Budget and Revenue

South Africa to Revise 2025 Budget For Debt Sustainability

South Africa to Revise 2025 Budget For Debt Sustainability

South Africa's Finance Minister, Enoch Godongwana, has announced that the country will get a revised 2025 budget on May 21… Read More

3 months ago

U.S. Tells World Bank to Cut Lending to Middle-Income Countries, Focus on Poorest Nations

The United States has urged the World Bank to reduce lending to middle-income countries and concentrate its development resources on… Read More

3 months ago

FIRS says Tax Expenditures are Difficult to Track

The Federal Inland Revenue Service (FIRS) has raised concerns about the difficulty in quantifying revenue losses due to tax expenditures,… Read More

4 months ago

Kenya Launches Electronic Rental Income Tax System

The Kenyan Revenue Authority (KRA) has launched the Electronic Rental Income Tax System (eRITS) to streamline the process of monthly… Read More

4 months ago

South Africa Tax Revenue Hits $101.2billion in 2024/25 Fiscal Year: Lessons For Nigeria

South Africa's tax revenue collection In the fiscal year ending March 31, 2025, reached a net total of R1.855 trillion… Read More

4 months ago

El Rufai: Projects We Executed with Loans Are Very Visible, Kaduna IGR Has Fallen by More Than 60%

Former Kaduna State Governor Nasir El-Rufai has accused the current administration under Governor Uba Sani of reversing the significant gains… Read More

4 months ago

Nigeria’s House of Representatives Recovers N28.7 Billion from Oil Companies

The Nigeria House of Representatives announced a major breakthrough in its efforts to recover outstanding revenues owed to the Federation… Read More

5 months ago

Boosting Growth and Prosperity in Nigeria

Nigeria, Africa’s most populous nation and one of its largest economies, now finds itself at a critical juncture. Despite its… Read More

5 months ago

Precarious Balance for Nigeria’s 2025 Budget As Brent Crude Falls to $69.22

As of March 11, 2025, Brent crude oil prices have declined to $69.22 per barrel, weighed down by escalating trade… Read More

5 months ago

Russia’s Ukraine Ceasefire Offer

Russia has expressed its willingness to discuss a temporary ceasefire with Ukraine, contingent on progress toward a final peace settlement.… Read More

5 months ago