The Liberia Revenue Authority (LRA) says the Ebola crisis has unfavorably affected revenue collection in the country.Addressing the LRA’s maiden press conference in Monrovia last Friday, the Commissioner General Mrs. Elfrieda Stewart Tamba, said the Ebola crisis undermined revenue collection in July and August.The LRA boss disclosed that the authority had benchmarked itself to collect US$122 million in the first quarter of 2014, but exceeded its benchmark and collected over US$124 million, about US$2.6 million in excess.She, however, noted that the targeted collection declined in July during which time the LRA collected only 35% [US$43.4 million] of its target.Performance dipped further in August from 35% to 28% [US$34.7 million] in August. Performance level meanwhile recorded growth in September rising to 37% [US$45.8 million].For grants, Commissioner General Tamba said the LRA was to collect US$13 million but only US$12.6 million came into the country due to certain trackers that were not met by the government or a particularly Ministry that is responsible for it.Mrs. Tamba called on government to invest more in the LRA as an institution in order to strengthen it to collect needed revenues to finance development projects across the country.According to her, government needs to invest more in the LRA as an institution, because the institution has two components, the human assets and the pie assets. And “We believe with that kind of investment which we anticipate, we will have an increased tax motivation and integrity of staff improvement.”The LRA Commissioner General told newsman that the revenue collected by the entity is used directly by the government to fund public services to benefit all citizens including residents and non-residents as well as legal and non-legal “because government uses them to provide some basic services, such as, building schools, medical services, electricity, good road facilities.”Commissioner General Tamba re-emphasized the government’s need to exert more effort in attracting investors into the country through tax reforms, if it wants to achieve economic growth and enhance the people’s standard of living. “As our target,” she said, “we seek to execute our mandate effectively; we look, we own and want you to judge us, as we go along in executing the revenue code fairly; and that [commits] the revenue administrators, the citizens and residents and all stakeholders to certain basic rights and responsibilities,” she told journalists. LRA is responsible for the administration of taxes and customs duties in Liberia. The main function is the assessment, collection and remittance to Government of taxes and duties due under the Act it administers, she declared.“Our goal is to optimize revenue mobilization for national development through the delivery of quality service to taxpayers and other stakeholders. We therefore urge our taxpayers to comply voluntarily by declaring and paying all taxes and duties appropriately.”Mrs. Tamba added that the vision of LRA is to be a world class revenue administration, recognized for professionalism, integrity and excellence. “Our mission is to mobilize revenue for national development in a transparent, fair, effective and efficient manner.”“As part of our modernization programme,” she continued, “LRA pledges to implement more modern and innovative strategies to enhance revenue collection.The Commissioner General used the occasion to encourage all taxpayers and the general public to honor their tax obligations for better roads, improved electricity, education, health services and provision of other amenities to the people of Liberia.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)
Eco (Atlantic) Oil & Gas Ltd), an oil and gas exploration company with licenses in highly prospective regions in South America and Africa, has announced that Eco (Guyana) Oil and Gas (Barbados) Ltd, have acquired the remaining six per cent interest in its Guyana operations.Eco Guyana holds a 40 per cent working interest in the Orinduik Block, offshore Guyana, with the remaining 60 per cent held by Tullow Oil.The Acquisition is being affected via share purchase agreements entered into between Eco Barbados and the minority shareholders of Eco Guyana (the “Minority Shareholders”).The total consideration paid by the Group will be US$200,000 with US$100,000 payable upon closing, expected to be February 27, 2018, and US$100,000 payable 60 days thereafter, in addition to the issuance of a total of 1,700,384 common shares of the company. The Common Shares, which will be issued to the minority shareholders, represent approximately one per cent of the company’s share capital on a fully diluted basis.According to a release, the closing of the acquisition is conditional upon TSX regulatory approval and admission of the Common Shares to trading on AIM.“In connection with the Acquisition, each minority shareholder has agreed not to dispose of more than one-third of their common shares, issued to them at closing of the acquisition, for a period of 90 days. An additional one-third of the Common Shares issued to each Minority Shareholder may be disposed of from day 91 after closing, with the remaining Common Shares held by the minority shareholders being eligible to be disposed of after 181 days following issuance.”Application will be made for the admission to trading on AIM of the 1,700,384 common shares issued to the Minority Shareholders in conjunction with the acquisition of the Eco Guyana shares. Admission is expected to take place March 5.Following admission, it is understood that the issued share capital of the company will consist of 159,195,217 common shares.The Stabroek Block is 6.6 million acres. Esso Exploration and Production Guyana Limited (Exxon’s subsidiary) is the operator and hold a 45 per cent interest in the Stabroek Block. Hess Guyana Exploration Ltd. holds a 30 per cent interest, and CNOOC Nexen Petroleum Guyana Limited holds a 25 per cent interest.
