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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
The South African finance ministry has announced there will be no increase to value-added tax (VAT) slated for May 1, as initially proposed in the 2025 budget. The decision follows …
South Africa Withdraws Planned VAT Increase Amid Political Opposition Read More
Ghana’s government has eliminated COVID-era taxes to combat a severe economic crisis, which included measures such as spending reductions and debt restructuring. The initiatives aim to stimulate growth and reduce …
Ghana Abolishes IMF-linked Taxes to Combat Economic Crisis Read More
Ghana’s Finance Minister revealed the country faces significant debt service costs, projecting $8.7 billion over the next four years, with heavy liabilities in 2027 and 2028. The lack of financial …
Ghana’s Finance Minister Warns of Significant External Debt Obligations Read More
Ghana plans to implement significant spending cuts this year as part of a “shock therapy” strategy to address economic challenges, as stated by Finance Minister Cassiel Ato Baah Forson. Ghana’s …
Ghana’s Finance Minister Announces Major Spending Cuts as Economic ‘Shock Therapy’ Read More
Ghana faces significant external debt service costs of $8.7 billion over four years, with major payments in 2027 and 2028. These challenges arise amid economic recovery efforts from a significant …
Ghana’s Finance Minister Highlights Significant External Debt Obligations Read More
Ghana’s upcoming election on December 7 features intense competition between former President John Mahama and ruling party candidate Mahamudu Bawumia. Mahama aims to promote job growth and economic recovery from …
Competitive Landscape Ahead of Ghana’s National Elections on December 7 Read More
Ghana’s national elections on December 7 are set to be highly competitive, featuring former President John Mahama versus ruling party candidate Mahamudu Bawumia. Mahama focuses on job creation amid economic …
Ghana’s Competitive Elections: Mahama vs. Bawumia Read More
Namibia’s Electoral Commission has announced two additional voting days due to logistical failures during the recent elections, allowing voters more access after extensive delays and queues. The extension aims to …
Namibia Extends Voting Days Amid Election Delays Read More
Namibia extends voting due to polling issues; Tunisia set to host 2025 African Lion military exercise; African diaspora enriches U.S. Thanksgiving with diverse flavors. In Namibia, the electoral process has …
Namibia Extends Voting, Tunisia Hosts Military Exercise, Diaspora Enhances Thanksgiving Read More