US President Donald Trump has said he is cutting off trade talks with Canada “immediately” as the country looks to start enforcing a tax policy targeting big tech companies. The latest move, which he announced on social media, comes as the neighbouring nations had been working to agree a trade deal by mid-July. Both countries…
Donald Trump’s week began with an on-air expletive as he lost his cool over his mounting frustrations with Iran and Israel’s shaky ceasefire. It ended with a beaming US president holding court at the White House – not once, but twice – as he celebrated a series of significant political victories at home and abroad….
Billionaire Amazon founder Jeff Bezos tied the knot with TV presenter Lauren Sanchez in a lavish wedding in Venice on Friday. Reality stars, actors, royals and a whole host of A-listers were trailed by paparazzi in water taxis as they made their way to the three-day event. Oprah Winfrey, Orlando Bloom, Kylie Jenner and Ivanka…
A Kenyan High Court has ruled that the detention and transfer of Nnamdi Kanu, the leader of the Indigenous People of Biafra (IPOB), from Kenya to Nigeria in June 2021 were unlawful and illegal. Delivering judgment, the presiding judge, Justice E. Mwita, faulted both the Nigerian and Kenyan governments for a rendition of Kanu in…
Tax experts are calling for the rapid scaling-up of digital tax systems across Africa to strengthen domestic resource mobilization, enhance efficiency, and improve transparency in public finance. The call was made during a hybrid seminar, “Driving Smarter VAT Compliance: East Africa’s Digital Leap”, held in Nairobi and online on June 17, 2025. The event brought…
The US Supreme Court handed President Donald Trump a major victory on Friday by curbing the power of lone federal judges to block executive actions. In a 6-3 ruling stemming from Trump’s bid to end birthright citizenship, the court said nationwide injunctions issued by district court judges “likely exceed the equitable authority that Congress has…
The World Bank has warned that extreme poverty is growing rapidly in Nigeria and 38 other economies affected by conflict and instability, worsening hunger and pushing development goals further out of reach. The bank made this known in a statement released on Friday titled “Extreme Poverty is Rising Fast in Economies Hit by Conflict, Instability”,…
The UN says it is monitoring the situation in Kenya in the wake of deadly anti-government protests on Wednesday. No fewer than 400 people were injured, including police officers, although the official death toll has not been confirmed, with estimates ranging from eight to 16. The demonstrations marked the anniversary of the 2024 anti-tax protests,…
Iran began a state funeral service Saturday for around 60 people, including its military commanders, killed in its war with Israel, after Tehran’s top diplomat condemned Donald Trump’s comments on supreme leader Ali Khamenei as “unacceptable” The proceedings started at 8:00 am local time (0430 GMT) in the capital Tehran as government offices and many…
Debt service payments by developing countries soared by 74 billion dollars in 2024 from 847 billion dollars to 921 billion dollars , a new UN report has shown. The report, ‘Confronting the Debt Crisis: 11 Actions to Unlock Sustainable Financing’, was launched on Friday by UN Deputy Secretary-General Amina Mohammed. Mohammed was joined by experts Mahmoud Mohieldin…
