Commodities
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Brace yourselves for high rice prices – warns a report
Kenyans will witness a surge in rice prices in the coming weeks following a report by Fitch Rating released on…
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EPRA retains fuel prices in August review
The August and September review was expected hike and the state intervened through the subsidy programme.
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Saudi Aramco’s profit down 38% to Ksh.4.3 trillion in Q2
Oil firm Saudi Aramco announced its profits of Ksh.4.3 trillion (US$30.08 billion) for the second quarter, a sharp fall from…
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Cooking gas price in Kenya down 17% in fresh review
The price of cooking gas in Kenya has dropped significantly in what is seen as the push by the state…
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Crude duties to cost edible oils sector more
Kenya’s Ministry of Investment, Trade & Industrialisation Cabinet Secretary Moses Kuria has added fireworks to the unfolding edible oils importation…
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Court throws out lawsuit against Ksh.648.5bn oil project linking Tanzania, Uganda
A court in France has thrown out a lawsuit filed against TotalEnergies by two French and four Ugandan groups over…
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Uranium price up to Ksh.6,300 per pound on increased nuclear power demand
Amidst the global energy crisis and the push towards achieving net-zero emissions, nuclear energy is experiencing a resurgence. Countries worldwide…
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Energy transition, investment and regulations dominate talks at Mining Indaba 2023
As Africa progresses towards its net zero emissions targets, it needs to transition from a fossil fuel-based energy system to…
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U.S. to sell 26 million barrels of crude oil from reserve
The United States is selling 26 million barrels of crude oil from the Strategic Petroleum Reserve, a release that had…
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KQ resumes code share agreement with Royal Air Morac
Kenya Airways (KQ) has summed a code share agreement with Royal Air Maroc (RAM) for passengers travelling from Marrakech and…
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