Zimbabwe’s tourism sector, still basking in the glow of being named the world’s best country to visit in 2025 by Forbes magazine, now faces a critical challenge that industry operators warn could undermine years of recovery efforts and damage the nation’s hard-earned reputation among international travelers. The introduction of a 15.5% value-added tax on tourism […]
Kenya’s agriculture sector recorded its slowest growth rate in over two years during the third quarter of 2025, expanding by just 3.2 percent as declining production in key export crops overshadowed gains in dairy and horticulture sectors. The subdued performance, down from 4.0 percent growth in the corresponding period of 2024, reflects mounting challenges facing […]
India’s economic trajectory continues to demonstrate resilience and momentum, with the National Statistics Office projecting that the country’s economy will grow at 7.4% in the fiscal year 2025/26, significantly exceeding the government’s initial projection range of 6.3%-6.8%. The forecast, released on Wednesday, January 7, 2026, marks a substantial acceleration from the 6.5% growth recorded in […]
The United States has significantly expanded its controversial visa bond program, adding Uganda, Nigeria, and 23 other nations to a list that now encompasses 38 countries whose citizens must post security deposits ranging from $5,000 to $15,000 when applying for business or tourist visas. The expansion, announced by the US State Department on Tuesday and […]
Thousands of Kenyan workers face an uncertain employment future as the government announced plans to shut down over 300 companies within the next three months, marking one of the most significant corporate registry clean-up operations in recent years. The sweeping action, announced through a gazette notice dated January 2, 2026, represents the latest phase in […]
Precious metals markets experienced a dramatic resurgence on Monday, January 6, 2026, as gold prices sprinted to more than a one-week high, edging closer to their record peak amid geopolitical turmoil sparked by the United States’ capture of Venezuelan President Nicolás Maduro over the weekend. The dramatic development sent shockwaves through global financial markets, triggering […]
South African motorists and businesses welcomed the new year with significant relief at fuel pumps as the Department of Mineral Resources and Petroleum announced substantial price decreases effective January 7, 2026. The reductions, among the largest in recent years, stem from a favorable convergence of factors: a strengthening rand that rallied approximately 13% against the […]
For nearly a quarter of a century, the story of Kenyan sugar was one of survival under a safety net. Since 2001, the industry has lived behind a protective wall known as the COMESA sugar safeguard—a legal shield that kept cheaper regional imports at bay while the country tried to fix its aging, debt-ridden mills. […]
The Organisation for Economic Cooperation and Development has finalised a landmark agreement on international corporate taxation, but the deal comes with a significant caveat that has drawn sharp criticism from tax transparency advocates: large US-based multinational corporations will be exempt from the 15 percent global minimum tax that the framework was designed to enforce. The […]
Nigeria has reaffirmed its commitment to strengthening its strategic bilateral trade and economic partnership with the People’s Republic of China, reflecting positively on the significant progress recorded in relations between both countries throughout 2025. The reaffirmation comes as data reveals that bilateral trade between the two nations has reached unprecedented levels, cementing China’s position as […]
Malaysia is stepping up its climate and sustainability ambitions with a bold financial strategy designed to channel billions of ringgit...
Several Chinese automakers including BYD, Forthing, Changan and GAC took center stage at Cambodia’s largest annual auto show, which opened...
Tunisia’s Ministry of Industry, Energy and Mines has launched a tender for the development of a 300 megawatt (MW) solar...
The London Stock Exchange Group (LSEG) has unveiled a new suite of sustainability ratings, ESG scores and analytics designed to...
