Pre-Trading Thoughts

Gold exporters will need to receive payment into a bank account within 10 days of making a sale or face being blacklisted by the banking sector under new rules announced by the CBE. The Supply Ministry has set up a committee to determine the fair price of 10-15 kind of foods classed as strategic commodities amid soaring inflation. The Parliament voted through amendment to the Unified Tax Procedures Act that would allow foreign tax authorities to access individuals and businesses’ fina...