Monday, June 9, 2008

Tanzania: Row Simmers over Dar's $0.46 Million Payment to UK Firm

9 June 2008 (Allafrica.com)
A row is brewing over the circumstances under which the Ministry of Infrastructure Development directed the Tanzania Ports Authority (TPA) to pay millions of shillings to a UK-based consultancy firm for services it rendered to third parties. The British firm, DLA Piper, was paid for services it had rendered to the Tanzania Airports Authority, which -although also falling under the ministry - is a totally different entity. DLA Piper was asked to carry out a consultancy at the Tanzania Ports Authority (TPA) on two worn-out Single Buoy Mooring (SBM) and Single Point Mooring (SPM) systems at the Dar es Salaam port as well as a consultancy on construction works at the Kilimanjaro and Mwanza airports for the Tanzania Airports Authority (TAA

To discerning Nigerians, the grim reality of the country's sole dependence on income generated from oil revenue is a matter for serious concern. This

9 June 2008 (Allafrica.com)
A row is brewing over the circumstances under which the Ministry of Infrastructure Development directed the Tanzania Ports Authority (TPA) to pay millions of shillings to a UK-based consultancy firm for services it rendered to third parties. The British firm, DLA Piper, was paid for services it had rendered to the Tanzania Airports Authority, which -although also falling under the ministry - is a totally different entity. DLA Piper was asked to carry out a consultancy at the Tanzania Ports Authority (TPA) on two worn-out Single Buoy Mooring (SBM) and Single Point Mooring (SPM) systems at the Dar es Salaam port as well as a consultancy on construction works at the Kilimanjaro and Mwanza airports for the Tanzania Airports Authority (TAA

Sunday, June 8, 2008

Nigeria: Good News from the Tax Sector

8 June 2008 (Allafrica.com)
To discerning Nigerians, the grim reality of the country's sole dependence on income generated from oil revenue is a matter for serious concern. This virtual mono-cultural economic tendency is dangerous as it ties the nation's fortunes to the vagaries of global oil market and the unpredictable socio-political situations in the country's oil producing belt. This is why the country's economy was so badly affected by the international oil glut of the early 1980s. It is currently losing substantial revenue due to the extant volatile situation in the Niger Delta.

Monday, June 2, 2008

Namibia: Mining Earnings Jump 13 Percent

June 2, 2008 (Allafrica.com)
Namibia's mining industry announced a bumper turnover of N$13.8 billion last year, representing a 13 percent increase Value addition generated a record N$5.5 billion contributing almost 12 percent to Namibia's Gross Domestic Product and almost 60 percent to merchandise exports.