Africa Business

S.Africa revised budget gets booed despite smaller tax hike

South Africa’s finance minister unveiled Wednesday a budget with a smaller increase in value-added tax than previously proposed, but it was immediately rejected by a key party in the unity government.Finance Minister Enoch Godongwana presented the revised budget to parliament three weeks after his first version was withheld at the last minute because it included …

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Former star Eto’o elected to CAF executive by acclamation

Former Cameroon star Samuel Eto’o was elected to the CAF executive committee by acclamation in Cairo on Wednesday as he was the lone candidate from the central Africa region.The 44-year-old became eligible only last week after the Court of Arbitration for Sport (CAS) overturned a CAF ban on the ex-Barcelona, Inter Milan and Chelsea forward.His …

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Deal with bandits brings uneasy peace in Nigeria’s Kaduna state

A peace deal between authorities and gangs in Nigeria’s Kaduna state has put a dent in deadly attacks and kidnappings — a welcome respite in the country’s battered northwest, though the agreement remains on shaky ground.Kaduna is one of several states in the northwest and centre of the country that have for years been terrorised …

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Pope ‘stable’, out of imminent danger as talk turns to return home

Pope Francis remains stable after almost four weeks in hospital with pneumonia, the Vatican said on Tuesday, declining to speculate on when he might go home, the day after doctors indicated he was no longer in danger.The 88-year-old head of the world Catholic Church has been in Rome’s Gemelli hospital since February 14 with pneumonia …

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Mozambican opposition leader questioned for 10 hours

Mozambique’s main opposition figure Venancio Mondlane said on Tuesday he was questioned for 10 hours by prosecutors without being informed of what accusation lay behind the interrogation.Speaking to the media in the capital Maputo, Mondlane, who claimed victory in October’s contested election, added that he had been placed under judicial supervision. “Unfortunately, we spent all those …

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Ghana scraps IMF-linked ‘nuisance’ taxes

Ghana’s new government on Tuesday announced it was scrapping several Covid-era taxes introduced in an effort to secure IMF financing, citing the economic hardship placed on ordinary citizens.Five taxes deemed “nuisance levies” by the current government — including a one-percent levy on mobile money transfers and a value-added tax on motor vehicle insurance — are …

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‘Getting scary’: US aid cuts undermine global fight against TB

The Trump administration’s sweeping foreign aid cuts will send tuberculosis cases and deaths soaring around the world, humanitarian workers have warned.One told AFP that people are already dying from a lack of treatment in the war-torn Democratic Republic of Congo (DRC).The United States has long been the biggest funder for the global fight against tuberculosis …

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South Africa bus crash toll climbs to 16

A bus overturned in an area of Johannesburg near South Africa’s main airport early on Tuesday, killing at least 16 people, city officials said, with dozens more injured.The bus was carrying more than 50 people to work when it crashed on a busy road near Johannesburg’s OR Tambo International Airport, officials said.The Road Traffic Management …

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Nigeria moves gingerly to tame Africa’s biggest crypto market

Nigerian authorities are warily moving to regulate Africa’s largest cryptocurrency market in long-delayed efforts to create legal certainty in a field still fraught with fraud and volatility.For years, regulators and government officials have viewed cryptocurrencies and other digital assets with suspicion despite their popularity in the country.Nigeria ranked second globally after India in 2023 and …

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Catching the world’s most wanted: the ICC’s impossible task

The arrest on Tuesday of former Philippines President Rodrigo Duterte, by police acting on an International Criminal Court warrant tied to his deadly war on drugs, marks a success for the ICC, which has been struggling for almost 23 years against a lack of recognition and enforcement power.Backed by 125 member states, the jurisdiction seeks …

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