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Tag: DEFICIT

Politics

Internal Rebellion Against Zimbabwe’s President Mnangagwa Amid Leadership Crisis

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

President Mnangagwa is facing unprecedented criticism from Zanu-PF party members demanding his resignation due to his attempts to extend his presidency, marking a significant challenge to his leadership since taking …

Internal Rebellion Against Zimbabwe’s President Mnangagwa Amid Leadership Crisis Read More
Global news

South Africa’s ANC Ready to Engage All Parties on Budget Issues

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

The ANC is open to discussions with all political parties to address the contentious budget, according to Secretary-General Fikile Mbalula. This comes after major parties rejected Finance Minister Godongwana’s budget …

South Africa’s ANC Ready to Engage All Parties on Budget Issues Read More
Politics

Democratic Party Exits Kenya Kwanza, Muturi’s Future Uncertain Amid Ruto’s Plans

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

The Democratic Party has issued a 30-day notice to exit the Kenya Kwanza coalition, introducing uncertainty surrounding Justin Muturi’s future in government. This departure aligns with President Ruto’s intentions to …

Democratic Party Exits Kenya Kwanza, Muturi’s Future Uncertain Amid Ruto’s Plans Read More
Politics

Ecuador’s Proposal to Waive Electoral Fines Raises Legal Concerns

March 12, 2025March 12, 2025 - by Marcus Chen - Leave a Comment

The Emergency Operations Committee in Ecuador plans to recommend the waiver of electoral fines for residents in emergency zones, a move criticized by legal experts for violating electoral law. The …

Ecuador’s Proposal to Waive Electoral Fines Raises Legal Concerns Read More
Business / Companies / economics

South Africa 10-Year Bond Yield Reaches 9-Month High Amid Budget Tensions

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

The South Africa 10-year bond yield has risen to about 10.75%, its highest since June 2024, driven by new budget tensions. A revised budget by Finance Minister Enoch Godongwana was …

South Africa 10-Year Bond Yield Reaches 9-Month High Amid Budget Tensions Read More
Politics

Democratic Alliance Rejects South African National Budget Support

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

The Democratic Alliance, South Africa’s second largest party, led by John Steenhuisen, will not support the national budget in its current form, following the African National Congress’s loss of parliamentary …

Democratic Alliance Rejects South African National Budget Support Read More
Politics

South Africa’s Revised Budget Proposes Smaller VAT Hike Amidst Political Disputes

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

South Africa’s National Treasury is proposing a smaller VAT hike of 0.5 percentage points after initial opposition to a 2-point increase. Disputes within the ruling coalition remain, with the Democratic …

South Africa’s Revised Budget Proposes Smaller VAT Hike Amidst Political Disputes Read More
Politics

Colombia’s Defense Minister Unveils Security Measures Against Drug Violence

March 12, 2025March 12, 2025 - by Marcus Chen - Leave a Comment

Colombia’s Defense Minister, Iván Velásquez, announces measures to combat drug trafficking and associated violence. Key strategies include bolstering military presence and enhancing law enforcement collaboration. The goal is to restore …

Colombia’s Defense Minister Unveils Security Measures Against Drug Violence Read More
Politics

Ken Msonda Faces Crushing Defeat in MCP Primaries for Rumphi East

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

Ken Msonda suffered a significant defeat in the MCP primaries for the Rumphi East Constituency, receiving only eight votes against 285 for Otton Thindwa and 509 for Alfred Nyasulu. This …

Ken Msonda Faces Crushing Defeat in MCP Primaries for Rumphi East Read More
Companies

Nigerian Authorities Cautiously Regulate Africa’s Largest Cryptocurrency Market

March 12, 2025March 12, 2025 - by Sofia Nawab - Leave a Comment

Nigerian authorities are taking cautious steps to regulate the largest cryptocurrency market in Africa. This move aims to bring legal clarity to a sector known for fraud and volatility, reflecting …

Nigerian Authorities Cautiously Regulate Africa’s Largest Cryptocurrency Market Read More

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