Mozambique’s Debt Interest Costs Surge 12% in 2024
In 2024, Mozambique's debt interest expenses rose by 12% to 57.608 billion meticais (€857.4 million), compared to 49,929 million meticais...
economics
U.S. Treasury Revokes Chevron’s Operations in Venezuela Amid Sanction Changes
The U.S. Treasury has issued a 30-day eviction notice to Chevron, cutting its operations in Venezuela due to Trump's reversal...
Economic Analysts Warn of Tariff Implications for Brazil’s Trade Landscape
Economists indicate that President Trump’s tariffs on key trading partners may eventually affect Brazil's trade, but immediate effects are minimal....
Trump Addresses Congress: Issues Warning on India’s Tariffs and Reciprocal Trade Measures
In his address to Congress, President Donald Trump condemned India's high tariffs, particularly on U.S. automobiles, and announced the implementation...
Uzbekistan’s Banking Sector Outlook Remains Stable Despite Rise in Problem Loans
In 2024, Uzbekistan's banking sector faces a rise in problem loans to 7%, yet Moody’s indicates a stable outlook due...
Concerns Over Proposed VAT Increase Impact on South Africa’s Consumer Spending
The CEO of Shoprite expressed concerns over a proposed VAT increase in South Africa, which could derail the recovery in...
IMF Recommends Targeted Social Interventions to Address Nigeria’s Economic Challenges
The IMF has recognized Nigeria's economic challenges and recommended targeted social interventions to address issues such as the rising cost...
IMF Urges Nigeria to Balance Economic Reforms with Social Investments
The IMF has urged Nigeria to accompany its economic reforms with social investments to mitigate the impact on the poorest...
Experts Caution Liberia Against Railway Operator Replacement Without Economic Justification
Economic experts in Liberia caution against the government's plan to replace ArcelorMittal with a new operator for the Buchanan-Yekepa railway....
Zimbabwe Anticipates Record Tobacco Harvest of 300 Million Kilogrammes This Year
Zimbabwe expects a tobacco harvest of 300 million kilogrammes this year, bolstered by significant rainfall and increased production from smallholder...
