Turbulence

Analyzing the Competitive Pricing Strategy of Dangote Refinery The recent moves by the Dangote Refinery to cut fuel prices are not just a reaction to market dynamics; they mirror a calculated strategy reminiscent of past actions. Earlier this year, the refinery's tactics stirred a pricing war with the Nigerian National Petroleum Corporation (NNPC), effectively reshaping the country's fuel landscape. It prompts one to ask: how much influence can a single player have in such a pivotal market? Last week, the Dangote Oil…

Uncertainty Looms Over Somalia’s NCC in Mogadishu Amid Delays and Boycotts MOGADISHU, Somalia — There's an unsettling air of uncertainty hovering over Somalia's National Consultative Forum (NCC). Originally set to convene on May 1st, it faced a second postponement to May 5th, only to be delayed yet again. Reasons for this disruption are closely tied to the absence of pivotal delegates from various Federal States. Presently, only the leaders from SSC-Khaatumo, Firdhiye, and HirShabelle have managed to…

In a bold move, US President Donald Trump has issued a stern warning to foreign governments, stating they will need to pay "a lot of money" to lift extensive tariffs, which he has described as necessary "medicine." This declaration has sent shockwaves through global financial markets, resulting in a significant downturn. Asian stocks fell sharply, and US stock market futures showed a steep decline as investors expressed concern that these tariffs could drive prices up, weaken demand, and ultimately lead to a potential…

NAIROBI, Kenya – A Diplomatic Dance Across East Africa by Ethiopia’s Intelligence Head With a diplomatic flair that could rival even the most seasoned politicians, Ethiopia's intelligence chief, Redwan Hussien, has navigated the swirling currents of East African politics during his recent sojourn. Picture a chess match played out across the punctuated landscapes of three nations. The journey ended last weekend, marked by tête-à-têtes with Kenya’s President, William Ruto, and Uganda’s iconic leader, Yoweri…

The vibrant colors of the North Western State of Somalia flag waved through the air at a bustling rally in Hargeisa on November 8, 2024, marking the region's anticipation for the upcoming presidential election. The North Western State of Somalia National Electoral Commission confirmed that over a million citizens are set to cast their votes this Wednesday, deciding on their leader for another five-year term. The three presidential contenders aim not only to cement North Western State of Somalia’s delicate political…

Captured on a screen in Seoul, South Korea, the image of Donald Trump, once again the Republican presidential nominee and former President, graced Wednesday’s news programs on November 6, 2024. (AP Photo/Lee Jin-man) LONDON (AP) — The voice of American voters resounded louder and clearer than anticipated by many experts. As the world waits, a cloud of unease gathers over Donald Trump's re-election as President, stirring apprehensions among his allies about potential global instability. With a commanding lead beyond the…

MOGADISHU, Somalia - A fierce storm is brewing in Somalia's delicate democracy, fueled by the discord over proposed changes to the constitution. These changes are spearheaded by President Hassan Sheikh Mohamud, who stands firm despite a brewing political tempest. Hassan Sheikh envisions a shift to elections by universal suffrage, moving away from the elder-dominated political approach. For thirty years, Somalia has operated under this indirect system amid persistent turmoil. Amidst fierce constitutional debate on…