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The IMF is assisting Senegal in rectifying debt misreporting issues from a previous administration, essential for future financial aid discussions. This follows disclosures that misrepresented debt figures, resulting in declining …
IMF Collaborates with Senegal to Address Debt Misreporting Issues Read More
The IMF is working with Senegal to rectify a past debt misreporting issue from the previous administration. A recent financial review showed that key figures had been artificially improved. Correcting …
IMF Collaborates with Senegal to Address Debt Misreporting Issues Read More
Brazil’s Supreme Court has ruled that funds from the Mariana disaster settlement cannot be used to pay foreign law firm fees. This ruling, issued by Justice Flávio Dino, stipulates that …
Brazil’s Supreme Court Ruling on Mariana Settlement Funds Prohibits Legal Fees Read More
Tanzania has completed a final $7 million payment to Montero Mining, resolving a $27 million settlement over the expropriation of the Wigu Hill project. The settlement ends a long legal …
Tanzania Finalizes $7 Million Payment to Montero Mining, Resolving Legal Dispute Read More
KPMG and a partner were ordered to pay over R$10 million in Brazil for negligent auditing of Banco BVA, resulting in losses for investors. This ruling marks a significant step …
KPMG Found Liable for Investment Losses in Landmark Brazilian Court Ruling Read More
The FCA has banned two ex-Credit Suisse bankers, Andrew Pearse and Surjan Singh, for their involvement in bribery related to Mozambique’s corrupt loans. Pearse admitted to over $45 million in …
FCA Bans Former Credit Suisse Bankers in Mozambique ‘Tuna Bonds’ Scandal Read More
Kenya’s government plans to buy back $577 million of its 2027 Eurobond, accepting valid tenders following a recent offer. The buyback is part of an effort to enhance its debt …
Kenya to Repurchase $577 Million of 2027 Eurobond as Part of Debt Management Strategy Read More
In 2024, MTN Ghana achieved GHS 17.9 billion ($1.1 billion) in service revenue, driven by 34.5% growth in data revenue and 54.4% growth in Mobile Money services. Despite a slight …
MTN Ghana Reports $1.1 Billion Revenue Surge Driven by Data and MoMo Services Read More
Kuwait Finance House (Malaysia) Bhd plans to complete its exit by Q1 2026. MARC Ratings confirms that the winding-down process is proceeding as scheduled. The bank’s retail banking portfolio, valued …
Kuwait Finance House to Wind Down Operations by Q1 2026, Reports MARC Ratings Read More
Brazil’s government has issued an executive order easing FGTS withdrawal rules, allowing 12 million workers to access up to 12 billion reais ($2.04 billion). Workers dismissed since January 2020 will …
Brazil Eases FGTS Withdrawal Rules for Workers Read More