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IMF cuts Somalia’s 2026 growth forecast to 2.3%

Somalia’s economic growth is expected to slow to 2.3% in 2026 as foreign-aid cuts, severe climate shocks and Middle East conflict spillovers weaken activity.

AU calls for stronger seed systems to boost Africa’s food security

The African Union (AU) has called for greater investment in quality, affordable and climate-resilient seeds to strengthen food security and transform agriculture across the continent.

SA vehicle sales hit multi-year high as affordable models drive demand

South Africa’s (SA) new-vehicle market recorded its strongest monthly sales performance in years in September, driven by demand for affordable models and strong performances from established Japanese manufacturers.

SA union urges government action to protect lawful tobacco sector

SA union urges action to protect legitimate tobacco producers

Zambia projects 7% rise in spending in 2027 budget

Zambia’s government projects a 7% rise in spending in next year’s budget

Global tax competition shifts from profits to investment

Global tax competition is increasingly focused on attracting real investment rather than reported profits as stronger anti-avoidance rules limit multinational companies’ ability to shift earnings.

Africa in Song

FINANCE

FINANCE

IMF cuts Somalia’s 2026 growth forecast to 2.3%

AU calls for stronger seed systems to boost Africa’s food security

SA vehicle sales hit multi-year high as affordable models drive demand

SA union urges government action to protect lawful tobacco sector

Zambia projects 7% rise in spending in 2027 budget

Global tax competition shifts from profits to investment

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