The Trading Room

U.S. oil prices shot above $10 for the first time in about 14 years due to a surge in prices in Europe, where tight supplies persist.

Uganda will make an emergency purchase of power from neighboring Kenya to stabilize supply after floods forced the shutdown of its 183-megawatt Isimba plant last week. Energy Minister Ruth Nankabirwa Ssentamu said "Uganda will purchase...

Ali Hussein Kassim was recently appointed to serve on the board of the Africa Fintech Network as an Executive Board Member. He is also the Chairman of the Association of FinTechs in Kenya.

Joanne Mwangi-Yelbert has been appointed as the new  Chairperson of the Kenya Tourism Board (KTB) for a three-year term, replacing Jimi Kariuki. The appointment announced through a gazette notice dated July 5, 2022 makes Mwangi-Yelbert...

In the second quarter of the year, more than half of commercial banks raised their lending rates to individuals and businesses, indicating an early impact of the Central Bank of Kenya's(CBK) accelerated approvals of risk-based lending...