The National Board of Revenue (NBR) has asked its Investigation and Intelligence Cell (IIC), formed in each tax zone, to strengthen their vigilance and scrutiny to prevent tax evasion, reports. "As part of the drive to catch the tax evaders, the NBR has asked the IIC to take effective steps in…

Thirty-two African countries on Friday called on the European Union to stop its ivory trade at a conference in Botswana aimed at saving African elephants, reports AFP from Johannesburg. Presidents Yoweri Museveni of Uganda, Ali Bongo of Gabon and host Ian Khama of Botswana wrote a petition along with…

Japan's parliament approved Haruhiko Kuroda for a second term as central bank governor on Friday, with a mandate to battle deflation and pep up the world's third-biggest economy, reports AFP from Tokyo. Handpicked by Shinzo Abe to steer the former economic powerhouse out of a dangerous cycle…

Tariffs, tech and taxes will strain finance ministers from G20 countries at a meeting in Argentina next week overshadowed by the gathering clouds of a trade war, reports AFP from Buenos Aires. The two-day meeting in Buenos Aires, which starts Monday, comes at a particularly tense moment just two days…

A dramatic decline in oil production in crisis-hit Venezuela could tip the global crude market into deficit, the International Energy Agency said Thursday, helping wipe away a glut that has depressed prices for years, reports AFP from Paris. Oil is the lifeblood of OPEC member Venezuela's economy,…