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Argentina is seeking its first disbursement of over 40% from a $20 billion IMF program, as announced by Economy Minister Luis Caputo. The request is part of the country’s strategy …
Argentina Seeks Initial Disbursement from $20 Billion IMF Program Read More
Kenya has emerged as the largest African importer of second-hand clothes, with mitumba imports totaling $298 million in 2023, reflecting a 12.45% increase from the previous year. This growth, driven …
Kenya’s Mitumba Market: Policy Changes and Rising Demand Fuel Growth Read More
The Industrial and Commercial Workers Union has requested a reduction in the 25 percent corporate tax on rural banks due to its detrimental effects on their operations. General Secretary Morgan …
ICU Advocates for Reduced Corporate Tax on Rural Banks to Enhance Operations Read More
Tanzania is projected to become one of Africa’s richest countries within five years, having doubled its wealth over 15 years. Its economy is diversified and growing rapidly due to political …
Tanzania Set to Become One of Africa’s Wealthiest Nations in Five Years Read More
Lesotho’s economy is largely supported by its garment industry, primarily jeans production for international brands, which faces uncertainties due to potential shifts in U.S. trade policy under President Trump. Lesotho’s …
Lesotho’s Economy at Risk Amidst U.S. Trade Policy Changes Read More
The Venezuelan poultry industry is experiencing a transformation, recovering from past downturns with significant increases in production and per capita consumption. The recent National Poultry Congress highlighted the sector’s revival, …
Venezuelan Poultry Industry: Signs of Growth Amid Challenges Read More
The IMF has approved a $7 billion EFF arrangement for Pakistan, enabling immediate access to $1 billion, with an additional $1.3 billion through the RSF. Concurrently, the IMF is collaborating …
IMF Approves Financial Arrangements for Pakistan and Engages with Lebanon Read More
Brazil has postponed its tech tax proposal amid concerns about US trade tensions. Instead, it seeks to regulate competition in the digital market, emphasizing domestic fairness while maintaining trade relations …
Brazil Delays Tech Tax Proposal Amid Concerns Over US Trade Relations Read More
Lesotho MPs are urging a significant reduction in the government budget for international trips to address youth unemployment. Proposed savings should be redirected towards job creation and vocational training. The …
Lesotho MPs Advocate for Cuts in International Travel Budget to Combat Unemployment Read More
Tanzania has frozen park entry fees for the next 12 months to stabilize its tourism sector. The current fee structure will remain unchanged until at least March 2026. This decision …
Tanzania Freezes Park Entry Fee Increases for 12 Months to Stabilize Tourism Sector Read More