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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

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    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Standard of cars assembled in Ghana will not be compromised – GSA assures

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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Old Mutual celebrates 177th anniversary globally, 10 years in Ghana

    Gov’t expenditure needs to be checked to help deal with inflation – ICAG

    Take control of financing on the continent – Ofori-Atta to AfDB

    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

    Government partners private companies to mine abandoned iron ore in Oti Region

    Manufacture of petroleum products push PPI to 31.2% in April

    Nigeria begins processes to join Ghana-Côte d’Ivoire Cocoa Initiative

    Victor Yaw Asante, FBNBank Ghana MD

    Banks will continue to innovate to meet customers’ expectations – FBNBank’s MD

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    Government to invest heavily in internet safety – Ursula pledges

    Ho Node Hub rebrands as Node Eight

    Elon Musk strikes deal to buy Twitter for $44bn

    Block chain’s success will depend on supportive policy environment – Prof. Quaynor

    1.5% E-Levy rate will negatively impact GH¢6.9 billion target – Prof. Quartey

    Transactions to be affected by E-levy

    Bethniel Finance emerges winner in Innovation Challenge Program

    Taxing of non-resident e-commerce entities in Ghana could push prices up – Technology Consultant

    BoG cautions against fraudulent money-doubling scheme ‘BitCash Currency Exchange’

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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

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    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Standard of cars assembled in Ghana will not be compromised – GSA assures

    GUTA urges gov’t to get other countries to open their borders to facilitate trade

    Kyle Kelhofer appointed as IFC Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo

    Greater, more diverse participation in global trade is key to achieving Africa’s economic transformation – World Bank

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Libya: What Libya’s New Travel Ban Really Means

bycitibusinessnews
February 28, 2017
in Africa, North Africa
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Authorities in control of eastern Libya have banned residents aged between 18 and 45 from travelling abroad without permission. The military government says the aim is to stop people from joining terrorists groups. RFI takes a look at the reasons behind the ban.

The authorities say Libyan men and women between 18 and 45 must now seek security clearance before going abroad.

This means permits will be issued by the intelligence services.

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Eastern Libya is in a clear state of insecurity, with militias and terrorists groups such as the Islamic State vying for control of the country.

Given the state of the country, divided in two, with a UN-backed goverment sitting in Tripoli and a military backed government in the East, many doubt the ban will have a significant impact.

“This isn’t going to work,” says Mohamed Eljarh, a non-resident fellow with the Atlantic Council. “People are coming to Libya to join terrorists groups, not the other way around. There’s no logic behind this. Basically the reasoning the military governor has given is flawed. I think the real motives behind this ban is to appease the salafists who are in an alliance with the Libyan National army.”

This ban comes after the Eastern authorities tried to impose a separate ban on women under 60 from travelling abroad without a male guardian.

But it was met with fierce opposition and the military authorities decided to backtrack on it.

“According to some civil society activists in Eastern Libya, the ban is mostly targeted at civil society organisations and intellectuals,” explains Mattia Toaldo, a Libya expert with the European Council on Foreign Relations. “In a way, they want to control their movements and keep them in check.”

Eastern Libya is under the control of strongmen commander Khalifa Hafter.

“These two bans come at a time when the atmosphere in Eastern Libya has become increasingly repressive,” says Mary Fitzgerald, an expert on Libya based in Dublin. ” Civil society actors are under increasing pressure. Because you have a situation where you have military governors in different parts of Eastern Libya. The self-styled Libyan National army headed by Hafter really takes its cue from Egypt and sees Egypt under Sisi and the repressive regime he has implemented has a model to follow.”

The rival governments are due to meet in Algiers in the coming weeks. But a date hasn’t been chosen yet and no one knows who will attend the talks.

“The key in all of this are the external actors that have been involved in the past two years,” explains Fitzgerald. “In particular those who have been backing Hafter with military and other support. Finding a solution is linked to wether those actors will be able to pressure Hafter to force him towards a power-sharing agreement.”

–

Credit: All Africa

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