Rising diplomatic tensions between the United States and South Africa are sending economic shockwaves throughout Southern Africa, with Namibia’s central bank governor warning that the dispute could have serious repercussions for Namibia’s financial stability and overall economic growth. At the heart of the issue is President Donald Trump’s recent executive order freezing all U.S. aid […]
The Nairobi Securities Exchange (NSE) has unveiled an ambitious five-year strategy aimed at attracting 9 million active retail investors, both domestically and in the diaspora. The initiative, which commenced in February 2024, seeks to rejuvenate Kenya’s capital markets by increasing market participation, modernizing trading infrastructure, and introducing new financial instruments to make investing more accessible […]
The global cryptocurrency market witnessed heightened volatility and a significant downturn following a series of major macroeconomic announcements, including new tariffs proposed by the U.S. President Donald Trump, a landmark Bitcoin tax exemption bill in the Czech Republic, and increasing demand for gold-backed cryptocurrencies amid bullish gold price forecasts by major banks. Market Reaction to […]
South Africa’s Expropriation Act of 2025 marks a historic shift in the country’s land reform policies, replacing the outdated Expropriation Act of 1975. The new law introduces a more transparent and structured framework for land expropriation, ensuring that compensation principles align with constitutional mandates. The 1975 Act, originally drafted during the apartheid era, favored state […]
In a groundbreaking ruling, the High Court of Kenya has declared that the failure of the national and county governments to allocate at least 30% of their budgets to development expenditures is unconstitutional and unlawful. This decision follows a petition filed by the Kenya Human Rights Commission (KHRC) in 2024, challenging the government’s recurrent spending […]
In a significant policy shift that has sent shockwaves across global markets, President Donald Trump has announced plans to impose new tariffs on aluminum imports. The proposed measures, which include a 25% tariff on imports from Mexico and most Canadian goods, along with a 10% tariff on Chinese goods, are set to take effect on […]
In a historic development, Nigeria and Bahrain have officially signed a landmark trade and diplomatic agreement aimed at strengthening bilateral ties, fostering economic cooperation, and facilitating investments between the two nations. This agreement represents a crucial step in deepening economic collaboration and opening new opportunities for businesses and investors in both countries. The signing took […]
The Kenya Revenue Authority (KRA) has released draft amendments to tax procedures governing the importation, assembly, and manufacture of motor vehicles, motorcycles, and trailers. The amendments, open for public review and feedback until February 21, 2025, seek to bolster Kenya’s industrial sector, promote electric vehicle (EV) adoption, and reduce reliance on imported automotive components. This […]
The Bank for International Settlements (BIS), the global umbrella organization for central banks, has issued a stark warning about the risks posed by U.S. President Donald Trump’s economic policies. In a speech delivered in Mexico City, BIS General Manager Agustin Carstens outlined the growing concerns surrounding trade tensions, deregulation, and loose fiscal policies, all of […]
The African Union (AU) is set to take a historic step in reshaping the global financial landscape with the establishment of the Africa Credit Rating Agency (AfCRA). The agency, which will be officially launched next week during the 37th AU Ordinary Summit, aims to counteract biases in existing global credit rating systems and provide fairer, […]
President William Ruto has announced a landmark agreement with the United States International Development Finance Corporation (DFC) that promises to...
The global green economy has crossed a significant threshold, surpassing $5 trillion in annual value and positioning itself as the...
South Africa's agricultural sector embarked on a transformative regulatory journey as the Department of Agriculture officially brought the Plant Improvement...
Kenya's private sector recorded its strongest performance in five years during November 2025, with the Stanbic Bank Kenya Purchasing Managers'...