…granted go-ahead to expand ‘gambling ring’Having complained of sagging profits, the Guyana Lottery Company has been handed a five-year renewable contract that allows it to introduce new games into the country using Video Lottery Teller Machines such as casino slot machines and online gambling.This as local entrepreneurs complain bitterly, and have even moved to the courts.Finance Minister Winston Jordan on Monday confirmed the renewable five-year agreement as he was questioned over reports questioning the legality of gambling machines being used at popular night spots locally, despite the establishment not being the holder of a casino licence.Gambling is prohibited in Guyana under the Prevention of Gambling Act, which incidentally does provide for issuance of special casino licences.To date, there has been only one operational licence issued — for the Princess Hotel and Casino, while the Guyana Marriott is earmarked.Guyana’s laws limit the number of casino licences that can be issued, and local hotelier Clifton Bacchus of Sleepin Hotel, along with his investors, has in recent months lamented bitterly the heavy-handed approach by Government in withholding the issuance of a casino licence to his establishment.Reports surfaced on Monday in the local media of three entertainment spots where dozens of casino machines are in operation—machines identical in nature to the ones operated in the Princess Casino.Guyana’s Finance Minister, when confronted with the reports on Monday, confirmed that the Guyana Lottery Company had given an undertaking together with Government—in the contract that was renewed this year—to introduce new games.According to Jordan, the contract was renewed after the Lotto Company complained over the traditional annual renewal of its licence.The Finance Minister, in emphasising that a valid five-year contract had been signed between the Lotto Company and the Government, through to 2021, said the contract allows for the introduction of a range of new games by the lottery company.Jordan told media operatives that the company did some analysis and determined “some of the games were sagging some of the returns on the games.”According to Jordan, “They do have a contract for 2017 to 2021…they do have a contract that involves them introducing new games and new games that will utilize internet also.”As a result, the new deal with the Lottery Company will introduce new games, including online gambling; and according to Jordan, Government will in return continue to receive 24 per cent of the proceeds “together with some other sweeteners.”The Minister did not elaborate on the other sweeteners in the agreement between the Ministry of Finance and the Guyana Lottery Company, a subsidiary of Canadian Bank Note (CBN).Under the previous arrangement with the Government, while the Lotto Company did pay 24 per cent of the proceeds to the state, its contract to operate the gambling games across the country was renewed on an annual basis.Jordan, in defending the Lottery Company’s five-year deal, lamented the previous arrangement as a ‘shoe string’ arrangement.Questions had surfaced over the legality of the machines operating in the city—illegal under the Prevention of Gambling Act.Gaming Authority positionThe Gaming Authority meanwhile, by way of a public missive on Monday evening attempted also to clear the air and provided details of the arrangement under which the Lottery Company is currently operating.According to that authority, in the missive inked by its Chairman, Roysdale Forde, Canadian Bank Note, through its agents the Guyana Lottery Company, was operating in Guyana under an agreement crafted by the Government of Guyana and that agreement “has made provision for the right of the Guyana Lottery Company to operate Video Lottery Terminals (VLTs) in Guyana.”The Gaming Authority, under the Anti-Money Laundering and Countering the Financing of Terrorism Act of 2009 and Amendment 2016, has been identified as the Supervisory Authority for casinos and lotteries.According to Forde, the Gaming Authority, in its capacity as a Supervisory Authority, had advised the Lottery Company to await rollout of the enactment of legislation and formulation of regulations to guide the operation’s machines.The gambling games previously operated by the Guyana Lottery Company through its arrangement with Government include ‘Lotto Supa 6,’ ‘Lucky 3,’ ‘Daily Millions,’ and ‘Draw De Line’; along with a range of popular ‘scratch’ games.Its ring of gambling games has now been expanded to include those using the VLT machines—machines akin to the casino slot machines, also referred to as the ‘one-arm bandit.
