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Nepal’s Edible Oil Resurgence Sparks Trade Manipulation Concerns
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Kathmandu, May 24 – Exports from Nepal witnessed a significant rise of 72.71 percent during the initial ten-month period of the present fiscal year, which concluded midway through May. The substantial growth can largely be attributed to the re-exportation of various edible oils—most notably soybean, sunflower, and palm oil—which are products that Nepal lacks…
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Finance Minister Supports Fabag’S Call For Broad Price Cuts
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The Food and Beverage Association of Ghana (FABAG) has reported that the costs of major products in their industry are starting to drop, with expectations for additional decreases over the next few weeks. At a stakeholders meeting alongside the Finance Minister, John Awuni, who serves as the Executive Secretary of FABAG, verified that the…
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Tokyo Stocks Surge Following U.S.-U.K. Trade Deal
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Tokyo stock prices surged significantly on Friday following a trade deal between the United States and Britain, which sparked optimism about advancements in negotiations between Washington and other trading nations. The Nikkei Stock Average with 225 issues concluded trading 574.70 points, equivalent to an increase of 1.56%, reaching 37,503.33, surpassing the 37,000 mark for…
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Perseus Mining Transfers Gh₵73M Dividend To State: International Edition
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Perseus Mining (Ghana) Limited has paid a dividend of GH₵73.5million – approximately US$5million –\xa0 to government for the 2024 financial year. Perseus declared a total dividend of US$50million for the 2024 financial year. The state has a 10 percent carried interest through the Ministry of Lands and Natural Resources. Speaking during the presentation of…
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Why Africa Should Unite Economically Against Us Tariffs, Not Retaliate Fragmentedly
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By Ephraim Ofori NUMOSUOR In an kurun marked by geopolitical maneuvers driven by economics and strategic partnerships, Africa must not stay as a collection of disconnected markets. The recently implemented tariffs imposed by the United States on numerous imports, which include goods from Africa, have prompted distinct reactions from different countries across the continent.…
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What’S Inside The New Us-Uk Trade Deal?
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The “landmark” US-UK trade deal revealed on Thursday by President Donald Trump marks the initial accord to be disclosed since he imposed significant tariffs on both friends and foes starting from April 2. This is what we understand regarding the fresh trade agreement for products: ‘Increased market access’ The initial “base” tariff of 10…
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Uk Inflation Spike: See How Fast Prices Are Soaring!
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In the year leading up to March, prices in the UK increased by 2.6%, which is lower than the prior month’s rise yet remains above the Bank of England’s targeted figure. The Bank of England adjusts interest rates to aim for an inflation rate of 2%, and in 2025, it reduced them twice, bringing…
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Uk Firms Can Bid On Govt Tenders Over Rs 200 Cr Post-Fta, Says Piyush Goyal
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In New Delhi [India], on May 8 (ANI), the Union Commerce and Industry Minister provided additional information regarding the Free Trade Agreement between India and the UK. Piyush Goyal mentioned that UK-based suppliers will qualify to bid for government contracts only if the order exceeds Rs 200 crore. The Union Minister also mentioned that…
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Morocco Boosts Sustainable Growth With €65 Million Ebrd Green Fund
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Morocco has obtained €65 million in green funding from the European Bank for Reconstruction and Development (EBRD) to aid its national shift towards a more sustainable, low-carbon economic model. The financial support, which is part of the EU-supported Morocco Decarbonisation and Climate Resilience initiative, will focus on enhancing climate resilience, promoting an energy shift…