Africa: Wafu B Women’s Champions League Qualifiers – Ampem Darkoa Shock Edo Queens As Usfa Cruise Into Semi-Finals

Africa: Gulf Shock, African Shield

Cairo, Egypt — Africa’s multilateral lender, African Export-Import Bank, has approved a $10 billion emergency facility to shield African and Caribbean economies from the fallout of escalating tensions in the Gulf, as policymakers race to contain a fresh wave of global economic disruption. The lender’s board signed off on the Gulf Crisis Response Programme (GCRP),…

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Government steps in as fuel shock hits

Government steps in as fuel shock hits

The government said on Tuesday that it would temporarily reduce its general fuel levy by R3/l for one month to offset the impact of the Iran war on domestic fuel prices. However, the move was still not enough to prevent petrol and diesel prices surging on Wednesday, with diesel set to cost up to R7.51/l…

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World hit by worst oil shock since the 1970s

World hit by worst oil shock since the 1970s

Share markets nosedived in Asia on Monday as the inflationary jolt from surging oil prices threatened to raise living costs and interest rates across the globe, while investors desperate for liquidity fled to the US dollar. Brent crude soared 27% to US$117.58/barrel, the biggest daily gain since at least 1988, which came on top of…

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