What East Africans pay for fuel in wake of global oil price plunge

Tougher government terms that will squeeze corporate rewards, not the sharp crude price drop, are the more potent threat to east Africa’s oil boom.

Global Pact to Contain Oil Price Crash Takes Shape  VOA News

'There is potential this could go even lower.' Oil prices plunge to 17-year lows as demand drop threatens..  Markets InsiderUS crude oil price falls below $20  Financial TimesOil Plummets to 17-Year Low as Broken Market Drowns in Crude  BloombergSaudi-Russia oil war is a game theory masterstroke  Financial TimesWelcome to a Truly Free Oil Market  BloombergView Full coverage on Google News

>Legislators wound up a heated debate on the Tegeta escrow account scam yesterday, with Deputy Finance Minister Mwigulu Nchemba directing the taxman to collect all money due from those linked with the scandal through Mkombozi and Stanbic banks.

The Observer
East Africa: Why All East Africans Are Looking Up to Magufuli
AllAfrica.com
In the club of East Africa's Presidents, Tanzania's new leader John Pombe Magufuli is a lonely man. His peers threw their weight behind his electoral opponent, and when he won, they refused to even acknowledge him with routine congratulations. In ...
What would Magufuli do to attain sustainable energy access in Africa?The Observer (blog)

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>The Surface and Marine Transport Regulatory Authority (Sumatra) plans to review bus fares in the wake of the sharp drop in fuel prices in recent months.

Yes, armed bandits must pay a price
Daily News
IT came to light early this week that police officers have left no stone unturned in tracing the thugs who killed four of their number at Sitakishari Police Station, on the outskirts of the city of Dar es Salaam, when the assailants raided the station ...

Yes, greedy people must pay a price
Daily News
Among the measures proposed by the MPs include confiscation of property, execution of leaders convicted of corruption and full empowerment of the Prevention and Combating of Corruption Bureau (PCCB). It is understood that corruption is rampant in the ...

US crude oil price falls below $20  Financial TimesOil Plummets to 17-Year Low as Broken Market Drowns in Crude  BloombergCrude oil futures slide as pandemic darkens demand outlook  CNBCWhy Saudi Arabia is likely to blink first in oil price war with Russia  South China Morning PostWelcome to a Truly Free Oil Market  BloombergView Full coverage on Google News