Breaking news and insights at nationalcourrier.com
The U.S. has imposed sanctions on Iranian oil minister Mohsen Paknejad and a number of vessels in a shadow fleet for disguising oil shipments. This comes amidst Iran’s exploration of …
U.S. Sanctions Iranian Oil Minister and Shadow Fleet Amidst Economic Pressures Read More
Since 2010, Cameroon has raised CFA8.65 trillion from capital markets, mainly through the BEAC money market. This shift to the money market, reflecting competitive advantages in cost and efficiency, has …
Cameroon Raises Over CFA8.65 Trillion Through Innovative Capital Market Financing Read More
Finance Minister Enoch Godongwana has proposed increasing South Africa’s VAT rate from 15% to 16% by 2026, citing poor economic performance. This proposal has faced backlash from opposition leaders who …
Proposed VAT Increase Raises Concerns and Criticism in South Africa Read More
Morocco’s budget deficit reached MAD 21.1 billion by February 2025, a significant rise from MAD 3.8 billion last year. Revenues increased to MAD 56.6 billion, mainly due to higher direct …
Morocco’s Budget Deficit Increases Significantly to MAD 21.1 Billion Read More
South Africa proposes a reduced VAT increase from 15%, raising it by 0.5% in May and another 0.5% in 2026. Opposition from the Democratic Alliance complicates support for the budget. …
South Africa’s Revised Budget Proposal Features Smaller VAT Hike Amidst Political Tensions Read More
South Africa’s Treasury has proposed a revised budget with a smaller VAT increase to resolve a political deadlock. The budget’s delay marks the first in 30 years. Meanwhile, trade tensions …
South Africa’s Budget Update: Smaller VAT Increase Proposed Amid Political Deadlock Read More
The South African government will eliminate luxury taxes on smartphones under R2,500 from April 2025 to promote digital access for low-income households. This change aims to enhance affordability while coinciding …
South Africa Eliminates Luxury Tax on Affordable Smartphones to Boost Digital Inclusion Read More
President Trump has ordered the cessation of penny production due to high minting costs. Although efforts to eliminate the penny have existed since the 1990s, its use continues due to …
Analysis of the U.S. and St. Kitts Coinage Policies: The Case of the Penny Read More
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
South Africa aims to remove luxury excise duty on smartphones under 2,500 rand to enhance digital access for low-income families. Effective April 1, 2025, this move seeks to increase smartphone …
South Africa Proposes Removal of Luxury Duty on Affordable Smartphones Read More