President William Ruto will address the nation today, focusing on Kenya’s economic challenges, political tensions, and the government’s response plans.
economic challenges
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Citizens protest President Ruto’s new cabinet appointments, raising concerns over political representation and economic hardships in Kenya.
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Egyptian President Abdel Fattah al-Sisi reshuffled the cabinet, bringing in new finance and foreign ministers to tackle economic challenges, inflation, and power cuts.
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Critics question Tinubu’s administration’s competence as economic challenges persist and key sectors like education and health lack substantial reforms.
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With the ANC potentially losing its majority, South Africa’s welfare system stands at a crossroads, with upcoming elections set to decide its fate. Â
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Nigerian families face hardship as food prices surge, putting strain on budgets and affecting daily meals. Economic interventions fall short.
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Economy
Tunisia Successfully Clears All 2023 Debts Amid Financial Strain, Prepares for Heavier Repayment in 2024
Tunisia’s Finance Minister confirms full repayment of 2023 domestic and external debts, outlines challenges posed by increased foreign debt for 2024.
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Lesetja Kganyago, South Africa’s central bank governor, anticipates 5% inflation in 2024 amidst global and domestic economic uncertainties.
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Kenya’s microfinance banks (MFBs) are grappling with a challenging economic landscape, according to a report by the Central Bank of Kenya (CBK). The report paints a bleak picture of these …
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Vote counting commenced in Liberia on Tuesday as President George Weah sought reelection amidst longstanding allegations of corruption and sustained economic difficulties in Africa’s longest-standing independent nation. Approximately 2.4 million …