Kenya Faces Fiscal Dilemma as Ruto Opts for Borrowing Over Tax Hikes
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 […]
budget
Angolan government plans to raise 10,000 ME to finance 2024 budget deficit
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
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
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%
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
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 […]
Cape Verde: State revenues rise 17.5% in 2022
The revenues of the Cape Verdean state increased 17.5% in 2022, compared to the previous year, to more than 53,100 million escudos (480 million euros), […]
Sao Tome and Principe with historic inflation above 24% in 2022
Sao Tome and Principe’s inflation rate in 2022 is expected to be 24%, the highest in 15 years, and the national economy is expected to […]
Angola’s Supreme Court grants parole to ex-minister Augusto Tomás
The Supreme Court of Angola has granted conditional release to former Angolan Transport Minister Augusto Tomás, who is now obliged to reside in Luanda and […]
Angolan government appraised the proposal of the GSB for 2023 of 38.3 billion euros
The Angolan Council of Ministers on Thursday appreciated the proposal of the General State Budget (GSB) 2023, with revenues and expenses estimated at 20.1 trillion […]