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Business - Page 60

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

TRA lowers tax on Sprits, liquors’ stamps

The Tanzania Revenue Authority (TRA) has announced new prices (fees) for tax stamps where the tax price for all Spirits and Liquors will now be 33,392.00 instead of 42,214.37. Statement issued by the TRA stated ,that the new prices came into effect
February 7, 2024

Kenya, Poland sign agreements on agriculture and taxes

Kenya has signed two bilateral agreements with Poland aimed at boosting relations between the two countries. The signing of the agreements on agricultural cooperation and tax solidarity at state house in Nairobi on Monday was witnessed by President William Ruto and his
February 6, 2024

Imported sugar supply begin to ease shortage

The sugar shortage that drove prices to record highs is finally poised to ease as distribution of imported sweeteners began on Monday to fill in the supply gap. The Minister for Agriculture, Hussein Bashe said on his X account that a consignment
February 6, 2024
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