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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
Brazil is proposing a blockchain-based payment system for BRICS to improve cross-border transactions and reduce costs. This initiative will be discussed at the upcoming BRICS summit in July. The plan …
Brazil Introduces Blockchain Payment System Proposal for BRICS Read More
South Africa plans to invest over 54.5 billion USD on public infrastructure over the next three years to stimulate economic growth. Minister of Finance Enoch Godongwana presented the budget, emphasizing …
South Africa Announces 54.5 Billion USD Infrastructure Investment Plan Read More
Tanzania’s proposed Sh57.04 trillion budget for 2025/26 has drawn praise and concern from stakeholders over heavy borrowing. The plan prioritizes debt repayments and preparations for elections and AFCON, which may …
Tanzania’s Budget Proposals: Stakeholder Concerns Over Borrowing Risks Read More
The IMF has urged Lebanon to implement a unified financial reform programme to aid economic recovery and restore investor confidence. This plea came from IMF mission leader Ernesto Ramirez Rigo …
IMF Advocates Unified Reforms for Economic Recovery in Lebanon Read More
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
The Thai government is facing an increase in borrowing costs as foreign investors exit the local bond market. In fiscal year 2024, borrowing is projected at 2.4 trillion baht, with …
Thai Government Faces Fundraising Challenges Amid Rising Borrowing Costs Read More
Babatope Agbeyo, Chairman of Gem Giant Ltd, advocates for foreign investment in Nigeria’s mining sector, emphasizing favorable conditions and the importance of community support. Following the signing of a Community …
Enhancing Foreign Investment: Nigeria’s Mining Sector Opportunities Read More
Charles Russon, CEO of Absa, stresses the importance of macroeconomic consistency for South African growth during an interview. The upcoming budget presentation is critical for investment stability as South Africa …
Absa CEO Urges Policy Certainty for Economic Growth in South Africa Read More
Namibia is progressing with its retail central bank digital currency project despite the IMF’s skepticism. The Bank of Namibia is assessing public interest and potential challenges related to the digital …
Namibia Advances CBDC Initiative Despite IMF Skepticism Read More