ENERGY Minister Awais Laghari said on Wednesday that the National Transmission and Despatch Company (NTDC) was being restructured with the creation of the Independent System and Market Operator (ISMO) under the ongoing energy sector reforms. Addressing an event on “Governance…
THE government is mulling over winding up Pakistan Agricultural Storage and Services Corporation (Passco) as its role in wheat procurement will come to an end after the proposed creation of a free market. Additionally, the government has decided to draw…
PAKISTAN has assured the International Monetary Fund that despite initial delays, it still remained hopeful of securing the Chinese debt rescheduling and will receive oil from Saudi Arabia on deferred payments as part of its efforts to fill the $5…
TURKEY’S exports to African countries exceeded $15bn between January and October 2024, reflecting a 1.8 percent rise in trade compared to the same period last year, according to Turkish Exporters Assembly (TIM) data compiled by Anadolu Agency. This boost in trade…
THE African Development Bank Group (AfDB) has invested $55bn over the past decade to strengthen regional connectivity across Africa, underscoring its commitment to continental integration and economic growth. Dr. Joy Kategekwa, Director of Regional Integration at the AfDB, shared this…
JUST days after Donald Trump’s victory in the US presidential election, Meg Whitman, the US Ambassador to Kenya, has submitted her resignation to President Joe Biden. In a statement on Wednesday, Whitman announced her departure, reflecting on her time in…
THE Ethiopian Industrial Parks Development Corporation (IPDC) has announced that Ethiopia’s first free trade zone, the Dire Dawa Free Trade Zone, is now fully operational. This development is set to attract international manufacturing companies to Ethiopia, strengthening the East African…
AN estimated 4,000 illegal miners are still trapped underground in a disused mine in Stilfontein, North West Province, South Africa, as rescue efforts remain on hold due to heavy rainfall, provincial police confirmed on Wednesday. The miners, who are working…
THE fishing agreement between the European Union and Senegal, in place since 2019, will officially end at midnight on Sunday after the Senegalese government failed to take action against illegal, unreported, and unregulated (IUU) fishing in its waters. Jean-Marc Pisani,…
A COALITION of Guinean opposition groups, civil society organisations, and activists, known as the Forces Vives, issued a strong call on Tuesday for Guinea’s military junta to restore civilian rule by January 1. The junta, which took power in a…
