 104.6…
-
Tanzania’s Kagera TRA Hits 99% of Half-Year Revenue Target with 103.7bn/- Collection
Stellar Half-Year Performance for Kagera TRA The Tanzania Revenue Authority (TRA) in the Kagera Region has delivered an impressive fiscal performance for the first half of the 2025/26 financial year. Official figures show a total collection of 103.7 billion Tanzanian shillings, which stands at 99 percent of the six-month revenue target of 104.6 billion shillings.…