The Trading Room

Crude oil inventories in the U.S. Strategic Petroleum Reserve (SPR) fell 7.5 million barrels in the week to Sept. 2 to 442.5 million barrels, their lowest since November 1984, according to data from the Department...

According to Centum's annual report, the MSP portfolio of cash securities, which is managed by Centum's asset management subsidiary Nabo Capital, returned 14% during the period, up from 13.1% in 2021.

The last time the forex reserves were at this level was in October 2017, underlining the pressure on the Central Bank to shore up the forex reserves amid the shilling's decline and increased demand for...

NCBA Bank Tanzania is now shifting its focus to serving large corporations while closing excess branches in specific locations.

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.