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The economic situation in Zimbabwe is getting worse, as trade unions and protesters call for a three-day strike. It came after the cost of petrol and diesel more than doubled on Sunday.

In exercise of power conferred under Section 178 of the Electricity Act, 2003 (the Act), the Commission has prepared the draft notification of Central Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations, 2019 for the tariff period commencing from 1.4.2019.

Draft tariff regulations (2019-24) are positive for regulated utilities as base RoE remains unchanged at 15.5% (our expectation: cut to 14%). Key overhang of cut in RoE is behind company – a major positive.

Major oil and gas exporters have weathered many upheavals in recent decades but a renewed commitment to reform and economic diversification will be vital to cope with the changing dynamics of global energy.

Adoption of liquefied petroleum gas (LPG) as a clean cooking solution is lagging behind Kenya's 2030 development goal, despite several government initiatives along the LPG value chain. Until now, the government's strategy focused on reducing the cost of LPG and increasing its use among lower-income Kenyans.

Farmers have decided to hand over keys of their tractors to the local authorities at Samrala in a symbolic protest over the rising diesel prices on Tuesday.

Energy prices are a significant part of our domestic expenditures, play an important role for industrial competitiveness and influence energy consumption patterns. End-use prices -paid by final consumers- are affected by movements in commodity markets as well as policy decisions.

Although the global economy is projected to remain strong in 2018, a new report by Economist Intelligence Unit (EIU) estimates high levels of risks that either come from smaller regional hotspots, or are global in nature.

The global economy is in a broad-based cyclical recovery. Investment, manufacturing and trade are on the rebound. Financing conditions are benign, monetary policies are generally accommodative, and the worst impacts of the recent commodity price collapse have begun to dissipate.

The implementation of fuel surcharges has been strongly advocated by the Union Government as a measure to alleviate the financial predicament of DISCOMs. In this context, the report studies the various processes, methodologies, and practices across states to determine, levy, and recover fuel surcharges.

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