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Kenya’s Current Account Deficit Surges to Three-Year High as Import-Driven Pressures and Debt Obligations Mount

Kenya’s external financial position deteriorated sharply in the third quarter of 2025, with the current account deficit expanding more than threefold to reach Sh135.3 billion—a three-year high that underscores mounting pressures on the country’s balance of payments and signals intensifying challenges for policymakers attempting to maintain macroeconomic stability amid robust economic growth. The widening deficit, […]

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U.S. Trade Deficit Plunges to 16-Year Low as Trump Tariff Strategy Reshapes Global Commerce

The United States trade deficit collapsed to its lowest level in more than 16 years during October 2025, delivering a dramatic validation of President Donald Trump’s tariff-centric trade strategy while simultaneously raising questions about the sustainability and broader economic implications of this historic trade policy transformation. According to data released Thursday by the Department of […]

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Zimbabwe’s New VAT Policy Threatens to Derail Tourism Momentum as Industry Grapples With Pre-Booked 2026 Contracts

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 […]

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Kenya’s Agricultural Sector Growth Slows to 3.2% as Coffee and Tea Exports Plunge

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 […]

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India’s Economy Set for Robust 7.4% Growth in 2025/26, Exceeding Initial Projections

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 […]

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Precious Metals Surge to Multi-Week Highs as US-Venezuela Tensions Ignite Safe-Haven Demand

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 […]

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South Africa Begins 2026 With Major Fuel Price Relief as Rand Strength and Oil Declines Converge

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 […]

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Kenya exits the COMESA sugar safeguard after 24 years

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. […]

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