Africa Business

Kenya slammed for hosting Sudan paramilitaries’ govt declaration

Kenya was condemned by Sudan and critics at home as “criminally irresponsible” on Wednesday for hosting Sudanese paramilitaries who are planning to declare a parallel government.At a high-profile event in Nairobi this week, the paramilitary Rapid Support Forces, at war with the Sudanese army for nearly two years, said they would sign a founding charter …

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South Africa postpones budget speech over tax impasse

South Africa on Wednesday pushed back the coalition government’s first national budget speech to parliament in a shock move following internal pressures over tax hikes. The speech to outline the government’s annual fiscal priorities, including ways of raising revenue, was due to be delivered by Finance Minister Enoch Godongwana in parliament in Cape Town.”It is something …

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Ghana scrambles to fill $156 million shortfall after USAID freeze

The gutting of US foreign aid has left Ghana facing a $156 million funding shortfall, with the health care and agriculture sectors bracing for shortages of drugs and fertiliser.A funding freeze ordered by President Donald Trump at USAID, Washington’s main foreign development arm, has upended the agency, seen thousands lose their jobs in the United …

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