Kenya's shilling was slightly firmer on Tuesday but was expected to weaken due to increased demand for dollars from ...

The Central Bank of Kenya (CBK) has revealed that global oil prices have continued to rise. In its weekly bulletin published ...

Justice Matheka further ordered Nock to vacate the encroached portion of land within the next 90 days and in default it be ...

For decades, Kenya has imported oil and sold it on to its East African neighbours - but its role as the main gateway for supplying fuel to the region is now at risk. It all came to a head earlier ...

The UAE has been one of the most visited countries by President William Ruto since he took power in September 2022. “I am ...

NAIROBI, Dec 17 (Reuters) - Kenya has further extended an oil supply deal with three Gulf firms that has helped to relieve pressure on its shilling currency , it said on Tuesday. The deal with ...

There is however the unseen aspect to this whole matter. Despite the drop in oil prices, the dollar in Kenya continues to be expensive. The energy sector has traditionally been one of the largest ...

Interestingly though were their reports of the existence of oil in Northern Kenya and how some oil companies had been exploring the precious commodity. According to the survey, "Considerable ...

down from earlier forecasts Slowdown in Kenya’s economic outlook is due to drought, weak credit growth, and rise in global oil prices. Kenya’s GDP growth will accelerate to 5.8% in 2018 and 6.1% in ...

Tanzanian tycoons with briefcases bursting with cash are buying top Kenyan firms or establishing ventures in high-growth and ...

oil from the first tank had spilled partially. Efforts were underway to manage the spill and mitigate any environmental risks. Kenya Railways Corporation also deployed engineers to the site to ...