A new study by the World Bank, United Nations, European Commission, and the Ukrainian government has revealed that Ukraine now requires an estimated $524 billion to rebuild its economy—a figure that is nearly three times its expected economic output for 2024. The study, which incorporates data from Russia’s invasion starting three years ago through December […]
In a statement amid growing public discontent, the South African Communist Party (SACP) has firmly rejected the government’s proposed Value-Added Tax (VAT) increase and is calling for a comprehensive overhaul of the nation’s tax system. At a recent Political Bureau meeting, the SACP expressed its full backing for SARS commissioner Edward Kieswetter’s proposal for the […]
A recent report by Elite Mawu Agency has found that inadequate branding is costing Kenyan SMEs as much as 60% of their potential revenue. The report, titled the Kenya Branding Report Card 2025, paints a concerning picture of the challenges faced by businesses in diverse sectors—including fast-moving consumer goods, manufacturing, real estate, logistics, agriculture, and […]
Indian Prime Minister Narendra Modi declared during the inauguration of the mega “Invest Madhya Pradesh – Global Investors Summit-2025” in Bhopal that India will continue to be the fastest growing economy in the world. This powerful statement echoes the recent assessment by the World Bank, which has identified India as a standout performer in a […]
Tanzania’s mining regulator has mandated that all gold mining firms and traders sell at least 20% of their gold to the country’s central bank. This directive, which took effect in October following the enactment of new mining regulations, is part of a broader strategy by the Bank of Tanzania (BoT) to diversify its reserves and […]
In a significant development amid ongoing challenges in Kenya’s healthcare financing, the Rural and Urban Private Hospitals Association (RUPHA) has issued clear guidelines to ensure that patients enrolled under the Social Health Authority (SHA) scheme continue to receive essential medical treatment. The announcement, made at a press conference on Sunday, comes as private hospitals brace […]
In a landmark series of agreements that underscore the deepening ties between the United Arab Emirates and China, top government entities and leading private sector companies from Abu Dhabi and China have inked multiple deals to boost economic, trade, and technological co-operation. The agreements, signed during a high-profile visit by an Abu Dhabi economic delegation […]
In a historic display of government support and private sector dynamism, Nigerian fintech giant Flutterwave has received President Bola Tinubu’s unequivocal backing for its bid to list on the Nigerian Exchange Limited (NGX). This high-stakes meeting, held at the Presidential Villa in Abuja on February 23, 2025, brought together top leadership from Flutterwave, Alami Capital, […]
In a decisive step aimed at boosting fiscal discipline and stimulating economic activity, Kenya’s Pending Bills Verification Committee has approved the payout of Ksh 236 billion from the more than Ksh 600 billion inherited by the Kenya Kwanza administration. Principal Secretary for the National Treasury and Economic Planning, Chris Kiptoo, announced the approval during his […]
In a dramatic turn that has stirred debates among economists and policymakers alike, President Donald Trump has floated a provocative plan that could see 20% of savings generated by Elon Musk’s newly established Department of Government Efficiency (DOGE) returned directly to American taxpayers. Dubbed the “DOGE Dividend,” this initiative—if implemented—would not only redistribute federal savings […]
Starting May 1, 2026, Kenyan agricultural products will enter the Chinese market completely free of import duties — a development...
On Monday, March 16, 2026, Cuba's national electricity grid suffered a complete collapse, plunging the island nation of roughly 10...
African mining markets are experiencing an unprecedented surge in greenfield exploration, as governments and private investors race to secure new...
Kenya's Real Estate Investment Trusts market has reached a valuation that would have seemed improbable just five years ago. Data...
