Anglo American, one of the world’s largest mining companies, is contemplating further cost reductions as it navigates through the toughest economic downturn in years. The company is facing challenges due to a sharp drop in commodity prices and a slowdown in global demand. Despite these obstacles, Anglo American remains committed to finding innovative ways to streamline operations and improve efficiency.
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Tanzania’s ban on foreigners operating small businesses sparks Kenya backlash
Tanzania has prohibited foreign nationals from owning small-scale businesses across 15 sectors, including mobile money and beauty salons, aiming to protect local traders amid concerns over foreign encroachment. This decision has sparked backlash from Kenya, which argues it violates East African Community agreements, potentially harming both economies and prompting fears of reciprocal restrictions. Want More Context? 🔎
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