A single vehicle accident had traffic on the Swanson lumber road moving slower this afternoon.A car appeared to have veered off the west shoulder of the road by Canfor Lumber.- Advertisement -The RCMP was directing traffic around the accident around 4 p.m. this afternoon.There is no word if there were any injuries as a result of the accident.
According to Failte Ireland, 289,000 tourists visited Donegal in 2015 and spent a whopping €83million. These figures are expected to rise due to Donegal’s new title as the coolest place on the planet.Speaking to The Guardian, National Geographic Traveller’s UK editor, Pat Riddell says; “It’s a warm-hearted place, but wilderness always feels just a stone’s throw away. And it is wilderness, world-class wilderness. We think it’s due a big year.” The filming of scenes from the latest Star Wars movie, and our natural scenery and possible adventures to be had here all combined to make Donegal so ‘cool’ in the eyes of the influential travel magazine from National Geographic.The publication describes Donegal’s “dreamlike landscape” and roads that “wind like ribbons” to locations such as Silver Strand. On top of being named the coolest place on the planet, Donegal has received funding from Failte Ireland for four major festivals; The Donegal Rally, the Earagail Arts Festival, the Rory Gallagher Festival in Ballyshannon and the Sea Sessions in Bundoran.Donegal Rally will be awarded €15,000, Sea Sessions €20,000, Earagail Arts Festival €45,000 and Rory Gallagher Festival €40,000.Although a boost in tourism is expected, concerns have also been highlighted.Speaking to The Guardian, Paddy Byrne, who runs a business taking tourists to Slieve League says; “The ‘Coolest Place on the Planet’ thing will undoubtedly help bring more tourists. I had a call yesterday from a foreign tourist to see I could take them out to the cliffs, but I don’t get going until March.”“This place may be beautiful but you can’t eat beauty. A lot of people, especially our young people, have to leave the county to get jobs, an education and opportunities.”Brexit was also highlighted as a possible major economic drain on Donegal, with a concern over non-EU fishing boats from the UK not needing to conform to EU quotas.Despite worries over Brexit and emigration; an expected increase on 2015’s €83 million is fantastic for our beautiful county! Coolest place on the planet “due a big year” for tourism was last modified: January 2nd, 2017 by Elaine McCalligShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:2017BoostBrexitcoolest placedonegaleconomyNational GeographicStar Warstourism
Top nine Premier League free transfers of the decade IN DEMAND REVEALED 2 2 It would represent a complete squad overhaul for the German, who took over the Reds in 2015.However, fans have been quick to remind Klopp about what he said two years ago with regards to excessive spending.With Manchester City closing in on the singing of John Stones and Manchester United about to sign Paul Pogba for a world-record fee, Klopp bemoaned the big spending of Premier League sides.“Other clubs can go out and spend more money and collect top players, yes,” he said in 2016. “But if you bring one player in for £100 million or whatever, and he gets injured, then it all goes through the chimney. targets moving on RANKED LATEST Alisson looks bound for Liverpool Arsenal transfer news LIVE: Ndidi bid, targets named, Ozil is ‘skiving little git’ Man United joined by three other clubs in race for Erling Haaland Cavani ‘agrees’ to join new club and will complete free transfer next summer Liverpool are closing in on the signing of Brazil star Alisson from Roma, in what will be a world-record deal for for a goalkeeper.The Brazil international is currently flying into Liverpool to complete a medical ahead of a £67million deal. LIVING THE DREAM targets Where every Premier League club needs to strengthen in January Kevin De Bruyne ‘loves Man City and wants to keep winning’, reveals father Tony Cascarino backs Everton to sign two strikers for Carlo Ancelotti “Do I have to do it differently to that? Actually, I WANT to do it differently. I would even do it differently if I COULD spend that money.