Nigel Farage has dramatically scaled back Reform UK’s headline tax promises, telling City audiences that the party can no longer guarantee the tens of billions of pounds in immediate tax cuts set out in its 2024 manifesto. Instead, the party leader framed tax relief as a longer-term goal contingent on steep reductions in public spending […]
The sub-region of West Africa is undergoing a critical shift in its economic governance architecture as the Economic Community of West African States (ECOWAS), through its Private Sector Directorate, intensifies preparations for the formal launch of the ECOWAS Business Council (EBC). A meeting held on 28 October 2025 in Abuja, Nigeria, convened the Technical Working […]
President William Ruto has unveiled one of the most ambitious economic transformation agendas in Kenya’s history, outlining a comprehensive Sh4 trillion infrastructure and productivity plan designed to propel the East African nation from its current developing country status to a first-world economy within the next three decades. The bold initiative, which will soon be presented […]
The world’s two largest economies have stepped back from the brink of an all-out trade war after President Donald Trump and Chinese President Xi Jinping reached a comprehensive trade agreement during a historic face-to-face meeting in South Korea. The deal, confirmed by the White House in a detailed fact sheet released following the October 30, […]
The Federal Government of Nigeria is embarking on a comprehensive strategy to eliminate the export of unprocessed mineral ores from the country, marking a decisive shift in the nation’s approach to leveraging its vast natural resource endowments for sustainable economic development. This transformative policy direction was emphatically articulated at the 40th Annual General Meeting of […]
The Kenya Revenue Authority (KRA) has recorded a stunning 256.7 % increase in tax collections at Kisumu Port for the 2024/25 fiscal year, up to Kenyan Shilling 107 million from Sh30 million prior year. (KRA) The surge is attributed primarily to tighter surveillance by the KRA’s Marine Unit, the closure of revenue loopholes along Lake […]
In a dramatic turn of events at the Asia‑Pacific Economic Cooperation (APEC) summit in Busan, South Korea, U.S. President Donald Trump and Chinese President Xi Jinping emerged from a tête-à-tête described by Trump as an “amazing meeting,” announcing a significant recalibration of sweeping tariffs on Chinese imports. Under the deal, tariffs that had surged to […]
South Africa’s long-running conversation about preparing young people for the digital economy has moved decisively from pilots to national scale. Microsoft South Africa, working with Germany’s international cooperation agency GIZ and in coordination with South Africa’s higher-education authorities, has launched Ikamva Digital—a learning platform designed to put industry-aligned, mobile-first training in the hands of students, […]
Kenya’s electricity sector has reached a critical juncture as the nation recorded unprecedented peak demand of 2,411.98 megawatts (MW) and the highest-ever daily energy consumption of 44,122.60 megawatt-hours (MWh) on Friday, October 24, 2025. This milestone, while indicative of robust economic growth and expanding electricity access, has simultaneously exposed a concerning vulnerability in Kenya’s power […]
The Federal Reserve announced a quarter-point reduction to its benchmark interest rate on Wednesday, bringing the federal funds rate to a range between 3.75% and 4%—the lowest level in three years. However, this latest monetary policy decision was marked by extraordinary complications, including the absence of critical economic data due to an ongoing government shutdown […]
Africa's payments ecosystem has long presented a paradox: one of the fastest-growing digital commerce markets on the planet, yet one...
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...
