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...
economics
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...
Ecuador’s CONAIE Shifts Support Towards Leftist Candidate Gonzalez
The CONAIE, Ecuador's major Indigenous organization, has declined support for President Daniel Noboa in favor of leftist candidate Luisa Gonzalez,...
US Dollar Gains Value Against Jamaican Currency Amid Economic Developments
On March 12, 2025, the US dollar ended at $157.72, up six cents, while the Canadian dollar and British pound...
PIED Calls for Effective Implementation of Progressive 2025 Budget Policies
The Policy Initiative for Economic Development (PIED) commends the 2025 budget as progressive, highlighting the importance of effective implementation to...
The Necessity of Borrowing in Kenya Amidst Rising Living Costs
In Kenya, over one-third of the population is increasing borrowing due to high living costs and delayed income. Shifting from...
South Africa Plans Increased Health and Defense Spending Following U.S. Aid Cuts
South Africa's lawmakers aim to increase health and defense funding following U.S. aid cuts, proposing a 0.5% VAT increase that...
