Apr 17, 2019 | Menas Associates, Nigeria
Nigeria’s revenue authority denies plans to increase Value Added Tax (VAT) despite the Finance Ministry’s intentions to raise VAT and other taxes The Senate recently recommended that the Federal Government consider increasing taxes on luxury goods in a bid...
Apr 17, 2019 | Libya, Menas Associates
Field Marshall Khalifa Haftar’s assault on Tripoli has serious, and often overlooked, economic implications The current assault on Tripoli is having immediate economic as well as security consequences. The internationally recognised Government of National Accord...
Apr 17, 2019 | China, Menas Associates
China’s economy is at an inflection point. While it can hardly cease to grow, it is a key global growth driver and its faltering will continue to impact on the global economy. On the domestic side, the need for market reform is back in fashion while state-owned...
Apr 17, 2019 | Algeria, Menas Associates
Sonatrach CEO Abdelmoumen Ould Kaddour may be a next target of Chief of Staff Ahmed Gaïd Salah There has been speculation for some time as to what might happen to Sonatrach’s CEO, Abdelmoumen Ould Kaddour, if Abdelaziz Bouteflika was replaced as president. Since Army...
Apr 3, 2019 | Menas Associates, Russia
Russia’s oil and gas reserves have expanded over the past decade, as have exploration activities to capture these opportunities. Average crude oil production has increased by 4.6% over the last year from 10.53 million barrels/day (b/d) in October 2017 to 11.01...
Apr 3, 2019 | Algeria, Menas Associates
For over a month the streets of Algiers and most of the country’s other towns and cities have been filled by hundreds of thousands – and in some cases millions – of demonstrators. They have been demanding an end to not only President Abdelaziz Bouteflika’s...
