Temporary reprieve: Public transport strike over steep rise of fuel prices in Kenya suspended
Negotiations on Monday, the first day of the strike, failed to reach an agreement despite the government agreeing to lower the diesel price by about 10 shillings a litre. Transport operators had sought a deeper 46-shilling-per-litre reduction in the price of diesel, the main fuel they use.
Schools and state functions in Africa stall in wake of Iran war despite continent’s rich oil resources
Across Africa, from north to south and from east to west, the war waged by the US and Israel on Iran is wreaking havoc, bringing to life the old cliché, “When elephants fight, it is the grass that suffers.”
Transport paralysed, five people killed by police as Kenya braces for violent election season ahead
Kenya’s fuel prices hit a record high on Friday, with the diesel price increasing by 23.5 per cent and gasoline by 8 per cent. The government attributed the previous price increase to the Iran war and its effects on energy supplies, but it reduced taxes to lessen the shock for consumers.
Iran war ripple effect: How fuel scarcity and sky-high cost are giving a flip to electric bikes uptake in Nyanza and western Kenya
Several companies, including Spiro Kenya, Roam Electric, Ampersand and Ecobodaa are rapidly expanding businesses around the country by establishing battery-swapping stations and introducing financing programmes specifically tailored for boda riders.
China zero tariff cuts open new route for African agricultural produce via inland Hunan
Under the upgraded policy, China has become the first major economy to offer unilateral, across-the-board zero-tariff treatment to all its African diplomatic partners and to all least-developed countries with which it has diplomatic relations.
UAE exit from OPEC signals desire for autonomy in an increasingly volatile oil industry
On a larger scale, Jumaa Mohammed, a politics professor at Iraq’s Tikrit University, argues that the OPEC has increasingly struggled to balance the differing production strategies of its members.
Kenya’s record fuel hike is the trigger consumers needed to inflame muted anger as Middle East crisis bites – analysts
On Tuesday, the country’s energy regulator raised the prices of super petrol and diesel by record margins of Ksh28.69 (about $0.22) per litre and Ksh40.3 per litre, respectively. The effects were immediate. In the public transport sector, operators, commonly known as matatus, raised fares by about 25 percent overnight.
Tanzanian government weighs possibility raising prices as Middle East crisis persists
Tanzanian Prime Minister Mwigulu Nchemba said on Sunday that the government is undertaking a comprehensive assessment of rising fuel prices, emphasising a cautious approach to avoid hasty decisions that could worsen the situation. Speaking to residents in the Chamwino District of the Dodoma Region, Nchemba said the ongoing evaluation is...
Sticking points for US-Iran talks: ‘Chances of renewed tensions outweigh prospects for a real diplomatic breakthrough’
US President Donald Trump on Thursday threatened Iran to stop the tolling. A day earlier, he told ABC News that he is considering a “joint venture” with Iran to charge fees for crossing the Strait, and wrote on social media that “big money” could be made by the United States “helping with the traffic build-up in the Strait of Hormuz.”
Pakistan tables last minute proposal to avert further US-Iran hostilities as Trump’s deadline for Tehran to reopen Strait of Hormuz looms
On Sunday, the United States, Iran, and regional intermediaries were reportedly holding talks centred on a 45-day pause in hostilities, the first stage of a broader two-phase agreement that may bring the conflict to a temporary close.
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