RSA Daily News Hub - Page 5

EPRA Holds Fuel Prices Steady Despite Rising Operational Costs
Anele Mngadi 15 April 2025 20

EPRA Holds Fuel Prices Steady Despite Rising Operational Costs

For the second month in a row, EPRA has kept fuel prices unchanged in Nairobi, with subsidies substantially increased to cushion oil marketers and transporters from rising operational costs. This decision, influenced by a recent Cost of Service Study, aligns with falling global oil prices to mitigate consumer impacts and stabilize market dynamics.

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Bitcoin Takes a Hit as Trump's New Tariffs Spark Market Tumult
Anele Mngadi 8 April 2025 11

Bitcoin Takes a Hit as Trump's New Tariffs Spark Market Tumult

Bitcoin plunged significantly after President Trump's announcement of major trade tariffs, impacting 15 countries. This sparked substantial losses in corporate Bitcoin treasuries and ETFs. Analysts stress a critical price point at $91,000 for potential recovery, while others see opportunities for Bitcoin as a hedge against dollar instability. Meanwhile, potential regulatory changes and Federal Reserve policies could influence future market moves.

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