The recent G20 foreign ministers' meeting revealed significant economic divisions, as global economic challenges, including ...
The African Development Bank (AfDB) has officially unveiled five candidates for its upcoming presidential election, scheduled ...
Investors holding Ethiopia's defaulted $1 billion bond have contested the International Monetary Fund's (IMF) evaluation of the country's debt relief needs. They argue that the IMF has underestimated ...
Kenya is set to receive a $1.5 billion loan from the United Arab Emirates (UAE) by the end of next week, according to sources ...
Finance Minister, Enoch Godongwana, proposed raising the value-added tax (VAT) from 15% to 17% to address a significant budget deficit. This proposal led to a cabinet rift, resulting in the ...
Kenya's tea industry faces potential setbacks following a diplomatic dispute with Sudan. The Sudanese government recalled its ambassador after Kenya hosted a political meeting for Sudan's Rapid ...
Anglo American has reduced the value of its diamond subsidiary, De Beers, by $2.9 billion, marking the second consecutive year of such writedowns. This adjustment reflects ongoing challenges in the ...
The African Growth and Opportunity Act (AGOA), granting duty-free access to the U.S. market for eligible African countries, ...
Kenya's tax authorities are investigating British American Tobacco Kenya (BAT Kenya) for a $28 million tax discrepancy. The ...
Africa’s young population faces high unemployment and inflation, stifling economic progress. Despite better education, many ...
South Africa’s Finance Minister, Enoch Godongwana, has drawn criticism for proposing a 2% increase in Value Added Tax ...
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