Oil Prices Dip, Stocks Rise on Lingering Iran Peace Hopes
Crude plunged on Friday after Tehran said it would allow ships to transit the Strait of Hormuz, which had been effectively closed since the war began on February 28.
Category: Development
Orca Energy To Exit Tanzania Amid Heavy Investment Costs
Orca underscored that its withdrawal is part of a long-term strategy to preserve capital for shareholder dividends and to realize value from its Tanzanian assets.
Kampuni Ya Nishati Ya Orca Kuondoka Tanzania Kufuatia Gharama Kubwa Za Uwekezaji
Orca imesisitiza kuwa kujiondoa kwake kunalenga kulinda fedha kwa ajili ya mgao wa wanahisa na kutimiza mkakati wa muda mrefu wa kupata thamani kutoka kwa mali zake za Tanzania.
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France, UK to Host Summit on Hormuz This Week
Britain had convened “more than 40 nations who share our aim to restore freedom of navigation” and the summit will discuss ways to protect shipping “when the conflict ends,” Starmer said.
Oil Surges, Stocks Drop as Trump Threatens to Block Hormuz
Oil prices surged and stock markets broadly fell Monday after US-Iran peace talks broke down and President Donald Trump announced a plan to block the strategic Strait of Hormuz, ratcheting up fears for Middle East energy supplies.
Oil Prices Rally, Stocks Edge up After Trump’s Latest Iran Threat
As the Middle East war entered its sixth week, the US president warned Tehran that its civilian infrastructure would be destroyed if it did not let ships through the waterway, through which a fifth of global crude and gas passes.
Ongezeko bei ya mafuta lachochea hofu ya mfumuko wa bei
Ongezeko hili kubwa zaidi ya asilimia 33 kwa petroli na dizeli ndani ya mwezi mmoja linatokana na mzozo unaoendelea Mashariki ya Kati, kati ya Marekani, Israel na Iran, ulioonza tangu Februari 28, 2026.
Kenya, Uganda double down on rail extension burdened by Chinese debt
The presidents of Kenya and Uganda met near their shared border Saturday to mark the multi-billion-dollar, long-delayed extension of a Chinese-built railway that has left Kenya heavily in debt.
World Bank Bars PwC Kenya and Rwanda From Projects Over Ethiopia Power Tender
The World Bank said the sanction follows findings of fraudulent and collusive practices connected to consultancy work under the Eastern Electricity Highway Project, which is part of the Eastern Africa Power Integration Program.
Ripoti ya Tume:Mfumo wa kodi unahitaji marekebisho makubwa
Akiwasilisha ripoti hiyo, Mwenyekiti wa Tume Ombeni Sefue alieleza kuwa mfumo wa sasa wa kodi una changamoto kubwa zinazowaumiza wananchi na kudhoofisha imani yao kwa serikali.
