The Trading Room

Nearly 20 Kenya-based companies have been blacklisted by the World Bank and the African Development Bank (AfDB), in less than two years, over fraud and quality concerns in projects funded by the multilateral lenders. Recently,...

Shares in Asia-Pacific were mixed on Monday as investors reacted to the latest Chinese economic data for October. Mainland Chinese stocks closed lower, with the Shanghai composite slipping 0.16% to 3,533.30 while the Shenzhen component dipped 0.469% to 14,636.39....

Fuel prices will remain the same in this month’s EPRA review even with rising crude oil costs, subsidized by the Petroleum Development Levy. The State is set to pay marketers billions of shillings through a...

Crude oil prices skidded on Monday, under pressure from expectations of higher supplies and weakening demand. Brent crude futures fell 58 cents, or 0.7%, to $81.59 a barrel, as of 0151 GMT.  U.S. West Texas Intermediate (WTI) crude lost...

The week ended mixed for global markets backed by inflation concerns and the risks of default from Chinese real estate companies led by China Evergrande and Kaisa Holdings Limited.