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South Africa Set to Present Updated Budget on May 21 Following VAT Reversal
On a notable day in South African finance, Minister Enoch Godongwana revealed that the 2025 Budget Review would be re-tabled on 21 May 2025. This decision came in the wake of National Treasury’s choice to retract a proposed 0.5% increase in Value Added Tax (VAT), initially scheduled to kick in on 1 May.
Reflecting on the public and political discourse that erupted following the initial budget announcement made on 12 March, Godongwana stated, “This debate was rigorous, as is necessary in a healthy democracy.” Such…
DR Congo Moves to Strip Former President Kabila of Legal Immunity for Rebel Links
The Democratic Republic of Congo (DRC) finds itself at a pivotal juncture, as it seeks to lift the immunity of former President Joseph Kabila. This action, rooted in serious allegations of Kabila's support for the M23 rebel group, brings to light the complexities of a nation entrenched in conflict, particularly in its resource-rich eastern regions. One cannot help but wonder: what drives former leaders to align with insurgent groups, and what burdens do they carry when their past actions resurface?
Justice Minister Constant…
Tragic Murder of Three Young Girls Casts a Dark Shadow Over Namibian Town’s Tranquility
In a decisive move aimed at ensuring public safety, a curfew has been instated in Okahandja, effective immediately. The president of the nation, Nandi-Ndaitwah, has taken to the airwaves to reassure citizens that security forces are fully engaged in restoring a sense of normalcy and safety. This isn't simply an administrative response; it’s a concerted effort to safeguard communities that have been on edge.
Have we ever considered just how fragile our sense of security is? Too often, it takes a crisis for us to truly…
The 10 African Nations Leading in Economic Freedom Rankings
Economic freedom. At first glance, this term may conjure images of spreadsheets, policies, and perhaps even the dusty pages of an economic textbook. Yet, peel back the layers, and you'll find that it is far more than an academic concept. Economic freedom intricately weaves its way through our lives, influencing the jobs we can secure, the quality and variety of goods available for purchase, the education our children receive, and even the very air we breathe.
The Index of Economic Freedom,…
Southern African Alliance Initiates Withdrawal of Forces from the Democratic Republic of the Congo
In a significant development, Southern African troops have commenced their evacuation from eastern Democratic Republic of Congo (DRC), following a tumultuous period marked by conflict and casualties. This withdrawal comes in light of a harrowing January offensive launched by the M23 armed group, which has left a grim toll—a heartbreaking loss of 17 soldiers. The decision to retreat was made by the Southern African Development Community (SADC), reflecting the dire situation on the ground.
The SADC Mission in the Democratic…
Exploring the 10 African Nations Projected for Slowest GDP Growth in 2025
Understanding GDP Growth and Its Implications for Africa
The annual GDP growth rate serves as a vital barometer for assessing a country’s economic health. It reveals much more than just numbers; it uncovers the complex tapestry woven from various structural and socioeconomic factors. A low GDP growth rate usually signals deeper issues, raising questions about the underlying challenges that a country faces. What does a sluggish economy mean for the future?
For many African nations, a low…
Somalia Prohibits Taiwanese Passport Holders Amidst Rising Diplomatic Strains
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Who Will Lead the AfDB? Contenders Compete for Prestigious Position
As anticipation mounts for the upcoming election to lead the African Development Bank (AfDB) on May 29, 2025, five distinguished candidates are stepping into the spotlight, each eager to share their distinctive visions for steering the institution toward a brighter future. With current president Dr. Akinwumi Adesina set to conclude his two-term tenure on August 31, 2025, the stakes couldn't be higher. Adesina has championed social and economic development across the continent during his leadership, leaving a profound impact…
Ugandan President Celebrates Fruitful Discussions with Starlink Delegates
Recently, Uganda's President Yoweri Museveni expressed optimism following a meeting with representatives from Starlink, the satellite internet service provider. Describing the discussions as “productive,” he conveyed his appreciation for their mission to deliver affordable internet in regions that have faced connectivity challenges.
“I commend their dedication to offering low-cost internet in hard-to-reach areas and establishing a footprint in Uganda. They are most welcome,” Museveni shared on social media…
Unlocking Africa’s Potential: One Key Step Toward Lasting Prosperity
A New Dawn for Africa's Economic Landscape
As the chairman of a manufacturing facility in Mauritania, where we specialize in producing polyurethane foam, mattresses, and carpets, I have the privilege of witnessing the intricate tapestry of the African economy unfold. With a workforce of approximately 250 dedicated employees, my daily responsibilities encompass a diverse range of activities: I navigate the complexities of workforce management, embrace emerging technologies, source quality materials, and engage with…