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The South African rand has rebounded by 0.7% against the dollar, driven by rising gold prices and a surge in vehicle sales. Despite ongoing challenges in the manufacturing sector, the …
June South Africa Rand Forecast: USD/ZAR Soars Toward R17 on Auto Sales, SARB Cuts Read More
The South African rand weakened to 17.9225 per dollar on Tuesday ahead of the SARB’s expected interest rate cut to 7.25%. Inflation remains below the target range, and recent economic …
South African Rand Weakens Amid Anticipation of Interest Rate Cut Read More
According to the World Bank’s latest report, almost half of Nigerians live in poverty, driven by inflation that outpaces minimum wage growth. It notes that 46% of the population now …
World Bank: Nearly Half of Nigerians Living in Poverty Amid Rising Inflation Read More
In 2024, Nigeria allocated $2.32 billion for debt servicing to the World Bank and IMF, a sharp increase from $998.92 million in 2023. Servicing payments to the IMF reached $1.63 …
Nigeria Allocates $2.32 Billion for Debt Servicing to World Bank and IMF in 2024 Read More
Iraq’s economy grew by 1.4% in the past Iranian year, indicating recovery from a previous contraction. This growth is influenced by increased oil production and stability in oil prices. However, …
Iraq’s Economy Grows by 1.4%: Indicators of Recovery? Read More
Mozambique’s income tax revenue increased by 4% to €2.226 billion in 2024, exceeding forecasts. Personal Income Tax and Corporate Income Tax showed significant contributions. However, the economy grew only 1.9%, …
Mozambique’s Income Tax Collections Rise Amid Economic Challenges in 2024 Read More
Uruguay’s economy grew by 3.1% in 2024 following a drought, with GDP increasing by 3.5% in Q4. However, growth is expected to slow to 2-2.5% in 2025, as consumption and …
Uruguay’s Economic Growth in 2024: Recovery and Future Challenges Read More
Standard Bank projects a GDP growth of 5.4% for Ghana in 2025, driven by mining sector recovery. Jibran Qureishi highlights resilience in economic growth and stresses the importance of addressing …
Standard Bank Projects Ghana’s GDP to Grow by 5.4% in 2025 Read More
The 2025 World Happiness Report ranked Nigeria at 105, a drop from 102 in 2024, making it the 10th happiest in Africa. Libya ranked highest on the continent. Finland remains …
2025 World Happiness Rankings: Nigeria’s Position and Global Insights Read More
The 2025 World Happiness Report places India at 118th among 147 countries, lagging behind its neighbors like Pakistan and Nepal. While India sees strengths in social support, it scores low …
Happiness Index 2025: India’s Position and Global Rankings Read More