Overview of South Africa’s 2025 Budget Highlights
Finance Minister Enoch Godongwana presented South Africa's 2025 Budget, which includes planned VAT increases and substantial funding for health and...
economics
South Africa’s Budget Sparks Outrage Despite Reduced VAT Proposals
South Africa's Finance Minister Enoch Godongwana presented a revised budget featuring a staggered VAT increase to 16% by 2026/27. The...
Argentina Moves to Secure New IMF Agreement Through Decree
Argentina's government has initiated the formalization of a new IMF program through a decree designed to secure necessary financial support...
South Africa Announces Over $54 Billion Investment in Public Infrastructure
South Africa will invest over 1 trillion rand (about 54.5 billion USD) in public infrastructure within the next three years...
Surge in Brazil’s Consumer Prices Puts Pressure on President Lula
Brazil's consumer prices rose 1.31% in February, the highest increase since 2022, with annual inflation reaching 5.06%. The central bank...
Trump’s Trade War: A Comprehensive Timeline of Recent Developments
Former President Donald Trump has initiated another trade war by imposing tariffs on major trading partners, including Mexico, Canada, and...
Proposed VAT Increase Sparks Controversy in South African Budget Process
Finance Minister Enoch Godongwana's proposed VAT increase in South Africa has faced substantial opposition from various political parties. Critics argue...
South Africa Plans Increased Spending on Health and Defense Amid U.S. Aid Cuts
South Africa intends to increase health and defense budgets and raise VAT by 0.5% due to U.S. aid cuts, stressing...
Nubank Introduces Free Instant Transfers in Colombia
Nubank has partnered with Redeban to offer instant, free transfers for users in Colombia. The feature allows transactions to and...
Professor Hanke Identifies Zimbabwe’s ZiG as Second Worst Currency Globally
Professor Steve Hanke ranks Zimbabwe's ZiG as the second worst currency worldwide, losing 50% of its value in ten months,...
