Mortgage Surge, Homeownership Still Out of Reach

The Growth of Tanzania’s Mortgage Market Tanzania’s mortgage market is experiencing steady growth, yet home ownership through formal financing remains a distant dream for many. High interest rates, expensive properties, and a lending system that caters to a narrow segment of the population continue to pose significant challenges. According to the latest data from the…

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GDP Rebase: A Larger Economy for Everyone

A New Economic Snapshot for Nigeria Nigeria’s recent GDP rebasing marks a significant milestone in the country’s statistical history, offering a more accurate and comprehensive view of its economic landscape. After over a decade, the National Bureau of Statistics (NBS) has recalculated the nation’s GDP, reflecting a broader range of economic activities that were previously…

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European Hotspot’s Tough New Rules for Tourists – Big Fines Imposed

Malaga Tackles Tourist Misbehavior with a 10-Point Plan Malaga, a vibrant Spanish city on the Costa del Sol, is taking a strong stance against inappropriate tourist behavior this summer. The city has introduced a 10-point guidance plan aimed at promoting respectful conduct among visitors. This initiative includes encouraging proper dress, respecting local customs, and maintaining…

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South Korea uses shipbuilding links in final US tariff negotiations

South Korea’s Shipbuilding Industry as a Strategic Asset in U.S. Trade Talks South Korea’s shipbuilding industry is becoming a central element in the ongoing tariff negotiations between Seoul and Washington. The U.S. Secretary of Commerce, Howard Lutnick, has shown significant interest in South Korea’s proposed shipbuilding collaboration during recent discussions with Minister of Trade, Industry…

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