Reforms
Government prudent in fiscal management, says Ahmed Shide
Finance Minister Ahmed Shide stated that the government is taking prudent steps to strengthen fiscal administration, mobilize domestic resources, and accelerate structural reform efforts. This declaration was made on October 23, 2025.
Lagos assembly approves local government reforms
The Lagos State House of Assembly has approved comprehensive regulations to enhance accountability and transparency in local governments. The move followed debates on internal disputes, loans, and budget postings. Speaker Dr. Mudasiru Obasa gave final approval after lawmakers' inputs shaped the guidelines.
Milei meets 20 governors to advance reforms
President Javier Milei met with 20 governors at Casa Rosada on Thursday to discuss the 2026 Budget and labor, tax, and penal reforms. The meeting, deemed positive by the government, aims to build consensus for the new Congress. Four Peronist governors were excluded from the summit.
Private sector leads Egypt's investment growth by 73%, says finance minister
Private sector investments in Egypt grew by 73% during the last fiscal year, Egyptian Finance Minister Ahmed Kouchouk said, adding that the private sector is now leading investment in the country. Speaking at a virtual meeting with investors, Kouchouk noted the Egyptian economy's growth rate reached 4.4%, exceeding expectations due to strong performance in manufacturing, tourism, and information technology sectors.
South Africa's unemployment crisis demands urgent reforms
South Africa's unemployment has tripled since 1994, reaching 12.6 million people, according to a new report from the Centre for Development and Enterprise. The report outlines four key priorities to address the crisis, emphasizing the need for growth and labour-intensive reforms. Without bold action, the country risks deepening social marginalisation.