The South African Revenue Service (SARS) has taken note of the emergence of a renewables subsector making profits. Speaking on the reported revenue outcomes for the tax authority, the SARS commissioner Edward Kieswetter, said that while loadshedding presents real risks to the fiscal framework, the tax authority has noted the emergence of a renewables subsector.…
The legitimacy of Bola Tinabu’s election in the eyes of the Nigerian population will be critical if his administration is to address persistent violent extremism and instability in the country successfully, writes Kurisani Mdhluli. Last month, Bola Ahmed Tinubu of the ruling All Progressives Congress (APC) party was declared a winner of the Nigerian presidential elections.…
Summary In recent months, measles and cholera broke out in Goma while health situation has become critical in Bulengo and Lushagala. UN says with prices rising and access to healthcare deteriorating, food insecurity is worsening in North Kivu. As the fighting continues, more people may be forced from their homes and require aid to survive.…
By Rédaction Africanews KENYA Raila Odinga has called for parties outside parliament to be involved in talks on electoral reform and the high cost of living. The Kenyan opposition leader’s call is at odds with President William Ruto’s plan for negotiations to be held only within parliament. On Tuesday, Odinga warned of fresh protests if…
Random kidnappings of students have become common in parts of northern Nigeria in the last decade. Gunmen in Nigeria’s northern Kaduna state kidnapped eight secondary school students coming from school along with an unknown number of others, authorities said on Tuesday, the latest in a wave of such abductions. Armed gangs operating mostly in remote…
Brandcom Partner Zimbabwean property developer West Properties has recently announced its intention to list on the Victoria Falls Stock Exchange (VFEX) on April 28th, 2023, marking a significant milestone for the company and the Zimbabwean property market. This move signals West Properties’ commitment towards enhancing its growth prospects and increasing investor confidence in the company.…
Summary Moscow is preparing for its second summit with African countries. The summit scheduled for the end of July in St. Petersburg. Lavrov said the chances of damaging the conference were diminishing. Moscow has turned its efforts to countries in Asia and Africa. By REUTERS The US is trying to wreck Russia’s planned summit with…
Summary A report revealed that Nigeria’s inflation rate will average 20.5 per cent in 2023. Data revealed that debtors who owe Nigeria’s government agencies refused to honour obligations but were still being paid. Nigeria expected to spend 60 percent of its total revenue on debt servicing in 2023. By MOHAMMED MOMOH Nigeria’s economy is weakening…
Summary The price hikes follow increased government spending to battle the M23 rebel group. Since the new year, the Congolese franc has depreciated about 15 percent against the US dollar. Add global inflation and an economy reliant on imports and US dollars, and many Congolese are feeling the pinch. About two-thirds of the DRC’s population…
Summary On Sunday, April 2, 2023, 30 years later, some of the survivors of that crash visited the scene of the accident. Mr Wek, who was then a security officer attached to Mr Kiir, recounted how their journey was cut short that day. According to Mr Wek, six people were on board the chartered plane.…