Okomu Oil’s Graham Hefer on the key drivers behind flat earnings
06 April 2019 | 5:54 am
Okomu Oil Palm's full-year profit after tax dipped by 8.7 per cent to 8.5 billion naira in 2018. Graham Hefer, Managing Director, Okomu Oil Palm Company joins CNBC Africa to discuss the company’s 2018 earnings result.
30 Oct 2021
Billionaires only have to pay tax on appreciated assets when they sell them, but a new legislative proposal could change this. The tax revenues could then be used to fund President Joe Biden's social spending plans.
29 Oct 2021
The WikiLeaks' founder is currently fighting an appeal by Washington to extradite him back to the US. Assange's legal team has rejected US assurances that he won't be sent to a "Supermax" prison.
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The global minimum tax is supposed to bring tax justice. But not even half of Africa's countries are on board. Kenya and Nigeria have backed out amid uncertainty over how much the measures would benefit poor countries.
1 Nov 2021
Leaders of G20 nations endorsed a landmark deal to establish a global minimum tax rate. They were, however, at odds on issues like coronavirus vaccines and fighting climate change.
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A British woman has won her case after she paid significantly higher taxes than Australian locals while employed as a waitress on a working holiday visa.
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With the US House of Representatives moving towards a vote on a $1.75 trillion social spending and climate package, the country could see a string of new tax hikes. Also, eco-friendly fashion designers hope to change a sector known for a heavy carbon footprint and enthusiasts of NFTs (non-fungible tokens) meet up in New York City.
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The explosion, in the capital, Freetown, happened as large crowds gathered to collect leaking fuel. The oil tanker was damaged earlier in an accident with a bus.
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The US has announced it will release 50 million barrels of oil from its strategic reserves, in coordination with several major consumer nations including China and India.
26 Nov 2021
Three weeks after the Santa Barbara wellhead failed, it is still blasting water, gas and oil across Nembe in Nigeria's Delta, littering the shoreline and water with yellow-brown clumps of waste as cleanup crews and booms struggle to contain it. Santa Barbara wellhead owner Aiteo Eastern E&P, the petroleum minister and Nigeria's president have all promised that specialist workers would quickly stop the spill. But experts say the difficulties containing it are a reminder of how the once-fertile, fish-filled creeks, mangrove swamps and waterways that crisscross Nigeria's Delta became some of the most polluted areas on the planet amid decades of energy exploration.
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Africa's abundant sunshine is ideal for renewable energy production. But the continent relies heavily on crude oil. Experts warn that the economy will continue to suffer if governments don't wean themselves off of oil.
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Find these stories and much more when you grab a copy of The Guardian on Wednesday.
28 Dec 2021
Captain Sunil Kumar Nandeshwar admitted he had been drinking alcohol as cargo ship Wakashio ran aground in July 2020, spilling more than 1,000 tons of fuel into the Indian Ocean.
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A weekly news show produced with photos, videos and personal accounts from FRANCE 24 Observers around the world – all checked by our staff here in Paris.
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Inflation in the eurozone reached 10% in September, the highest it has ever been in the history of the common European currency.
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Against the backdrop of far-right Italian politician Giorgia Meloni's election win, a video circulating heavily on social media claims that anti-EU demonstrators ripped down the EU flag outside the bloc's Rome headquarters. But all is not as it seems. We also debunk photographs from a Meloni campaign rally that are plagued by Photoshop accusations.Join us for this edition of Truth or Fake with Vedika Bahl.
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As the world struggles to overcome the huge problems of today, it would do well to turn towards indigenous peoples for solutions. That's the message from Julian Brave NoiseCat, a writer, journalist and advocate for indigenous peoples.
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The last section of the Humboldt Forum, a new museum in Berlin, is opening to the public. The museum's east wing houses collections of the Museum of Asian Art and the Ethnological Museum. Famous Benin bronzes are on display there before their restitution.