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 …
Fiscal Discipline
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BusinessEconomyGovernanceNewsPublic FinanceZIMBABWE
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EconomyFinance & ServicesGOVERNMENTInfrastructureNigeria
National Assembly Extends 2024 Capital Budget to December 2025 Amid Growing Fiscal Concerns
In June 2025, Nigeria’s National Assembly approved another extension of the capital portion of the 2024 national budget, moving its implementation deadline to December 31, 2025. This marks the second …
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EconomyFinance & ServicesGOVERNMENTInfrastructurePolitics
Senate, Reps Extend 2024 Capital Budget to December 2025 Amid Criticism
For the second time this year, Nigeria’s Senate and House of Representatives have approved an extension of the capital component of the 2024 national budget to December 31, 2025. The …
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EconomyFinance & ServicesGOVERNMENTINVESTMENTPoliciesPoliticsSouth Africa
Lesetja Kganyago Warns Against Populist Economic Promises in South Africa
The Governor of the South African Reserve Bank, Mr. Lesetja Kganyago, has spoken out against what he described as the rising influence of populist politicians in South Africa, warning that …
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AfricaBanking, Finance & InvestmentEconomyFinance & ServicesGOVERNMENTNigeriaPoliciesWestern Africa
CBN cuts Ways & Means by 59% in boost for reforms
The Central Bank of Nigeria (CBN) has reduced its Ways and Means advances to the Federal Government by 59 percent, signalling a new phase of fiscal discipline under the leadership …