Africa Features Headlines International

Burkina Faso introduces new taxes to raise fund to fight terrorism

Burkina Faso has introduced new taxes including levies on telephone services in a bid to raise funds to be used in the fight against terrorism, the West African country’s news agency (AIB) announced. Aboubakar Nacanabo, the Minister of Economy announced the taxes on telephone services, re-subscription of private cable television channels and sale of land […]

Business Finance

IMF Expresses Concern over Impact of Lower Oil on Algerian Economy

“Algeria continues to face important challenges posed by lower oil prices (…) and growth in the nonhydrocarbon sector slowed under the effects of spending cuts”, says the International Monetary Fund (IMF). Inflation increased from 4.8 pc in 2015 to 6.4 pc in 2016 and stood at 8.1 pc year-on-year in January 2017. As to unemployment, […]

Blogs Community

USA: the job growth, the tax hikes and voters’ expectations

The tight contest between Obama and Romney will finally come to an end on November 6th. However this week will be marked by the unveiling of the closely monitored employment report. Although Hurricane Sandy forced the government to stop working for 2 days, the Labor department plans to release the October jobs data as scheduled […]