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Tag: BUDGET ALLOCATION

Business / economics

Colombia’s Finance Minister Reportedly Set to Resign Amid Disagreements

March 18, 2025March 18, 2025 - by Liam Nguyen - Leave a Comment

Colombia’s Finance Minister, Diego Guevara, may resign amid disagreements with President Petro. The finance ministry has no official information confirming this. The Colombian peso has declined following these reports. The …

Colombia’s Finance Minister Reportedly Set to Resign Amid Disagreements Read More
Business / economics

Scrutiny Ahead: South Africa’s Budget and VAT Increase Challenges

March 17, 2025March 17, 2025 - by Liam Nguyen - Leave a Comment

South Africa’s lawmakers will review the 2025 budget soon, after the proposed VAT hike was largely rejected. Finance Minister Enoch Godongwana’s plan faces scrutiny, with only limited time for approval …

Scrutiny Ahead: South Africa’s Budget and VAT Increase Challenges Read More
Business / economics

Examining South Africa’s Budget Review and Proposed VAT Increase

March 17, 2025March 17, 2025 - by Carmen Mendez - Leave a Comment

South Africa’s lawmakers will review the 2025 budget, which includes a debated VAT hike. The budget faced rejection from major parties despite a reduced VAT increase. Lawmakers have three stages …

Examining South Africa’s Budget Review and Proposed VAT Increase Read More
Companies

Concerns Over Ghana’s 2025 Budget Credibility Raised by Dr. Amin Adam

March 14, 2025March 14, 2025 - by Marcus Chen - Leave a Comment

Dr. Mohammed Amin Adam has criticized the 2025 Budget presented by the Ghana government for lacking credibility and transparency in its fiscal projections. He urged scrutiny from the public and …

Concerns Over Ghana’s 2025 Budget Credibility Raised by Dr. Amin Adam Read More
Business / Companies / economics

Kenya’s Parliament Approves Sh405 Billion Allocation for Counties in 2025/26

March 13, 2025March 13, 2025 - by Allegra Nguyen - Leave a Comment

The National Assembly of Kenya has approved Sh405 billion for county governments in the 2025/26 financial year, as part of the Budget Policy Statement. Key allocations include Sh69.8 billion for …

Kenya’s Parliament Approves Sh405 Billion Allocation for Counties in 2025/26 Read More
Companies / economics

Overview of South Africa’s 2025 Budget Key Takeaways

March 13, 2025March 13, 2025 - by Marcus Chen - Leave a Comment

Finance Minister Enoch Godongwana presented South Africa’s 2025 Budget, which includes a VAT increase, significant allocations for social grants, health care, and public infrastructure, as well as reforms aimed at …

Overview of South Africa’s 2025 Budget Key Takeaways Read More
Business / Companies / economics

Ghana’s Projected Revenue and Expenditures for 2025

March 12, 2025March 12, 2025 - by Carmen Mendez - Leave a Comment

Ghana’s government expects total revenue and grants for 2025 to be GH¢223.8 billion, with expenditures at GH¢269.1 billion, leading to an overall deficit of GH¢43.8 billion. The budget emphasizes a …

Ghana’s Projected Revenue and Expenditures for 2025 Read More
Business / economics / Politics

South Africa’s Budget Negotiations Extend to Last Minute Before Presentation

March 12, 2025March 12, 2025 - by Allegra Nguyen - Leave a Comment

South Africa’s 2025 budget is facing last-minute negotiations, having been postponed due to disagreements over a VAT increase. The Democratic Alliance opposes the increase, creating a political impasse. Although the …

South Africa’s Budget Negotiations Extend to Last Minute Before Presentation Read More
Business / economics

NamRA Collects N$3.4 Million Through Whistleblower Hotline Efforts

March 12, 2025March 12, 2025 - by Liam Nguyen - Leave a Comment

NamRA has collected N$3.4 million through its whistleblower hotline, emphasizing its role in combating tax evasion and promoting accountability. Launched in 2023, the hotline has received 60 reports on various …

NamRA Collects N$3.4 Million Through Whistleblower Hotline Efforts Read More
Business / Companies / economics

Critical Oversight Functions at Risk Due to Funding Shortfalls in Kenya

March 11, 2025March 11, 2025 - by Carmen Mendez - Leave a Comment

The Controller of Budget in Kenya, Margaret Nyakang’o, has raised alarms about funding shortfalls that jeopardize government oversight functions. Key operations, such as the automation of financial processes, remain unfunded …

Critical Oversight Functions at Risk Due to Funding Shortfalls in Kenya Read More

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