Commodities
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Kenya and Uganda Begin Talks on Extending Petroleum Pipeline to Kampala
Kenya and Uganda have officially initiated discussions to extend the petroleum products pipeline from Eldoret to Kampala. Last week, Uganda’s…
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Do Kenyans Have Option for Affordable Fuel? Here’s List of Countries With Cheapest Fuel Globally
Several major oil-producing countries, including Libya, Venezuela, Kuwait, and Saudi Arabia, benefit from very low domestic fuel costs. Among these…
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Did Murkomen Lie? Fuel Price Reductions Overshadowed by Road Maintenance Levy Increase in Kenya
Despite the recent public participation rejecting increase of Road Maintanance Levy by the Energy and Petroleum Regulation Authority (EPRA), the…
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Fuel Price in Kenya Drops in EPRA Monthly Review
Super petrol, diesel and kerosene prices have dropped by Ksh.1, Ksh1.50 and Ksh.1.30, respectively in latest review by the Energy…
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Marula Acquires Interest in High-grade Historic Cobalt Mine in South Africa
Marula Mining, an Africa-focused mining and development company has entered into a binding term sheet with Mansena Cobalt, a South…
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Hard Times for Ugandans as Kenya Raises Bond Fee for Fuel to $45 Million
Kenya has imposed new requirement on Uganda’s direct fuel import initiative, raising the bond fee for fuel shipments destined for…
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Uganda Begins Direct Importation of Fuel Via Port of Mombasa
The inaugural shipment of imported petroleum products has now broken the longstanding dominance of Kenyan Oil Marketing Companies in supplying…
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Fuel Prices in Kenya Drop Significantly in Latest EPRA Review
Kenyan motorists are set to enjoy reduced fuel prices following the latest review by the Energy Petroleum and Regulatory Authority…
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Oil Prices Fall for Fourth Day as US Rate Hike Prospects Emerge
The U.S. crude oil benchmark, West Texas Intermediate (WTI) has fallen well below the $80 mark it surpassed at the…
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Samburu Residents to Benefit After UK Firm Marula Awarded Mining License
Marula Mining has been awarded a mining license for its mining operation in Samburu, Kenya. The UK-based firm has been…
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