Namibia: First-Ever Genocide Remembrance Day Observed
Namibia officially marked its inaugural Genocide Remembrance Day in a solemn ceremony held on Wednesday. The day was dedicated to honoring the more than 100,000...
Category : ECONOMY
China’s rare earth advantage isn’t just about control
The 90-day pause in the US-China trade war brought relief to global markets. But while the trade truce is good news, rare earth elements have...
Property developers target informal traders
Property developers in Zimbabwe are increasingly converting vacant central business district (CBD) office spaces into compact retail units to cater to the country’s expanding informal...
CAML splurges A$185m on US copper asset
Aim-listed miner Central Asia Metals (CAML) on Wednesday announced it would acquire ASX-listed New World Resources (NWR) in a transaction valued at A$185-million, adding the...
Oil firmer amid reports that Israel may attack Iran
Singapore Oil prices jumped more than 1% on Wednesday after reports Israel is preparing a strike on Iranian nuclear facilities, raising fears that a conflict...
Egypt to Receive €4 Billion in EU Budget Support Amid Economic Reforms and Regional Stability Efforts
In a landmark financial agreement aimed at strengthening economic resilience and regional stability, the European Union has pledged to provide €4 billion in budget support...
Budget 3.0: Godongwana Faces Tough Balancing Act Amid Economic Strain
As South Africa inches closer to the tabling of what is known as the ‘3.0 Budget’ for the 2025-26 financial year, Finance Minister Enoch Godongwana...
South Africa: Government Focuses on Economic Growth to Spur Employment
The South African government is intensifying efforts to drive economic growth as a primary strategy to combat rising unemployment, according to recent statements from top...
South Africa Dispatches First 2025 Avocado Shipment to China, Marking a Milestone in Agricultural Trade
South Africa has commenced its 2025 avocado export season with a significant milestone: the dispatch of its first shipment to China. This development underscores the...
Kenya Halves Digital Services Tax, but Content Creators Demand Comprehensive Support
The Kenyan government has announced a reduction in the Digital Services Tax (DST) from 3% to 1.5% as part of the Finance Bill 2025, aiming...
Ethiopia Stresses Need for Enhanced Intra-BRICS Partnerships in Tourism Sector
Ethiopia is calling for deeper collaboration among BRICS nations to strengthen tourism ties, following its recent admission into the bloc. The Ethiopian government emphasizes that...
Morocco Awards \$500 Million Continental Expressway Contracts
Morocco has awarded contracts totaling \$500 million for the development of key expressway projects aimed at enhancing regional connectivity and supporting the nation’s infrastructure development....
President Samia and Mozambique’s Chapo Commit to Strengthening Economic Ties Between Tanzania and Mozambique
Tanzanian President Samia Suluhu Hassan and Mozambique’s President Filipe Nyusi have pledged to enhance economic collaboration between their countries, marking a new phase in the...
AG Seeks to Strike Out Omtatah’s Petition on Sh4.6 Trillion Public Debt
The Attorney General (AG) has called for the dismissal of a petition filed by activist Okiya Omtatah, which challenges Kenya’s growing public debt, currently standing...
West Africa Upheaval Demands Joint Mining Ventures, Local Listings—Lobby Group Urges
In light of the ongoing political and security upheaval across parts of West Africa, a leading mining industry lobby group is calling for a radical...
Mali Cotton Output Falls 4.8% in 2024/2025 Season
Mali’s cotton production has dropped by 4.8% in the 2024/2025 season, marking a notable decline for one of West Africa’s leading cotton producers. According to...
eThekwini’s R5.9 Million Grant-in-Aid Funding for Community Development Under Scrutiny Amidst Oversight Concerns
eThekwini Municipality’s R5.9 million Grant-in-Aid funding, designated for community development initiatives, is currently under scrutiny following recent concerns about the allocation and utilization of public...
South Africa Rand Holds Steady Ahead of PMI Data Release
The South African rand remained stable on Monday as traders waited for the release of new Purchasing Managers Index PMI data which is expected to...
Treasury insists recent budget costs are not wasteful as spending supports economic recovery and long term growth plans
The National Treasury has defended the costs of the last two national budgets amid growing public debate saying the funds were used to support critical...
Finance Bill 2025: John Mbadi Proposes 16% VAT on Mobile Phones and More
In a move that could significantly impact consumer prices and the digital economy, National Assembly Finance Committee Chairperson John Mbadi has introduced a proposal in...