Kenya's government plans to cut 2024-25 spending by 1.9% and widen the fiscal deficit to 3.6% of Gross Domestic Product (GDP) in a revised budget, the Treasury said, weeks after it was forced to roll back tax hikes due to mass protests.
The International Monetary Fund (IMF) has slashed Botswana’s 2024 growth forecast to 1% from an earlier April estimate of 3.6% due mainly to lower diamond production, it said in a statement.
Unilever opens new tab plans to cut a third of all office roles in Europe by the end of 2025 as a part of a push by the Chief Executive Officer (CEO) to revive growth at the struggling consumer goods giant.
Some farmers in South Africa’s(SA) Limpopo province have suffered severe financial losses caused by the black frost following low temperatures this week.
South Africa’s National Treasury has issued a statement that the Minister of Finance, Enoch Godongwana, will table the National Treasury’s Budget Vote in Parliament this week.
The Healthy Living Alliance (HEALA) is calling on South African consumers to become more health-conscious in their everyday lives, as big food producers are under scrutiny for potentially misleading consumers about the healthiness of their products.
The South African (SA) Rand extended its gains in early trade this Friday, as a surprisingly soft United States (US) inflation data spurred bets the Federal Reserve will cut interest rates in September.