Commodities
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Kenya fuel prices up Ksh.5 as Ukraine, Russia conflict take tall
The Energy and Petroleum Regulatory Authority (EPRA) has revised the pump prices March review, proving a continued high cost of…
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Uganda, Tanzania step up efforts to lower commodity prices on intensified Ukraine, Russia war
Citizens in the East African region face tough times amid Russia’s invasion of Ukraine. Recent weeks have seen the rise…
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Tea prices dip on poor demand
Tea prices at the weekly Mombasa auction have dropped to a 14-month low, caused by reduced demand from key global…
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Cooking oil prices surge on intensified war between Russia, Ukraine
Manufacturers of cooking oil are now substituting the commodity with palm oil after Ukraine cut short its global supply due…
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Ugandans, Tanzanians turn to Kenya for cheap fuel
Ugandans, Rwandese and Tanzanians will soon be turning to Kenya for cheap fuel prices against the backdrop of continued war…
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Tullow’s Ksh.29.1 billion assets under threat over Kenya’s stand
Tullow Oil says it could book a damage charge of Ksh.29.1 billion on its Kenya assets if indecisions over oil…
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Pain at pump in EPRA’s next review on escalated Russia, Ukraine war
Kenyan motorists are staring at hiked fuel prices in the next review due to the ongoing Russia’s invasion of Ukraine…
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Russia to cut gas supplies if the oil ban goes ahead
Russia now says it may close its main gas pipeline to Germany if the West goes ahead with a ban…
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Gas prices in Kenya surge to all time high on ongoing Ukraine, Russia war
Liquefied Petroleum Gas (LPG) dealers and suppliers in Kenya have begun increasing the commodity prices due to the shortage of…
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IEA members to release 60 million barrels of oil amid commodity shortage fears
Member states of the International Energy Agency (IEA) agreed on Tuesday to release 60 million barrels of oil from storage,…
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