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News
Operation Saturno Takes Banco Master to Brazil's Top Court
23+ min ago (1227+ words) A São Paulo police inquiry into drug money has reached Brazil’s highest court. With investigators alleging a link to Banco Master and state pension fraud. Operation Saturno, a São Paulo state police investigation into drug trafficking and money laundering, has…...
Lula to Announce End of Brazil's Blusinhas Tax Wednesday
24+ min ago (1045+ words) The move confirms a suspension already in force since May, but Congress has yet to turn it into permanent law. President Luiz Inácio Lula da Silva said he will announce the end of Brazil’s blusinhas tax on Wednesday 26 August 2026. After…...
Dino Voids Brazil Budget Amendments Named by Party Chiefs
25+ min ago (1098+ words) The ruling targets party chiefs without a seat in Congress, leaving amendments allocated by sitting lawmakers untouched. Brazil’s Supreme Federal Court has voided budget amendments directed by party chiefs without a seat in Congress. In a decision that reshapes how…...
Brazil's First Presidential Debate Held With Empty Lecterns
44+ min ago (1202+ words) With the two front-runners absent, the opening face-off drew the smallest lineup since 1989, just days before free TV campaign ads begin. Brazil’s first presidential debate of the 2026 campaign took place on Sunday 23 August 2026 with only three of six invited candidates…...
Kenya's Cost of Running Government Hits a Record
46+ min ago (1016+ words) Eastern Africa · Public Finance —The number: National government spending on operations and maintenance reached KSh1.317 trillion (about US$10.2 billion) in the year to 30 June 2026, up from KSh1.118 trillion (about US$8.6 billion). —The increase: About KSh199 billion (about US$1.54 billion), or 17.82%. On Treasury records…...
Nigeria Opens Central Bank Bills to Small Savers
42+ min ago (996+ words) Western Africa · Markets —The demand: The bank offered 600 billion naira (about US$445 million) on 13 August and received 4.93 trillion naira (about US$3.66 billion) of bids. It allotted 2.60 trillion. —The market: The Nigerian Exchange fell 1.35% in the week to 21 August, with the…...
The Sahel Juntas Open a Parliament in Niamey
40+ min ago (1076+ words) Western Africa · Geopolitics —What is happening: The first confederal session of the Alliance of Sahel States parliaments runs from 24 to 29 August 2026 in Niamey. —Where: Niger’s own Conseil consultatif de la refondation, the body that replaced the dissolved National Assembly, is…...
ANC Campaigns on Power and Water It Has Not Fixed
1+ hour, 8+ min ago (969+ words) Southern Africa · Politics —The launch: President Cyril Ramaphosa launched the ANC’s local government election manifesto, titled Masakhe, at Riverside Park in Diepsloot, Johannesburg, on Sunday 23 August 2026. —The debt: Municipalities owe Eskom, the state power utility, more than R110 billion (about US…...
Cameroon Paid for Roads That Are Still Unfinished
1+ hour, 16+ min ago (1018+ words) Central Africa · Infrastructure —The flagship: The 81.5 kilometre Boucle de la Lekie was 57.03% complete in July 2026, nineteen months past its December 2024 deadline. —The contractor: Arab Contractors Cameroon, the local subsidiary of Egypt’s Arab Contractors, founded in 1955. —Who is blamed: The public…...
South Africa Has Wind But No Wires to Carry It
1+ hour, 11+ min ago (963+ words) Southern Africa · Energy —The plan: South Africa’s Integrated Resource Plan 2025 sets out about 105 gigawatts of new generation capacity by 2039. —The wires: Roughly 14,500 kilometres of new transmission infrastructure, with about R440 billion (about US$27.5 billion) of transmission investment over the next decade....