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News
US National Debt At USD 40 Tr
3+ week, 2+ day ago (159+ words) Trendsnafrica (3 Minutes Read) A monthly report of the US Treasury Department shows the US federal government incurred a fiscal deficit of USD 1.367 trillion dollars in the first nine months of fiscal year 2026 (beginning October 1, 2025), with net interest payments amounting to…...
SAâs Inflation Rate Eases: Businesses Want Interest Rates Reduced
3+ week, 3+ day ago (148+ words) SA’s Inflation Rate Eases: Businesses Want Interest Rates Reduced Trendsnafrica South Africa’s annual inflation rate eased in July for the first time in five months, helped partly by a steep drop in transportation costs. Statistics South Africa said on Wednesday…...
S&P Maintains Angola’s B- Credit Rating Amid Fiscal Pressures And Heavy Debt-Service Obligations
3+ week, 3+ day ago (685+ words) S&P has maintained Angola’s sovereign credit rating at B-, a level below investment grade, while retaining a stable outlook for the country’s creditworthiness. The decision reflects a balance between stronger-than-expected oil prices, efforts by the Angolan government to manage…...