Ukraine Will Not Reopen Gas Route Until It Controls Pipeline System
Ukraine will not reopen the Sokhranovka gas transit route from Russia to Europe until Kyiv obtains full control over its…
Day: May 12, 2022
India Tax Authority Froze $478 Million Of Xiaomi Funds In February-Sources, Document
Indian tax officials froze $478 million worth of deposits lying in local bank accounts of China’s Xiaomi Corp in February…
Tesla Exports First Cars From Shanghai Since Reopening Plant – Media
Tesla Inc on Wednesday made its first exports from China, since reopening its Shanghai factory on April 19. A shipment…
Fuel Scarcity Won’t Spread To Lagos, Others – Marketers
Oil marketers have said that the fuel scarcity being experienced in Abuja will not spread to Lagos State and other…
Universal Insurance Set For N10b Recapitalisation- Nigeria
Universal Insurance Plc may soon join the firms that have met the new capital base of N10 billion ordered by…
CMA Sets Tough Rules For Small Firms Issuing Bonds – Kenya
The small businesses will have to be in operation for two years, have a minimum issued share capital of Sh10…
Kenya Shilling For First Time Hits Sh116 Against The Dollar
The shilling closed trading at Sh116.1 to the dollar, compared to Tuesday’s Sh115.99 and has depreciated from Sh113.13 at the…
Tanzania Makes U-turn On Uganda Sugar
Tanzania banned sugar from Uganda in 2019, saying the imports originated from third-party countries.Presidents Samia Suluhu and Yoweri Museveni agree…
Telcos Propose Tax Review, Others To Avert 40% Tariff Hike
Telecommunication companies had recently proposed a 40% hike in the cost of calls, SMS, and data. This is as a…