Kenya Airways Obtains new Kes 11 Billion in Short-Term Loans.
Kenya Airways' negative equity increased to Kes 98.3 billion at the end of June, up from Kes 83.3 billion in December, a Kes 15 billion increase in six months.
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Oil Prices Rise on Potential OPEC+ Supply Cuts; BP Shuts US Refinery Units
SINGAPORE: Oil prices rose on Thursday on mounting supply tightness concerns amid disruptions to Russian exports, the potential for major producers to cut output, and the partial shutdown of a U.S. refinery. Brent crude rose 45...
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South Africa’s Inflation Rate Rise for Third Consecutive Month to 7.8%.
The headline consumer-price index increased 7.8% year on year, compared to 7.4% in June, according to a statement posted on Statistics South Africa's website on Wednesday
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Kenya Airways Narrow its Loss to Kes 9.88 Billion for 1H2022
Kenya airways reported a Kes 9.88 billion half-year loss, which was less than the Sh11.48 billion loss reported in the same period last year.
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Oil Prices Fall as Fear of Impending OPEC+ Output Cut Fade
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.
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