President Abdel Fattah El-Sisi met with Eritrea’s Minister of Foreign Affairs Osman Saleh, discussing the deep relations between the two countries and their commitment to enhancing stability in the Horn of Africa. They also addressed supporting Somalia in combating terrorism, restoring peace in Sudan, and protecting the Red Sea from non-riparian countries. The meeting emphasized cooperation in governance and security efforts in the region.
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South Africa reverses VAT tax hike that threatened coalition government
South Africa's President Cyril Ramaphosa's African National Congress (ANC) has reversed a proposed 0.5% value-added tax (VAT) increase, which faced strong opposition from coalition partner Democratic Alliance (DA) and other parties. The finance ministry stated that this reversal, just days before implementation, would lead to a significant revenue deficit of 75 billion rand, potentially resulting in further tax increases or spending cuts. Finance Minister Enoch Godongwana acknowledged the decision would necessitate revisiting expenditure plans, as...
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