2+ hour, 47+ min ago  (252+ words) Strong growth, but fragile foundations The fiscal deficit narrowed to 6. 5% of GDP, above target, reflecting capital expenditure cuts and restrained spending. Tax revenue rose slightly but remained the lowest in WAEMU at 8. 5% of GDP. Public debt declined to 75. 6% of GDP,…...

6+ hour, 16+ min ago  (442+ words) National Treasury has released the Provincial Budgets and Expenditure Report for the fourth quarter of the 2025/26 financial year, which covers provincial receipts and payments. According to the report, in the fourth quarter of the 2025/26 financial year, provinces recorded expenditure of…...

2+ day, 4+ hour ago  (418+ words) IN SHORT: According to Facebook posts in South Africa, "municipality is hiring". But these posts are a scam. There is no evidence of this advert on official government websites or social media platforms. "Municipality is hiring," starts a Facebook post…...

5+ day, 11+ hour ago  (517+ words) "The document provides a framework for managing transitional issues while ensuring that the new laws are not applied retrospectively," says Taiwo Oyedele, Minister of Finance and Coordinating Minister of the Economy. The Federal Government has released guidelines to govern the…...

6+ day, 6+ hour ago  (494+ words) That is precisely why the recently concluded National Economic Recovery Plan (NERP) workshop mattered. This engagement moved beyond policy, acknowledging the challenges and committing to decisive recovery. What emerged clearly is that Malawi does not suffer from a shortage of…...

6+ day, 11+ hour ago  (201+ words) Nigeria's inflation rate rose less than expected in May, strengthening the case for possible interest-rate cuts later this year if global energy prices keep falling. Consumer prices increased 15. 9% from a year earlier, compared with 15. 7% in April, the National Bureau of…...

6+ day, 11+ hour ago  (184+ words) South Africa's inflation rate rose to its highest level in almost 2 years in May, driven by higher energy prices linked to the US-Israeli war with Iran. Consumer prices increased 4. 5% from a year earlier, compared with 4% in April, Statistics South Africa…...

6+ day, 11+ hour ago  (486+ words) South Africa's consumer inflation rate rose to 4. 5% in May 2026, up from 4. 0% in April, marking the highest annual rate recorded since July 2024, when inflation stood at 4. 6%. The monthly change in the consumer price index (CPI) was 0. 7% in May. In a statement…...

1+ week, 1+ day ago  (477+ words) The latest figures show consumer prices increased for the third consecutive month, driven largely by higher food costs across several states. Nigeria's headline inflation rate rose to 15. 93 per cent in May 2026, extending the upward trend recorded since the beginning of…...

2+ week, 7+ hour ago  (530+ words) The budget will then proceed to about seven days of parliamentary debate before lawmakers vote on its approval, a process that sets the country's economic direction for the fiscal year ahead. The presentation comes at a time when households, businesses,…...