South Africa’s Economic Health Under Scrutiny Amid Political Tensions
South Africa's economy is currently impacted by various factors including manufacturing and mining data releases, political discussions, and global market...
Business
South Africa to Increase VAT to 16%: Key Implications and Measures
South Africa will increase its VAT by 0.5 percentage points over the next two years, reaching 16% by the 2026/27...
China’s Lending Practices Drive Maldives Towards Economic Sovereignty Crisis
The Maldives is facing a grave debt crisis attributed to mounting external obligations mainly from China and India. The national...
Potential Adjustments to South Africa’s Budget Amid Political Opposition
South Africa's Finance Minister Enoch Godongwana suggests possible adjustments to the budget following political disagreements regarding a VAT hike. The...
Standard Bank Achieves 4% Growth in Annual Profit
Standard Bank announced a 4% rise in annual profit, with headline earnings at 44.5 billion rand, and declared a final...
Standard Bank Reports 4% Increase in Annual Profit for 2023
Standard Bank reported a 4% increase in annual profit, with headline earnings rising to 44.5 billion rand, and announced a...
Jamaica Sees Reduction in Fuel Prices Effective December 5, 2024
Starting December 5, 2024, gasoline prices in Jamaica will decrease by $3.06 for both 90-octane and 87-octane. Diesel prices will...
Parthian Capital Launches Funds to Strengthen Nigeria’s Investment Market
Parthian Capital has launched two investment funds: the Parthian Money Market Fund and the Parthian Dollar Fund. These funds are...
Kenya’s National Assembly Approves Sh405 Billion Budget for Counties in 2025/26
On March 12, 2023, the National Assembly approved Sh405 Billion for counties in the 2025/26 fiscal year, with additional allocations...
Brazil Advances Blockchain Payment System Proposal for BRICS
Brazil is proposing a blockchain payment system for BRICS to enhance trade and reduce transaction costs. The initiative, discussed at...