“I want a special team spirit – I don’t feel it is necessary, I want it.“You can’t say at the end, ‘Only 11 best players will play together and let’s see what happens.’“The day that this is football, I’m not in a job anymore. Because the game is about playing together. Klopp claimed he would be ‘out of a job’ if clubs continued to spend big, but has not been afraid to splash the cash himself The biggest market value losers in 2019, including Bale and ex-Liverpool star Latest Transfer Stories “That is why somebody invented passes — so these players can play together. It’s not about running with the ball because you can do it all the time.“But building the group is not my unique idea, it is necessary to be successful in football.”Since that interview, Klopp has broken the world record transfer fee for a defender by signing Virgil van Dijk from Southampton for £75 million.Once the Alisson deal goes through (another world-record fee) the German’s spending at Liverpool will surpass the £400 million mark.
A ram-raider was caught after he left the license plate of his car at the scene of a robbery.Bernard McGinley was part of a gang who drove a car into the front of a petrol station in St Johnston.But Gardai managed to trace the 25 year old father-of-one after his license plate fell off at the Foyle View Service station in Dundee, St.Johnston on December 2nd, 2010. Letterkenny District Court was told McGinley and his gang robbed a cash register drawer containing €200 and an Eircom payphone during the 7am raid.Gardai used CCTV and traced the damaged Opel Astra car to 3 Canal Road, Letterkenny.They also managed to identify McGinley who was wearing the same clothing from the CCTV and also the same jewellery.McGinley’s solicitor Michael Shiel said his client was taking the rap for all members of the gang and was frightened to help Gardai.He had a drink and drug problem but was trying to address it.The court heard that €4,000 in damage caused to the garage during the raid had not been paid back.McGinley had a number of previous convictions for drink-driving, car theft and failing to stop for Gardai.Judge Paul Kelly said he had no question that McGinley would have to go to jail.He sentenced him to a total of 12 months in prison for various offences including criminal damage and theft.AT HEARING.RAM-RAIDER CAUGHT AFTER LICENSE PLATE FELL OFF CAR DURING GARAGE HEIST was last modified: March 11th, 2013 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Bernard McGinleyFole View Service stationram-raiderSt Johnston
It’s going to another cracking weekend at Letterkenny Super-pub Sister Sara’s.Tomorrow night, we’ve got Mark and Kevin McLean’s 40th birthday bash, which promises to be a terrific night’s entertainment.Music will be performed by Eldorado, Hugo McLaughlin, The Confederates and Hugo McLean. On Saturday it’s the super-pub disco with our resident DJ Marty Curran, he’ll lay all your club and chart favourites to get you in the party mood.On Sunday you can watch all the premiership action on any of the large HD Plasma TV’s located throughout the bar.So if you’re heading out this weekend, make sure and drop in to Letterkenny’s No.1 super-pub Sister Sara’s.SISTER SARA’S TO HOST 40TH BIRTHDAY BASH FOR MARK AND KEVIN MCLEAN was last modified: September 11th, 2014 by Mark ForkerShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:EntertainmentFeaturesnewsSister Sara’sWEEKEND LINE-UP
Buy Tickets Story Links Drake, Illinois State and the Missouri Valley Conference collaborated to move the game to allow Drake University and CNN to host a Democratic presidential candidate debate on the Drake University campus Jan. 14. Print Friendly Version The Drake University men’s basketball home game against Illinois State has been moved to Thursday, Jan. 16, at 7 p.m. in the Knapp Center.