Nigeria’s Finance Minister has set out a bold economic agenda — one that hinges on more than doubling the country’s current growth rate, digitising government revenue, and deploying the country’s newest tax reform champion into the front lines of fiscal policy. But against a backdrop of projections showing up to 141 million Nigerians living in […]
A bell rang at the Nairobi Securities Exchange on the morning of Tuesday, March 10, 2026. It was a short, ceremonial act. But for Kenya, the implications are anything but brief. President William Ruto, flanked by Treasury Cabinet Secretary John Mbadi, Energy CS Opiyo Wandayi, and NSE Chairman Kiprono Kittony, marked one of the most […]
Global energy markets are in turmoil. Oil prices have surged to their highest levels since Russia’s 2022 invasion of Ukraine, stock markets from Tokyo to London are sliding, and economists are warning of a potentially historic disruption to the world’s energy supply — all stemming from the US-Israel war on Iran that began on February […]
South Africa closed out 2025 with annual economic growth of 1.1 percent — the fastest pace since 2022, but still well short of what the country needs to dent unemployment, ease fiscal pressure, or inspire the kind of investor confidence that drives lasting prosperity. Data released by Statistics South Africa (StatsSA) on Tuesday confirmed that […]
President William Ruto has signed into law the National Infrastructure Fund (NIF) Bill, 2026, formally launching what his administration describes as the most consequential shift in how Kenya will finance its development ambitions in the post-independence era. The signing ceremony, held at State House in Nairobi on Monday, was attended by senior government officials including […]
Wall Street’s biggest banks are sounding the alarm: if oil prices remain elevated following the widening U.S.-Israeli military campaign against Iran, the consequences for U.S. corporate earnings could be far more severe than markets are currently pricing in. Goldman Sachs, in a note published Friday, placed sustained oil disruption at the top of its risk […]
Ghana is pressing ahead with one of the most ambitious overhauls of its gold royalty framework in decades, refusing to bow to an unprecedented coalition of foreign governments and global mining executives who have urged Accra to stand down. The new sliding-scale royalty regime, set to take effect on Tuesday, places Ghana at the centre […]
Kenya’s National Assembly Budget and Appropriations Committee has proposed a Sh2.878 trillion national government spending ceiling for the 2026/27 financial year, setting the stage for a significant parliamentary debate over the country’s fiscal direction as the government attempts to balance growth investment against a mounting debt burden and persistent structural challenges. The figure was tabled […]
The American jobs market delivered a jarring shock in February, as the economy shed 92,000 nonfarm payroll jobs — a result that blindsided analysts, rattled financial markets, and revived deep anxieties about whether the United States is drifting toward a more serious economic downturn. The unemployment rate rose to 4.4%, up from 4.3% in January, […]
A landmark report from the United Nations Economic Commission for Africa is set to reframe how the continent thinks about growth, industrialisation, and the digital economy. The forthcoming Economic Report on Africa 2026 (ERA 2026), titled “Growth through Innovation: Harnessing Data and Frontier Technologies for Africa’s Economic Transformation,” makes a pointed argument: Africa cannot continue […]
Nigeria's Finance Minister has set out a bold economic agenda — one that hinges on more than doubling the country's...
Circle’s tokenized money market fund, USYC, has surpassed $2 billion in assets under management, marking a significant milestone in the...
Dogecoin experienced a sharp price increase after Elon Musk announced the upcoming launch of X Money, a new payment feature...
Mwalimu National Deposit-Taking Sacco has booked a Sh960.3 million net impairment charge on financial assets for the year ended December...
