Uganda’s Finance Minister, Matia Kasaija, says the country’s economy is expected to grow by at least 7% in the fiscal year starting July 2025. This optimistic projection comes at a …
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US Warns Zimbabwe May Miss Tariff Relief Deadline Amid Trade Talks Delays
HARARE, ZIMBABWE — Hopes for Zimbabwe to secure lower tariffs on its exports to the United States could be dashed due to time constraints, despite a temporary suspension granted by …
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IMF Demands Fiscal Discipline and Forex Reforms as Zimbabwe Pushes for Economic Recovery
HARARE, ZIMBABWE — The International Monetary Fund (IMF) is pressing Zimbabwe’s government to take bold and sustained steps to fix its economy. The global lender wants the country to show …
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Zimbabwe to Ban Export of Lithium Concentrate by 2027
HARARE, ZIMBABWE – The government of Zimbabwe has announced that it will stop all exports of lithium concentrate starting January 2027. This is part of its broader plan to boost …
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Ethiopian Airlines Dominates Africa’s Air Cargo Market With 35% Share
Ethiopian Airlines has emerged as the biggest cargo carrier on the African continent, now controlling a whopping 35 percent of the cargo market, according to a new report from the …
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Kenya Targets Safaricom and KPC to Fund Sh4.24 Trillion 2025/26 Budget
Kenya is gearing up to tap its biggest publicly listed companies, Safaricom and the government‑owned Kenya Pipeline Company (KPC), to fund its Sh4.24 trillion budget for the 2025/26 financial year, Finance …
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Kenya announces KSh 4.29 trillion budget for 2025/2026
The government of Kenya has unveiled its budget for the 2025/2026 financial year, with a total value of KSh 4.29 trillion, which is about $32.8 billion. This marks the first …
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Nigeria Owes Over $19.5m in UN Dues Despite Global Funding Crisis
Nigeria has only paid about 36 per cent of its financial contributions to the United Nations (UN) over the past five years, raising concerns about the country’s commitment to its …
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Afreximbank Facilitates $32 Billion in Ethiopian Trade Payments in 2024
The African Export-Import Bank (Afreximbank) has announced it facilitated a record USD 32 billion in international trade payments for Ethiopian businesses in 2024, through its AfPAY Trade Payment Services platform. …
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Ethiopia’s Income Tax Amendment Draws Fire Over Lack of Clarity on Salaried Brackets
A proposed amendment to Ethiopia’s Income Tax Proclamation is facing growing backlash from civil society groups, tax experts, and salaried workers over the absence of clear tax brackets for individuals, …