Tag Archives: Customs duties

28Feb/26

Global Markets Brace as US-Israeli Strikes on Iran Compound Tariff and Inflationary Pressures

 

The 2026 Global Pivot: 5 Surprising Realities Reshaping the Middle East and Beyond

28 Feb. 2026 /Mpelembe Media/ —  The geopolitical landscape has drastically deteriorated, culminating in joint “pre-emptive” military strikes launched by the United States and Israel against Iran in late February 2026. The US military announced “major combat operations” aimed at razing Iran’s missile industry and naval capabilities. This severe escalation follows a previous 12-day war in June 2025, during which Israel and the US targeted Iranian nuclear facilities, including Fordow and Natanz, fundamentally altering the region’s risk profile. Continue reading

20Feb/26

The Great Tariff Refund: Navigating the Supreme Court Ruling

The $180 Billion Reversal: What the SCOTUS Tariff Ruling Actually Means for the Future

Feb 20, 2026 /Mpelembe media/ — On February 20, 2026, the U.S. Supreme Court issued a landmark 6-3 decision in the consolidated cases of Learning Resources, Inc. v. Trump and Trump v. V.O.S. Selections, Inc., striking down the sweeping global tariffs implemented by the Trump administration. Chief Justice John Roberts authored the majority opinion, which ruled that the International Emergency Economic Powers Act (IEEPA) does not grant the President the authority to unilaterally impose tariffs. The Court emphasized that while IEEPA allows the President to “regulate” commerce during national emergencies, it does not transfer Congress’s exclusive constitutional power to levy taxes and duties to the Executive Branch. Continue reading

28Jul/24

Spiritfilled Announces the Launch of Braeside Bond: A Premier Bonded Warehouse for Spirits

Spiritfilled, a leader in the premium spirits industry, proudly announces the opening of Braeside Bond, a state-of-the-art bonded warehouse located in the heart of the Lowlands. This new facility is designed to meet the growing demands of spirit maturation, storage and distribution, offering unparalleled services to distillers, cask owners and importers across the globe. Read more

22Apr/23

ERB approves lower electricity tariffs for low-income households in Zambia

April 21, 2023 /Economy/ –The Energy Regulation Board (ERB) in Zambia has approved lower electricity tariffs for low-income households that consume 100 Units or less per month. The new tariffs will take effect on May 1, 2023.

The ERB said the decision to lower tariffs was made in order to cushion low-income households from the rising cost of living. The new tariffs will see a reduction of 25% in the cost of electricity for low-income households.
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