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...
economics
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,...
Tanzania’s Budget Proposals: Praises and Concerns Over Increased Borrowing
The Tanzanian budget proposal for the 2025/26 fiscal year amounts to Sh57.04 trillion, raising concerns among stakeholders about the reliance...
Economic Insights: U.S. Inflation, Brazil’s Egg Exports, and European Defense Gains
U.S. prices rose 2.8% annually in February, reflecting lower inflation fears; Brazil increased egg exports to the U.S. by over...
I&M Bank Rwanda Reports 74% Increase in Net Profit for 2024
I&M Bank Plc achieved a 74% rise in net profit for 2024, reaching Rwf18.6 billion. Asset growth and strategic initiatives...
Mastercard’s 2025 Economic Outlook for South Africa: Navigating towards Recovery
The Mastercard Economics Institute projects South Africa's GDP to grow by 1.7% in 2025, with a 1.9% increase in consumer...
Mastercard Economics Institute’s 2025 Economic Outlook for Nigeria: Navigating Change
The Mastercard Economics Institute's 2025 Economic Outlook for Nigeria forecasts a GDP growth of 2.9% and a 6% increase in...
Impact of Increased Tariffs on U.S. Tech Firms and Their Future Strategies
U.S. tech firms, exemplified by Deena Ghazarian's Austere, are grappling with the economic implications of increased tariffs imposed by President...
South Africa’s Revised Budget Faces Backlash Amid Economic Concerns
South Africa's Finance Minister unveiled a revised budget proposing a smaller VAT increase, facing immediate rejection from opposition parties. Despite...
