revenue

Edited By Ali Musa Axadle Times International–Monitoring. In a move that has reverberated across the fuel market, the Dangote Refinery made headlines on Wednesday by announcing a significant reduction in the ex-depot price of petrol. The price has been slashed by N65, bringing it down from N890 to N825 per liter. At first glance, this may appear as just another business decision, but as with many things in life, the ripple effects reach far and wide. Starting…

Hargeisa (AX) – In a spirited push towards financial transparency and accountability, President Abdirahman Mohamed Abdillahi Cirro of North Western State of Somalia has laid down the gauntlet, urging all government ministries and agencies to channel accrued revenues directly to the Ministry of Finance. It's a move designed to tighten the screws on financial operations and sniff out any fiscal hide-and-seek played in dark corners. At a cabinet gathering this Thursday, against the backdrop of Hargeisa's bustling…

Mogadishu (AX) — Things are heating up in Yaqbariweyne as the South West State troops gear up to take on local militias, stirring worries of a fresh conflict over who calls the shots and collects taxes in the area.Folks in Yaqbariweyne have mentioned that both factions are on high alert, causing the local populace to brace for what might come. Eyes and ears on the ground hint that the South West forces are keen on tightening their grip on the town, which has, for the past few months, been pretty much under the thumb of armed…

On Wednesday, March 31, the head of the Congolese mining company Gécamines launched a new subsidiary called the General Company of Cobalt. ECG aims to establish the state monopoly on the purchase, processing, conversion, sale and export of artisanal cobalt, which corresponds to 20% of the total cobalt mined in the country. Democratic Republic of Congo is the leader in the sector with 67% of world…