Tag: hike
Zambia’s energy regulator refutes reports of impending fuel price hike
Zambia's energy regulator on Friday refuted reports that it intends to effect a price increase of fuel by 20 percent.
Kwali...
Zimbabweans feel the pinch as public transport fare doubles following fuel price hike
by Tafara Mugwara
Zimbabwe's sole public transport provider, the Zimbabwe United Passengers Company (Zupco), last Saturday hiked urban transport fares...
Sudan’s inflation rate hits 35 percent due to hike of energy prices
Sudan's inflation rate rose to 35.52 percent in May, compared to 34.81 percent in April, an official report said Monday.
The report...
Increased in work permit fees impedes aid efforts to South Sudan
South Sudan's decision to hike permit fees for foreign workers may hamper humanitarian assistance to millions of people displaced by conflict and natural disasters...
U.S. stocks rally amid Trump’s speech, rate hike concern
U.S. stocks posted solid gains for the first week of March, as investors mainly cheered over President Donald Trump's speech to Congress and remarks...
US Fed rate hike has global ramifications – Terkper
The hike by the United States (US) Federal Reserve (Fed) in its interest rate has the potential to affect rates in many other...
Zambia bus fares go up after fuel price hike
The Bus and Taxi Owners Association said the bus and taxi fares have been increased between 15 and 18 percent. Last week, the Energy...
Labor Unions in Nigeria asked to halt planned strike
The organized labor in Nigeria had, last Friday, gave the government a notice of impending nationwide industrial action if the hike in domestic fuel...
Rouhani predicts a hike in Iran’s economic growth
He put the economic growth of the country in the current Iranian calendar year, ending on March 20, at 3 percent...
Zambia in a fiery state over high nomination fees
by Elias Shilangwa
Zambia's decision to significantly increase nomination fees for candidates in the general elections in August has sparked heated discussions.
Some say the...
Kenya pledges action on tuition fees hike after public outcry
Deputy President William Ruto said on Monday that implementation of harmonized tuition fees guidelines for all public schools will ensure that no child is...
Kenya mulls options to raise funds to pay teachers after hike
by David Musyoka and Peter Mutai
The Kenyan government is weighing three options to raise about 170 million U.S. dollars needed to pay teachers...
IMF official ask U.S to hold off interest rate hike
To the International Monetary Fund (IMF), low inflation or deflationary pressure seems to be a tough task for every economy, thus it suggested that...
Ghana Launches Ambitious Program To Hike Power Generation
An ambitious programme to hike electricity generation has been launched in Ghana to help alleviate the frequency of blackouts, with a particular focus on...
Electricity tariff hike strongly opposed in South Africa
A decision by electricity utility Eskom to raise tariff hike to cope with power outages has met with strong opposition.
The...
Zambia’s digital satellite provider defends subscription fees hike
Zambia's leading pay-to-view television channel, DStv, on Saturday defended its decision to increase subscription fees, which have raised a public outcry.
Multichoice Zambia, a subsidiary...
US growth forecast cut to stem minimum wage hike
The International Monetary Fund (IMF) has slashed its US growth forecast, urged policy makers to keep interest rates low and raise the minimum wage...
Dangote Tackles Cement Price Hike
Against the background of the skyrocketing price of cement in the market, leading cement manufacturer, Dangote Cement Plc has released into the market, a...