NKHATA BAY — In a major step toward modernising border security and migration management, Malawi has launched a one-year pilot phase of the Marine Border Project in Nkhata Bay District, …
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- EconomyInternational RelationsPoliciesTrade and Commerce
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 …
- BusinessEconomyGOVERNMENTPolicies
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 …
- BusinessDevelopmentEconomyEnergyInfrastructureINVESTMENTPoliciesTrade and Commerce
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 …
- Finance & ServicesInfrastructureKenyaMarketsPolicies
CBK Moves to Raise KSh 50 Billion from Reopened Bonds
he Central Bank of Kenya (CBK) has announced plans to raise KSh 50 billion through the reopening of two infrastructure bonds to support the country’s growing financial needs. The move …
- DevelopmentFinance & ServicesGOVERNMENTPolicies
Ethiopia Establishes Disaster Risk Response Fund Amid Global Aid Cuts
Parliament has voted to establish the Ethiopian Disaster Risk Response Fund, in a landmark move designed to reduce the country’s growing reliance on foreign aid in the face of recurring …
- EconomyFinance & ServicesGOVERNMENTLabourPolicies
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, …
- Eastern AfricaEconomyFinance & ServicesPolicies
Ethiopia’s Foreign Debt Payments to Consume Nearly 30% of Proposed 2025/26 Budget
Foreign debt servicing is set to consume nearly 30% of Ethiopia’s proposed federal budget for the 2025/26 fiscal year, Finance Minister Ahmed Shide told lawmakers on Tuesday, as the country …
- Banking, Finance & InvestmentBusinessEastern AfricaINVESTMENTPolicies
Kenya’s KCB Group Set to Become First Foreign Bank to Enter Ethiopian Market
Kenya Commercial Bank (KCB) Group Limited is poised to become the first foreign banking institution to enter the Ethiopian financial services sector, following the country’s recent banking liberalisation reforms. Sources …
- BusinessEconomyINVESTMENTPoliciesSouth AfricaTrade and Commerce
South African Business Confidence Improves Slightly in May Amid Strong Rand and Commodity Rally
Business confidence in South Africa picked up modestly in May, rebounding from a sharp decline in April, according to data released by the South African Chamber of Commerce and Industry …