Kenya has announced that it will raise almost two-thirds of its net borrowing for 2025 from the domestic market, as the government seeks to manage its rising debt and reduce …
Public Finance
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African DevelopmentDebt Management,EconomyGovernanceInternational AffairsKenyaPublic Finance
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Anti-CorruptionEconomyGovernanceLawNigeriaPublic FinanceTaxation
FIRS and EFCC Strengthen Partnership to Boost Tax Compliance and Protect Public Revenue
The Federal Inland Revenue Service (FIRS) and the Economic and Financial Crimes Commission (EFCC) have renewed their pledge to work more closely together in order to strengthen Nigeria’s tax compliance …
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Cost of LivingEconomyPoliticsPublic FinanceSocial WelfareUnited Kingdom
£1.3bn Loss After UK U-Turn on Winter Fuel Payments
The British government has suffered a major financial setback after Chancellor Rachel Reeves was forced to reverse plans to cut winter fuel payments for millions of pensioners. Instead of saving …
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CorruptionEconomyGovernanceInfrastructurePoliticsPublic Finance
Wike Denies Owing N5.2bn, Blames Civil Servants for Illegal Contracts
The Minister of the Federal Capital Territory, Nyesom Wike, has dismissed claims by local contractors that his administration owes them N5.2 billion, saying the debts were from irregular contracts awarded …
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BusinessEconomyFinanceGOVERNMENTMoroccoNewsPublic FinanceTrade
Morocco’s Customs Revenue Rises to MAD 54.79 Billion in First Seven Months of 2025
Rabat — Morocco’s customs revenue surged in the first seven months of 2025, hitting MAD 54.79 billion ($6.09 billion) — a 5.8% increase from the same period last year, according …
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BusinessEconomyGovernanceNewsPublic FinanceZIMBABWE
Zimbabwe Finance Minister Warns Over Procurement Chaos Draining Treasury
Zimbabwe’s Finance Minister, Professor Mthuli Ncube, has raised alarm over what he calls “procurement chaos” in government ministries, warning that it is draining the Treasury and putting the country’s fragile …
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DevelopmentEconomyGovernment PolicyOil & GasPublic Finance
Tinubu Orders Review of Revenue Deductions by NNPC, FIRS, Customs, NIMASA and Others
President Bola Ahmed Tinubu has ordered a full review of revenue deductions and retention practices by Nigeria’s major federal revenue-earning agencies. The directive was made public by the Minister of …
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President Bola Ahmed Tinubu has set an ambitious goal for Nigeria’s economy, announcing on Wednesday that his administration is targeting 7% annual economic growth by 2027. He said this would …
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Consumer AffairsEconomyGOVERNMENTInflationPolicy & RegulationPublic Finance
Zimbabwe’s Consumer Council Warns Against Speculative Pricing
The Consumer Council of Zimbabwe (CCZ) has urged the government to take firm action against the growing trend of speculative pricing, which is making life more difficult for ordinary citizens. …