Finance

International Finance: Oil prices settle up on possible supply disruption, hopes for China demand

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Oil prices settled higher on Tuesday, driven by concerns over limited supply from Russia and Iran because of Western sanctions and expected higher Chinese demand… https://www.dailymaverick.co.za/article/2025-01-08-oil-prices-settle-up-on-possible-supply-disruption-hopes-for-china-demand/

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Finance Bill 2024 Proposes 80% Increase in Cooking Oil Prices, Manufacturers Lament

Finance Bill 2024 Proposes 80% Increase in Cooking Oil Prices, Manufacturers Lament

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The Edible Oil Manufacturers Association of Kenya has opposed the new proposed tax measures contained in the 2024 Finance Bill, arguing they will have to increase cooking oil prices by 80 percent. The Bill seeks to impose a 25 percent excise duty on vegetable oils, which the association describes as a “potential humanitarian crisis that

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