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DRI Sues Construction Firm for Tax Evasion: $15 Million Lawsuit Unveiled
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On May 8, Nepal’s Department of Revenue Investigation (DRI) initiated legal action against a construction firm, seeking approximately Rs 1.2 billion as compensation for alleged tax fraud. The Directorate of Revenue Intelligence (DRI) submitted a petition valued at Rs 1.2 billion to the High Court in Patan against Dhruba Construction Pvt Ltd, a firm…
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Why Ask ‘Why’? The Attitude Lounge with Kodwo Brumpon
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“No deity demands as much as your hunger, asking for a daily offering.” – Yoruba proverb Making meaning of life is all about probing the most fundamental mysteries in nature and in our cultures. There are a lot of things we do not understand about life and probably a great many that we will…
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CIAA Raids SEBON Offices, Seizing Key Documents for 89 IPO-Ready Companies
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On Wednesday, Nepal experienced an operation led by the Commission for the Investigation of Abuse of Authority (CIAA). They conducted a raid at the Securities Board of Nepal (SEBON), suspecting that this regulatory body might have been involved in financial misconduct during their approval process for initial public offerings from newly established firms. The…
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WAMPEX 2025: Shaping the Future of Mining and Power in West Africa
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The 18 th The upcoming edition of WAMPEX (West African Mining and Power Exhibition) is scheduled to occur from May 28th through May 30th, 2025, at the AICC and Grand Arena in Accra. The organizers of the event are thrilled to share two updates. First, the event will now involve a formal collaboration among…
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Microfinance victims stage protest at Maitighar (Photo Feature)
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On May 8, microfinance borrowers organized a demonstration at Maitighar to voice their discontent with the government’s inability to enforce an accord previously agreed upon. The protesters concluded their earlier demonstration last year following a deal with the authorities. Nonetheless, they restarted their movement on March 30. Related story Collaborative victims organize demonstration at…
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How Africa Can Navigate Talks With Trump
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By Vera SONGWE and Witney SCHNEIDMAN During a recent interview with Fox News anchor Bret Baier, asked Félix Tshisekedi The President of the Democratic Republic of the Congo was asked about how his administration plans to maintain ongoing relations with the United States—particularly in negotiating a crucial minerals agreement—while also strengthening ties with China.…
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