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Last week should have seen the latest hearing in the UK courts on a debt owed to Iran by a British government company long in the shadows, International Military Services (IMS). The dispute over this debt has lasted more than 40 years. Again, the hearing was postponed.
This week, my wife, Nazanin Zaghari-Ratcliffe, was given a new prison sentence in Iran. That debt is the reason she has been held there since 2016.
IMS was set up in the 1960s by a UK body, the Crown Agents, and has been wholly owned by the Ministry of Defence since 1979. IMS sought to promote UK arms sales as Britain looked to project its influence post-Empire, and it was particularly successful in Iran before the Islamic revolution of 1979 overthrew the Shah.
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Contractors working to expand portions of the Tema-Aflao highway have proposed to install traffic signals at the Kpone Barrier junction as a temporary measure to address the periodic gridlock along the stretch.
The move, according to the Project Consultant, Mr Magnus Quarshie, was to ensure a temporary free flow of traffic while contractors worked on the 17-kilometre span from the TT Brothers Traffic Light to the Central University area at Miotso.
The project is being financed from the UK Export Finance (UKEF) at $105 million.
Mr Quarshie proposed the temporary measure to the Minister of Roads and Highways, Mr Kwasi Amoako-Attah, when he visited the project site last Tuesday as part of his tour of some roads in the Greater Accra Region.
ecurity, Trade, Humanitarian Assistance: UK Renews Engagement With Cameroon
Relations between Cameroon and the United Kingdom are soaring higher with the 24-hour official visit of the Foreign and Commonwealth Office Director for Africa, Neil Wigan Mbe, who yesterday October 4, 2016, held talks with Prime Minister Philemon Yang in Yaounde. Strengthening bilateral ties between both countries in the Security, commercial and humanitarian domains were discussed between the visiting British official, accompanied by the country’s High Commissioner to Cameroon, Brian Olley and PM Yang, who was assisted by his close aides. Lire aussi : Elite One: Retrouvailles Canon -Tonnerre
At the end of over 45-minute audience, the Foreign and Commonwealth Office Director for Africa said Cameroon and the United Kingdom were already important partners. “We are looking forward to expand the size of our High Commission, to deepen commercial relations and strengthen our security cooperation,” Ambas
Daily Monitor
Wednesday April 28 2021
The loans have been invested in transmission lines, the Karuma and Isimba hydropower projects, oil roads, Kabaale International Airport, expansion of Entebbe International Airport and Irrigation schemes, among others, which government says has translated into economic growth.
Summary
The loans have been invested in transmission lines, the Karuma and Isimba hydropower projects, oil roads, Kabaale International Airport, expansion of Entebbe International Airport and Irrigation schemes, among others, which government says has translated into economic growth.
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Twenty years after Uganda benefited from a $656 million (Shs2.3 trillion) debt relief in 2000, the government today finds itself in a deeper hole of debts, struggling to pay creditors in the midst of a pandemic, emerging spending pressures and contracted domestic revenues.