Browsing Tag

fees

Iran Eyes $15B From Hormuz Transit Fees Paid in Local Currency

Friday April 17, 2026 Tehran is floating a plan to settle Hormuz transit payments in its own currency, a move Iranian officials say could bolster the rial and unlock as much as $15 billion a year in revenue. / Reuters A proposed bill to formalise Iran’s sovereignty over the Strait of Hormuz is being framed in Tehran as more than a territorial assertion: it is also intended to give the rial a stronger foothold in regional financial dealings, according to Iran’s semi-official ISNA news agency. Ahmad Naderi, a member of…

London mayor considers imposing fees on SUVs across the city

London weighs charges on large SUVs as TfL cites greater safety risks London Mayor Sadiq Khan is considering whether to introduce charges on large SUVs driven in the capital, according to a new Transport for London (TfL) document that warns bigger, heavier vehicles pose a heightened danger to people outside them. TfL’s latest Vision Zero action plan—part of the mayor’s effort to eliminate deaths and serious injuries on the city’s roads by 2041—says there is a “pressing need for targeted safety interventions” related to…

Malawi Eliminates School Fees to Ensure Free Education for All

President Peter Mutharika has announced the cancellation of almost all school-related fees in Malawi, saying the move fulfills a key campaign promise and ordering that "no public school should be requesting learners to make contributions towards the School Development Fund and any other fees, except boarding fees." The directive, disclosed in a presidential statement, is intended to reduce the financial barrier to primary and secondary education and to boost enrollment and completion rates. Malawi currently posts a primary…

Burkina Faso Eliminates Visa Fees for Travelers Across Africa

Burkina Faso's Bold Move: Visa-Free Travel for African Citizens In a significant stride towards Pan-African integration, Burkina Faso has announced the elimination of visa fees for all African travelers. This refreshing decision, articulated by Security Minister Mahamadou Sana, aims to foster the free movement of people and goods across the continent—a dream long cherished by many as a pillar of the African Union's agenda. The Vision Behind the Decision Burkina Faso's new policy envisions a continent less shackled by…