Frustrated Abidjan hires lobbying giant APCO to boost its credit rating at OECD
Considering that its OECD credit risk rating is unjustified and penalises the country on capital markets, Ivory Coast has hired APCO to try to get it improved.
Two days after hotel group Accor announced it was inaugurating its Fairmount Taghazout Bay hotel on 9 July, the hotel's owner, agriculture minister Aziz Akhannouch set about reorganising his hotel and property plans in southern Morocco.
Chrystold Chetty, reappointed as chairman of the Seychelles Revenue Commission (SRC) in April, and SRC Commissioner Veronique Herminie are under pressure from the OECD, the European Union and the Financial Action Task Force (FATF).
The European Union's shock move to blacklist Mauritius for money-laundering and terrorist financing has sent investors scurrying for other markets, spreading alarm across the island's financial sector. But if private funds are running scared, European public agencies, major clients of the offshore centre, seem less distressed by the Commission's judgment.
Despite making strenuous efforts, Parnasse, the consulting company of former French IMF director Dominique Strauss-Kahn, failed to win the consulting contract it was chasing in DRC. It was beaten to it by Baker McKenzie, where Strauss-Kahn's successor at the IMF, Christine Lagarde, used to work.
At their next meeting on 18 February in Brussels, the finance ministers of the European Union are due to accept that changes to the tax system contained in Morocco's 2020 budget will in certain cases not come into effect immediately.