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Concerns arise from Tanzania’s private sector regarding fiscal proposals in the 2025/26 budget, especially a proposed 10% withholding tax on retained earnings. Business leaders fear this will hamper reinvestment and …
Tanzania’s Private Sector Raises Concerns Over 2025/26 Budget Proposals Read More
Brazil’s government plans to unveil a new fiscal package to balance public accounts following backlash from a previous tax hike. The measures are expected to focus on structural reforms to …
Brazil to Present Fresh Fiscal Package in Bid to Balance Public Accounts Read More
With only five months until Argentina’s midterm elections, President Javier Milei is focusing on strengthening the peso as a key campaign strategy. His administration has lifted some currency controls, introduced …
Milei Strengthens Peso Strategy Ahead of Critical Midterm Elections Read More
South Africa’s finance ministry has decided not to increase VAT from 15% as planned due to political opposition. This decision will result in a significant revenue shortfall of approximately 75 …
South Africa Reverses Planned VAT Increase Amid Political Opposition Read More
Argentina’s peso fell over 11% against the US dollar after President Milei’s government eased currency controls for a $20 billion IMF bailout. The decision poses political risks with elections approaching …
Argentina’s Peso Declines Sharply Following Eased Currency Controls Read More
Argentina’s history with the IMF spans over six decades, marked by multiple loan agreements totaling $177 billion. The recent approval of a $20 billion program aims to address severe economic …
Argentina’s Complex Relationship with the IMF: A Historical Overview Read More
Argentina is removing significant currency controls and allowing the peso to fluctuate freely as part of a $20 billion IMF agreement. This policy shift includes the removal of restrictions on …
Argentina Dismantles Currency Controls Ahead of IMF Financial Agreement Read More
The South African Parliament has passed the 2025 Budget, which includes a contentious VAT increase. It was approved by a narrow margin, with 194 votes for and 182 against. Finance …
South African Parliament Passes 2025 Budget Despite VAT Hike Controversy Read More
In the Peru mayoral election, Ken Kolowski leads Doug Bernabei significantly, reporting 1,679 votes to 561. Both candidates are debating key issues, including inflation versus a financial crisis, while discussions …
Ken Kolowski Leads Doug Bernabei in Peru Mayoral Election 2025 Read More
In the Peru mayoral election, incumbent Ken Kolowski leads with 1,679 votes to Doug Bernabei’s 561, as unofficial results indicate. The candidates disagreed on key city issues like inflation and …
Election 2025: Ken Kolowski Leads Doug Bernabei in Peru Mayoral Race Read More