Tag: market regulation
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Court orders government to buy local rice within 30 days before duty-free imports begin
Overview of the Court Ruling A Kenyan court has mandated that the government purchase a portion of locally grown rice within 30 days before allowing duty-free imports to proceed. Justice Edward Muriithi ruled that the importation of 254,000 metric tonnes of duty-free rice should be carried out in three phases: 85,000 metric tonnes on March…
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Ministry Refuses to Serve SEC Summons on Adani Group Over Technical Objections, Court Filings Show
Background: What Happened? The Indian Ministry of Law and Justice reportedly declined to accept or facilitate the service of U.S. Securities and Exchange Commission (SEC) summons on Adani Group companies. Court filings reviewed by The Indian Express reveal that authorities raised technical objections that prevented the formal service process from advancing. This development marks a…
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How Grocery Giants Control Who Can Sell Food in Your Neighbourhood
Overview: Why neighbourhood grocery access matters In many Canadian communities, the way food gets onto shelves isn’t just about supply and demand. Investigations by CBC’s Marketplace show that the largest grocery chains — Loblaws, Sobeys, and Metro — exert influence over who can operate food-related businesses in their regions through property and lease practices. This…
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Abossey Okai Spare Parts Dealers and GUTA Renew Cooperation After Constructive Talks
Background: A New Chapter for Ghana’s Auto Spare Parts Trade The Abossey Okai Spare Parts Dealers Association, a key hub for automotive spare parts in Ghana, has renewed its commitment to collaborate with the Ghana Union of Traders’ Associations (GUTA). This renewal follows a series of constructive discussions that are being described as a reset…
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Abossey Okai Spare Parts Dealers, GUTA Renew Cooperation After Constructive Talks
Overview: A Renewed Partnership in Ghana’s Spare Parts Market The Abossey Okai Spare Parts Dealers Association has renewed its commitment to collaboration with the Ghana Union of Traders’ Associations (GUTA) after a series of constructive talks. The discussions, described by participants as frank, respectful, and forward-looking, have reset relations between the two key groups that…
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Why Prices Are Rising Unfairly: How Businesses Exploit New Tax Rules
Introduction: A Sharp Rise in Prices and Public Concern Across many parts of the country, consumers report unexpected price hikes on everyday goods and services following the rollout of newly introduced tax laws. While tax reforms are meant to simplify and standardize how firms contribute to public finances, investigations and market observations show that a…
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Why Businesses Are Hiking Prices Unfairly: A Closer Look at Tax Changes and Market Ethics
Introduction: A Growing Concern for Consumers Across regions, shoppers are noticing a familiar pattern: prices for everyday goods and services creeping upward in ways that seem disconnected from production costs. Saturday PUNCH’s investigations point to a troubling possibility — some businesses are using newly introduced tax laws as cover to arbitrarily raise prices. This article…
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Power Producers Back Higher WESM Secondary Price Cap to Attract Investment
Stability and Signals: Why the WESM SPC Hike Matters A coalition of independent power producers (IPPs) has welcomed the 19-percent increase in the Wholesale Electricity Spot Market (WESM) secondary price cap (SPC). The change, announced by the Philippine energy regulator and market operators, is seen by industry players as a move that could reduce price…
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Singapore’s Way Forward: A Timely Push to Help Retail Investors Seek Compensation for Losses
Introduction: A Regulator’s Resolve Singapore’s stock market has shown new life in recent months, driven in part by energetic regulatory action from the Monetary Authority of Singapore (MAS). The central bank’s latest proposals focus on enhancing protections for retail investors and clarifying avenues to seek redress for wrongful losses. As investors navigate a more complex…
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Impact of Ending Price Caps on Basic Food Products
Introduction In a recent announcement, the government has decided not to extend the price caps on basic food products. This decision has raised concerns among consumers, retailers, and economists alike. Understanding the implications of this policy change is crucial for all stakeholders involved. What Was the Price Cap Policy? The price cap policy was initially…