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Putin Stresses Russia Must Avoid Economic Recession

Russian President Vladimir Putin has warned that the Russian economy must not be allowed to slide into a recession, even as economists and government officials raise the alarm over signs of slowing growth and stagnation. Speaking at the St. Petersburg International Economic
June 21, 2025

Putin Signals Possible Russian Advance on Ukraine’s Sumy

Russian President Vladimir Putin stirred fresh concern on Friday by suggesting his forces might take control of the Ukrainian city of Sumy, located near the Russia–Ukraine border. Speaking at the St. Petersburg International Economic Forum, Putin said he did not “rule out”
June 21, 2025

BRICS Alliance Reshapes Global Economic Power Map

Russian President Vladimir Putin delivered a spirited speech spotlighting the rising influence of the BRICS economic bloc. He declared that the coalition now makes up 40% of the world’s economy—and he expects that number to grow further, especially as the Global South
June 21, 2025

Tanzania to Host CHAN 2024 Opening Match

The stage is set for a momentous football celebration as Tanzania Mainland prepares to host the opening match of the 2024 African Nations Championship (CHAN), scheduled to kick off on August 2, 2025, at the Benjamin Mkapa Stadium in Dar es Salaam.
June 21, 2025

Iran Refuses Nuclear Talks Amid Israeli Airstrikes

In a defiant tone on Friday, Iran declared that it would not return to the negotiating table over its nuclear programme while under continued military assault by Israel a statement that deepens global concerns over a conflict now drawing attention from the
June 21, 2025

Retained Earnings Tax Sparks Heated National Debate

The Tanzanian government’s recent proposal to introduce a 10 percent withholding tax on retained earnings has ignited wide-ranging debate, drawing both support and skepticism from economic analysts, Members of Parliament, and the private sector. Announced as part of the 2025/2026 national budget,
June 19, 2025

East Africans To Shoulder Heavy Debt Repayments

The public debt crisis in East Africa is tightening its grip on national budgets, with fresh data showing that Kenya, Uganda, and Tanzania will collectively spend over Tsh60 trillion (approx. $23 billion) on debt servicing during the 2025/2026 financial year. This growing
June 19, 2025
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