Exploring Affordable Education Amidst South Africa’s VAT Increase
The 2024 National Budget confirms a VAT increase from 15% to 16%, affecting educational costs. Many South African families are...
economics
South Africa Maintains Interest Rates Amid Global Trade Concerns
The South African Monetary Policy Committee has decided to maintain interest rates at 7.5% in light of global trade uncertainties...
Concerns Rise After South Africa Freezes Interest Rates Amid Inflation Stability
Seeff Property Group's Samuel Seeff criticized the South African Reserve Bank's decision to freeze interest rates at 7.50%, citing missed...
Egypt’s Economic Stability: Post-IMF and UAE Investment
Egypt's economy is stabilizing after receiving a $35 billion investment from the UAE and $8 billion from the IMF. The...
MEPs Approve Financial Support for Egypt and Jordan: Key Developments
The European Parliament's International Trade Committee has approved €4 billion in loans for Egypt and €500 million for Jordan to...
Malawi’s Economic Crisis Triggers Protests Ahead of Elections
Malawi faces widespread protests due to soaring prices and stark economic challenges, with inflation hitting 30%. Demonstrations, led by vendors,...
Iraq’s Economy Growth of 1.4% Signals Modest Recovery
Iraq's economy grew by 1.4% in the past Iranian year, indicating a modest recovery. This growth follows a contraction of...
Mozambique’s Income Tax Collections Increase Despite Economic Challenges in 2024
In 2024, Mozambique's income tax revenue rose by 4% to €2.226 billion, exceeding forecasts despite an economic growth slump. Personal...
Uruguay’s Economic Growth and Future Projections: A Review of 2024
Uruguay's economy grew by 3.1% in 2024, recovering from drought, yet growth is predicted to slow to 2-2.5% in 2025....
Chile Enacts Historic Pension Reform Under President Gabriel Boric
Chilean President Gabriel Boric has signed a transformative pension reform law aimed at revising a system from Pinochet's regime. Effective...
