The loss of the European market has deprived Russia of its most lucrative customers and forced it to sell oil and gas at steep discounts to...
The 47-year-old state corporation is to be reincorporated as a Public Limited Company under the Companies Act as the government simultaneously presses ahead with a long-stalled...
After Venezuela blow, Iran supply risks test China’s oil strategy
Treasury Secretary Scott Bessent said the 30-day waiver was a "deliberate short-term measure" to allow oil to keep flowing in the global market.
Kenya imported goods worth more than Sh550 billion from Gulf economies last year, led by refined petroleum products, fertiliser, machinery and electronics.
In the Strait of Hormuz and surrounding waters, at least 150 vessels including oil and liquefied natural gas tankers had dropped anchor, shipping data showed on...
President Donald Trump raised the global duty on imports into the United States to 15 percent on Saturday, doubling down on his promise to maintain his...
From April 2026, the authority will apply automated checks to nil filings for 2025 to prevent false zero declarations.
Iranian prosecutors uncovered that Cup of Joe had sourced low-grade tea, blended it inside Kenya, and shipped it to Iran mislabelled as high-quality Kenyan produce.
Flights are being disrupted for a second day at Kenya’s main airport in the capital, Nairobi, because of a strike by aviation workers leading to cancellations,...
State House expenditure for the 2025/26 financial year reached KSh 10.4 billion by the end of January 2026, surpassing its full-year recurrent allocation of KSh 7.7...
NAIROBI, Kenya – Nairobi has been ranked the third most attractive city in Africa in the newly released Jeune Afrique 2025 African Cities Attractiveness Index, marking...
The modification means Gulf Energy can recoup significantly more of its petroleum costs before profit-sharing with the state begins.
The site holds niobium and other valuable minerals used in steelmaking, aerospace engineering, and clean-tech production.
The data shows that Kenya now owes Sh6.33 trillion to domestic creditors and Sh5.5 trillion to external lenders.
The average Kenyan worker is earning less in real terms, with wages shrinking by 11 percent as inflation continues to erode purchasing power.
NAIROBI, Nov 26 (Reuters) – Kenya will appeal against a regional court ruling that halted a trade deal with the European Union, Trade Minister Lee Kinyanjui...
