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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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Perseus Mining Transfers Gh₵73M Dividend To State: International Edition
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Perseus Mining (Ghana) Limited has paid a dividend of GH₵73.5million – approximately US$5million –\xa0 to government for the 2024 financial year. Perseus declared a total dividend of US$50million for the 2024 financial year. The state has a 10 percent carried interest through the Ministry of Lands and Natural Resources. Speaking during the presentation of…
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Why Africa Should Unite Economically Against Us Tariffs, Not Retaliate Fragmentedly
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By Ephraim Ofori NUMOSUOR In an kurun marked by geopolitical maneuvers driven by economics and strategic partnerships, Africa must not stay as a collection of disconnected markets. The recently implemented tariffs imposed by the United States on numerous imports, which include goods from Africa, have prompted distinct reactions from different countries across the continent.…
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Crafting The Perfect Portfolio: Aligning Stocks, Bonds, And Alternatives With Your Risk Tolerance And Goals – International Edition (English)
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By Dela AGBO In the constantly evolving landscape of perorangan and organizational finances, constructing a well-balanced investment portfolio stands as one of the key factors for achieving lasting monetary prosperity. Whether you’re saving for retirement, funding a business, or growing generational wealth, understanding how to strategically combine equity, debt, and alternative assets to match…
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Daily Turnover Rockets To Rs 11.65 Billion As Nepse Drops 12.04 Points – International Edition
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On Thursday, Nepal Stock Exchange (NEPSE) dropped by 12.04 points, finishing at 2,661.64 points. Stockbrokers report that the secondary market showed negative performance following an influx of investors looking to secure profits from the increased share prices on Wednesday, as the market index rose by over 62 points. The secondary market began the session…