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Business - Page 48

Oil Prices Surge as Middle East Tensions Escalate

Global oil prices climbed sharply on Tuesday, with Brent crude rising about 1.8% to approximately $111 a barrel, approaching five-month highs, as growing security threats in the Middle East heightened concerns over disruptions to global energy supplies. US benchmark West Texas Intermediate
October 20, 2026

Kenya Government Mulls TikTok Ban To Protect Data

Kenya’s government will limit the use of popular Chinese social media platform TikTok by government officials in order to protect sensitive data as well as the security of Kenyans, the Interior Ministry has said. Interior Cabinet Secretary Kithure Kindiki told parliament that the
March 21, 2024

Mwinyi Woos Investors In Oil, Gas

President Hussein Mwinyi has invited prospective investors in the oil and natural gas sector, saying Zanzibar has put in place competitive, attractive and flexible legal and fiscal terms for investments to thrive. “The government offers immense opportunities for investors in the oil
March 21, 2024
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