South Africa Halts Planned VAT Hike After Pushback
South Africa’s Finance Minister Enoch Godongwana has dropped plans to increase value-added tax (VAT), in a major climb-down to prevent the collapse of the coalition government. Godongwana’s decision came after the second-biggest party, the Democratic Alliance (DA), threatened to quit the government, warning a VAT hike would hurt the poor the most. Godongwana, a member […]
UN Raises Alarm Over Spread Of Asian Scam Into Africa, South America, Others
The United Nations Office on Drugs and Crime (UNODC) has raised concerns about Asian crime syndicates expanding their multibillion-dollar cyberscam industry globally, including to South America and Africa. According to UNODC, cyberfraud has become one of the fastest-growing forms of transnational crime. It says these crime networks recruit labour from over 50 countries, including Nigeria, […]
EU, Britain Pledge To Increase Aid For Sudan
The European Union and Britain has pledged to increase aid for Sudan, ahead of a conference in London marking the second anniversary of a power struggle conflict that has displaced millions and devastated the country. The European Union and member states pledged over 522 million euros to address the crisis while Britain announced an extra […]
China Retaliates As President Trump Raises Chinese Imports To 125%
US President Donald Trump has announced a 90-day pause on higher tariffs for about 60 US trading partners, but the trade war with China has escalated. Trump further increased tariffs on Chinese goods to 125%, citing China’s “lack of respect” after Beijing retaliated with 84% tariffs on US imports. China has slapped retaliatory tariffs of […]
Ethiopian Prime Minister Rules Out War With Eritrea Over Red Sea Access
Ethiopia’s Prime Minister, Abiy Ahmed, says his government would not seek conflict with longtime foe Eritrea over access to the Red Sea, after regional officials and experts warned of a possible war between the Horn of Africa neighbours. Abiy, in a post by his office on X, noted that although access to the Red Sea […]