Fiscal Policy
Top stories
While global commodity markets largely determine cocoa prices, the African nation could raise export taxes on its cocoa shipments to increase revenue, pushing up costs for buyers.
Non-oil exports from Africa to the U.S. have grown 241% since 2001. That growth is now in danger. Tariffs of 21% on cocoa and 54% on textiles could wipe out years of trade progress under AGOA.
South Africa’s planned VAT increase in 2025-2026 may affect businesses and consumers, with potential impacts on pricing, demand, and investment.
Despite overcoming two major parliamentary hurdles, the budget remains at an impasse as tensions between the country’s biggest political parties escalate
In this special report, we examine the top 10 African countries targeted by the Trump administration’s new “reciprocal tariffs” and compare the claimed rates to the actual WTO-verified tariffs — both simple and trade-weighted.
Trump’s new tariff structure, set to take effect on April 9, will hit over 50 African countries—targeting some of the continent’s poorest and most vulnerable economies. The sweeping levies threaten to shake the foundations of long-standing US-Africa trade agreements.
New withholding tax rules will make companies handle tax deductions differently, impacting compliance and business operations.