Ezimtoti News

ILLICIT FINANCIAL FLOWS ARE DERAILING AFRICA’S FUTURE

The challenge of illicit financial flows (IFF) continues to undermine the future of Africa. This concerning issue hampers our ability to adequately fund education, healthcare, and critical development projects that are essential for lifting our people out of poverty and fostering sustainable economic growth. As business leaders, politicians, academics, and citizens, we cannot sit back….

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RETAIL SALES SURGE IN APRIL

Consumer spending began 2Q25 on a strong note, with retail sales rising by 5.1% y/y in April—up from a revised 1.2% in March (previously 1.5%), and significantly above market expectations of a 3.1% increase. On a monthly basis, retail volumes rebounded by 0.9%, following a 0.3% decline in March. Despite April’s strong performance, retail activity…

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