The Director-General of Nigeria’s Debt Management Office, Ms. Patience Oniha, has called on state governments to adopt Public-Private Partnerships and prioritise tax revenue generation over borrowing to fund infrastructure projects. She made these remarks during a one-day workshop in Lagos on Tuesday, organised under the States Action on Business Enabling Reforms Programme with World Bank…
Days after the central government imposed a blanket ban on online money games, major real-money gaming (RMG) platforms have moved swiftly to suspend their pay-to-play-to-win services and have signalled that they will not mount a legal fight challenging the prohibition. Concerns over addiction and its social fallout have been cited by the Centre as a…
The Spanish government approved on Tuesday a draft law to forgive part of the debt of the country’s autonomous communities. In total, €83.3 billion will be forgiven, with €17 billion allocated to Catalonia. Andalusia will be the biggest beneficiary, receiving €18.8 billion, followed by Catalonia and Valencia with €11.2 billion each. The measure stems from…
Issue of Debt Business Wire Read the original article here
THE BRITISH and Irish Lions tour to Australia helped wipe out Rugby Australia’s crippling debts and allowed them loom at creating a new investment fund for the sport down under. The Lions tour is expected to generate around $100 million Australian dollars (€55m) which will help lift the dark financial clouds over rugby in Australia…
By Drew Dietsch | Published 3 days ago The Toxic Avenger remake is out in theaters right now. Since it was an unrated release on just under 2,000 screens, it didn’t exactly bust the box office wide open. The scuzzy sendup of superheroes opened in the #11 spot and only managed to take in $2.2…
Aryza Announces Strategic Acquisition of Bravure to Expand Digital Collections and Debt Sale Capabilities Aryza, a leading global provider of credit and debt lifecycle SaaS solutions, is pleased to announce the acquisition of Bravure, a market leader in technology enabled debt sale and recovery solutions. Based in Sydney Australia, this strategic acquisition reinforces Aryza’s commitment to…
Ghana has dealt with a debt crisis since the early 2000s, originating from a long history of colonialism. Although it was one of the first African countries to gain independence in 1957, Ghana continues to depend on the export of raw materials such as gold, oil and cocoa. When global commodity prices declined in the…
South Africa is facing an alarming rise in online gambling that is destroying lives and draining billions of rands from families and the economy. Experts warn that unless lawmakers strengthen regulation, the scourge could spiral out of control. A former gambling addict, whose habit eventually led to imprisonment, said he learnt the hard way. ALSO…
Sweden targets young adult gambling debt in new campaign SBC News Read the original article here