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Africa

Africa: Rising Petroleum Prices Rattle Africa’s Insurance Outlook

eriinfo.com1 month ago06 mins

Kampala, Uganda — Insurance leaders across Africa are warning of a potential economic slowdown as surging global petroleum prices ripple through key sectors, driving up operating costs, inflation and financial risks because of the US-Israel war against Iran, which began on Feb. 28. Speaking at the 11th Continental Reinsurance CEO Summit in Kigali on April…

UK in dire straits after finance minister’s tears rattle markets

eriinfo.com11 months ago07 mins

Prime Minister Keir Starmer and Finance Minister Rachel Reeves to his right, looking visibly upset, in the House of Commons on Wednesday. Image sourced under the Open Parliament Licence v3.0 All eyes are now on the U.K.’s ruling Labour Party for any sign of further political fractures that could rattle Britain’s economic stability, after the…