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President Nana Akufo-Addo's office said wednesday that Ofori-Atta would be replaced by Mohammed Amin Adam, currently the minister of state at the finance ministry and previously deputy energy minister responsible for the petroleum sector.
Announcement of the death of former President Rawlings pic.twitter.com/7ext0fp4sd
— Nana Akufo-Addo (@NAkufoAddo) November 12, 2020
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[Namibian] THE Ministry of Finance has identified a list of 84 doctors who are accused of stealing millions of dollars through the government's medical aid scheme.
FINANCE Minister Colm Imbert estimated there were approximately 1,500 active users on the ministry's online Salary Relief Grant (SRG) application portal at any one time during the day, when it was launched on Wednesday..
In a tweet, Imbert said, \"By 5 pm today, on the first day that we launched our online Salary Relief Grant application portal at the MOF (Ministry of Finance) for May 2021, we had registered almost 40,000 visitors to the portal, with as many as 1,500 active users online at various times in the day.\"
He added, \"Our Salary Relief Grant Application Portal (https://portal.finance.gov.tt) for May 2021 is up and running at the MOF. By 8.30 am this morning, there were already 1,009 active users on the site. Because of our covid19 situation, this has been designed as a fully digital/online portal.\"
The ministry said applicants who do not own or have access to a computer can ask their MP or local government councillor for assistance.
At a news conference earlier this month, Imbert said grants would be given to those who lost employment at the start of the month as a result of the new covid19 restrictions.
These grants are the SRG and the Income Salary Relief Grant (ISG). The latter is being provided by the Social Development and Family Services Ministry.
Both grants are being offered up to a maximum of $1,500 each for May.
The ministry said once eligible, people whose income was suspended or terminated at the beginning of May, will receive $1,500. It added that people whose income was suspended or terminated from May 8 will receive $1,000.
The application process will close on May 31 at midnight and is available only online.
The public is asked to apply for grants by visiting https://portal.finance.gov.tt, filling out the online application form, scanning and uploading supporting documents and submitting the form. Applicants should receive a confirmation e-mail on completion.
The Finance Ministry said anyone with questions about the SRG should contact the SRG hotline at 800-6774 or e-mail salaryreliefgrant@gov.tt.
It added that questions on the ISG should be directed to the Social Development and Family Services Ministry.
The post Thousands apply online for salary relief grant appeared first on Trinidad and Tobago Newsday.
News24 went back in time to dig out the most explosive testimony the Zondo commission has heard so far.
DA leader John Steenhuisen believes that President Cyril Ramaphosa missed an opportunity when he reshuffled his executive on Thursday.
By Paidamoyo Muzulu ZIMBABWEANS for the past two weeks have had a hectic life, most of the events being externally influenced and
The post Where is the mid-term fiscal policy? appeared first on NewsDay Zimbabwe.
Forex reserves swell to four-month high on IMF Sh79bn injection
Tuesday, May 19, 2020 0:01
By CHARLES MWANIKI
CBK governor Patrick Njoroge.
PHOTO | DIANA NGILA
The disbursement of the $739 million (Sh79 billion) economic support loan from the International Monetary Fund (IMF) has helped push the Central Bank of Kenya (CBK) forex reserves to the highest level in four months, promising support for the shilling, which has come under pressure against the dollar this year.
“Foreign exchange reserves are projected to remain adequate through 2020 (helped by) additional financial flows from international finance institutions in support of the government’s efforts, such as the IMF rapid credit facility of $745 million and World Bank’s $1 billion,” CBK governor Patrick Njoroge told a Senate committee in a presentation on May 7.
“Foreign exchange reserves are projected to close the year at about five months of import cover.”
In early March, CBK said it would buy $400 million (Sh42.8 billion) from banks over a period of four months to increase dollar reserves amid rising uncertainties in the global market over the coronavirus outbreak.
Zambia's request for an interest-payment holiday could make it the first African sovereign defaulter since the onset of the coronavirus pandemic.
Early voting has begun in Ghana for essential workers ahead of national elections which comes up next week Monday December 7.
More than 100 security personnel, journalists and staff of the electoral commission who will be busy on election day are expected to vote according to the Electoral Commission.
The polls would hold in 275 constituencies and include ballots for the presidency and parliament.
President Nana Akufo-Addo is facing a re-election challenge from former president John Mahama in what is expected to be a tight contest.
During campaigns the two main presidential candidates promised to spend more if they win the election. Their campaign promises comes amid concerns over the west african country's economy and rising debt profile.
Ghana, a major producer of gold, oil and cocoa, suffered its first economic contraction in almost four decades this year, as a result of the covid 19 pandemic.
Opposition leader John Dramani Mahama, 61, in a campaign promise hinged on the tag ‘Operation rescue Ghana’ is trumpeting massive infrastructural development as a trump card in this year’s polls.
However, a recent survey by the Center for Democratic Development (CDD) conducted between September 28 to October 16, 2020 shows that the incumbent President Nana Addo Dankwa Akufo-Addo enjoys a slight advantage over him.
Around 17 million eligible voters are expected to exercise their franchise on December 7.
[Daily News] Minister of Finance and Planning, Dr. Mwigulu Nchemba said Thursday Tanzania economy grew by 4.8 per cent being one of few countries in Africa that had a positive economic growth last year.
[Daily Trust] The Federal Government 2021 budget implementation has recorded N1.84trn revenue inflows as at the end of May 2021, Finance Minister, Zainab Ahmed has said.
Caribbean Airlines Ltd (CAL) is to reduce its fleet to 13 aircraft, comprising eight jets and five ATR turboprop planes.
Finance Minister Colm Imbert made the statement in response to an urgent question from Opposition Senator Wade Mark in the Senate on Tuesday.
Imbert said CAL was at the beginning of the process of determining exactly how many employees who would be retrenched. He said the severance payments to the approximately 450 workers was estimated to be about $110 million, which would be provided by the Finance Ministry.
He said the company was putting support systems in place for the workers, including counselling, outplacement services, transition training, and compensation packages.
Imbert said the streamlining measures were being put in place after consultation with the International Air Transport Association and Amadeus consulting agency.
The post CAL to reduce fleet to 13 aircraft appeared first on Trinidad and Tobago Newsday.
Former finance minister Des van Rooyen testifies at the state capture commission of inquiry on Tuesday on his ministerial appointment, in addition to cross-examining former Treasury director general Lungisa Fuzile.
President Museveni has rejected a proposal to split oversight over the National Social Security Fund (NSSF), saying it should be placed wholly under the Ministry of Finance, Planning and Economic Development.
However, in a separate letter that Daily Monitor has seen and addressed to the Speaker of Parliament, Ms Rebecca Kadaga, President Museveni indicates that the full control of NSSF must be transferred to the Finance ministry.
Ms Margaret Rwabushaija, the Workers MP, said NSSF is a fund for workers and cannot be managed by the Ministry of Finance.
Mr Kenneth Lubogo, the Bulamogi County MP in Kaliro District, said the Ministry of Gender should not be completely locked out of NSSF because NSSF funds are private funds contributed by workers and not appropriated by Parliament.
Meanwhile, Mr Patrick Isiagi, the vice chairperson of the Finance Committee, said he okayed the proposal of President Museveni having the Ministry of Finance control the fund since it has more knowledge as far as financial modeling is concerned.
[Nation] Miraa farmers and sellers are staring at a bleak future in the key Somalia market if the Kenyan government does not move with speed to resolve a trade impasse with its neighbour.
