Business

Oil prices fall as US pauses strikes on Iran over strait of Hormuz

Oil prices fall as US pauses strikes on Iran over strait of Hormuz

Brent crude drops 9% to below $88 a barrel, prompting UK government bond yields to fall Business live – latest updates Oil prices have dropped sharply as traders bet that a pause in US attacks on Iran could prevent an escalation in the…

Kenya: SGR Services At Risk As Rail Workers Threaten Industrial Action

[Capital FM] Nairobi -- Railway workers have threatened to paralyse train services across the country, including the Standard Gauge Railway (SGR), if Kenya Railways fails to address what they describe as years of poor pay, deteriorating…

Four men, reportedly Pakistani nationals, gunned down in South Africa

Dawn

Four men, reportedly Pakistani nationals, gunned down in South Africa

Four men, reported to be Pakistani nationals, were gunned down in a suspected ambush in South Africa, it emerged on Monday. South African news platform News24 reported on Sunday that the incident occurred in Kempton Park, a city in the…

Dawn

South Africa: Salaries Crept Up, but Buying Power Just Hit a Two-Year Low

[Scrolla] Funda ngesiZuluCompiled by Anita Dangazele

Kenya: COFEK Moves to Block Proposed Nairobi-Nakuru Highway Toll

Kenya: COFEK Moves to Block Proposed Nairobi-Nakuru Highway Toll

[Capital FM] Nairobi -- The Consumer Federation of Kenya (COFEK) has moved to court seeking to suspend the government's proposed Sh8-per-kilometre toll charges on two of the country's busiest highways, setting the stage for a legal battle…

Tariffs are Trump’s favorite plaything – and his justifications are absurd | Steven Greenhouse

Tariffs are Trump’s favorite plaything – and his justifications are absurd | Steven Greenhouse

The president is using forced labor as a pretext to slap tariffs on countries around the world With the midterm elections less than four months away, it’s a precarious time for Donald Trump and Republicans: Trump’s war against Iran is…

Policy uncertainty is muddling retirement planning — and advisers are just as confused

Policy uncertainty is muddling retirement planning — and advisers are just as confused

Market optimism may be masking deep retirement risks.

Rwanda: Cabinet Approves Concession Agreement for High-Value Therapeutic Crops Project

[New Times] The Cabinet has approved a concession agreement between the Government of Rwanda and InipasvalleyRw Ltd for the High-Value Therapeutic Crops Project.

East Africa: Tanzania Unveils Plans to Supply Natural Gas to Uganda, Kenya Through Pipelines

[Daily News] Zanzibar -- TANZANIA has unveiled plans to supply natural gas to Uganda and Kenya through a single cross-border pipeline, in a major regional energy initiative aimed at expanding access to clean energy and deepening East…

Nigeria: Environmental Remediation - Oil Community Demands Use of ₦126.85 Billion Gas Flare Penalties

[Premium Times] Residents of Unyenge, an oil-producing community in Akwa Ibom, have demanded access to ₦126.85 billion in gas flare penalties, insisting that the funds be used to restore their degraded environment, as provided under the…

The S&P 500 is echoing its 2021 setup, according to Morgan Stanley

The S&P 500 is echoing its 2021 setup, according to Morgan Stanley

Investors have been pivoting toward high-quality megacap stocks as more companies adopt artificial-intelligence tools.

China opposes U.S. ‘forced labour’ tariffs, calls for them to cancelled

The Hindu