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budget

Democratic Alliance Challenges South Africa’s Budget Process and VAT Hike

April 4, 2025 Steven Addamah 0

South Africa’s opposition Democratic Alliance (DA) party has filed a legal challenge against the country’s budget process, seeking to block a proposed increase in value-added […]

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Namibia’s Finance Minister Unveils 106.3 Billion Dollar Budget with Focus on Development and Infrastructure

March 29, 2025 Steven Addamah 0

On Thursday March 27, Namibia’s newly appointed Minister of Finance and Social Grants Management, Ericah Shafudah, presented the country’s 2025/26 budget of 106.3 billion Namibian […]

Uganda Unveils 2025/2026 Financial Year Resource Envelope worth of over USh57 trillion

January 29, 2025 Steven Addamah 0

The Ministry of Finance, Planning, and Economic Development has announced on January 28 the projected resource envelope for the 2025/2026 financial year, which is set […]

Angolan economy grew 4.1% on average in the first two quarters

November 15, 2024 Geraldine Boechat 0

Angola’s GDP grew by an average of 4.1% over the first two quarters of 2024, the Government announced on Thursday November 14, while also committing […]

Kenya Faces Fiscal Dilemma as Ruto Opts for Borrowing Over Tax Hikes

July 2, 2024 Steven Addamah 0

In the wake of rejected tax increases and violent protests, Kenyan President William Ruto has announced plans to borrow heavily to address the country’s growing […]

Angolan government plans to raise 10,000 ME to finance 2024 budget deficit

January 5, 2024 Geraldine Boechat 0

The Angolan government plans to raise a total of 10 billion kwanzas (10 billion euros) to cover the deficit in the 2024 General State Budget […]

Mozambican state revenues increase by 7.9% to 3.408 ME in September

November 16, 2023 Steven Addamah 0

The Mozambican state’s current revenue grew by 7.9% until September, to 232,483 million meticais (3,408 million euros), driven by the increase in tax collection, according […]

Cost of servicing Mozambique’s debt rises 18% in 2024 to 1,712 ME

November 14, 2023 Geraldine Boechat 0

Mozambique’s debt servicing costs will grow by 18% in 2024, to more than 116,631 billion meticais (1,712 million euros), according to Mozambican Government figures. According […]

Guinea-Bissau maintains growth trend close to 5%

November 13, 2023 Geraldine Boechat 0

Guinea-Bissau’s economy is expected to maintain a growth trend of around 5% this year and next, but will continue to depend on international donors to […]

Only 200 São Tomense companies able to start charging VAT

June 1, 2023 Geraldine Boechat 0

Only 200 of the 380 companies identified in Sao Tome and Principe can start collecting VAT this Thursday, the director of taxes told media, which […]

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