China’s GDP growth slows to 4.7%, below forecasts

China’s economy expanded at a slower-than-forecast 4.7% annual rate in the last quarter, the government reported Monday, while emphasizing signs of improvement in factory output, income and investment. The expansion was sharply below the 5.3% annual pace of growth seen…

Lessons from Kenya’s tax hike uprising

A raft of fiscal reforms by President William Ruto of Kenya, aimed at increasing the country’s revenue to address its mounting fiscal challenges, has got the East African nation rumbling since last month. A Finance Bill with a new tax…