Yet, without debt relief, injecting this capital will be like pedaling harder on a bicycle as its tires go flat. Africa is caught in a web of climate vulnerability and unsustainable debt. Of the 20 ...

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Leaders are urging reforms in global lending practices, calling for concessional financing and fairer assessments of risk and valuation. They are also advocating for equitable energy transitions ...

Debt management firm, Debt Busters, reports that the anticipated benefits of the two-pot retirement system and the recent interest rate cuts have yet to provide relief for consumers struggling ...

Eight community kitchens are providing two hot meals per day for around 10,000 newly-displaced people in the Zamzam camp, south of Al-Fasher. The city has witnessed severe fighting over several months ...

In response to the recent severe flooding impacting communities across Borno State, Saroafrica Group has mobilized essential relief materials worth N100 million Naira to support those in need.

RIYADH — Saudi Arabia's finance minister on Monday urged countries around the world to help find solutions to Africa's trillion-dollar debt problem, saying the kingdom was making progress on a $5 ...

"In Hausa we have a saying 'bayan wuya sai dadi', which translates as 'after suffering comes relief'. This is a relief," he said. In Nigeria, business in the northern city of Kano - an economic ...

The Treasury has won a major relief after the Supreme Court reinstated the Finance Act 2023, allowing the government to continue collecting higher taxes using the law amid financial challenges.

Johannesburg Water (JW) has plans to boost the water supply in Midrand after several recent outages. Several residents in Midrand have had constant dry taps over the last month. In September, the ...

As regards large companies, that is, those whose turnover thresholds are above N50 million, there is a proposal in the bill to give some relief to them through a significant reduction in their CIT ...