The Trading Room

EABL delivered a strong beer performance, up 27 percent, aided by the beer recovery in Kenya. The Group’s spirits category was up 26 percent, boosted by a 27 percent growth in mainstream spirits.

CBK MPC committee expects domestic inflationary pressures in the near term to ease on account of cooling international commodity prices, mainly oil, wheat, and edible oils.

A sharp fall in purchases by investors pulled global gold demand down 8% in the second quarter compared to the same period in 2021, the World Gold Council said.

Oil Prices also found support as the Group of Seven richest economies aims to have a price-capping mechanism on Russian oil exports in place by Dec. 5.

Rose Mambo, the former  CEO at Central Depository & Settlement Corporation (CDSC) has been appointed by the board of directors Airtel money the chairperson of the board of directors.