Panic buying, lockdowns may drive world food inflation – FAO

By Reuters,

Lockdowns and panic food buying due to the coronavirus pandemic could ignite world food inflation even though there are ample supplies of staple grain...

coronavirus , FAO , Inflation

Relief for motorists as petrol and diesel prices drop

By Kepha Muiruri,

Motorists will count relief for the first time this year as petrol and diesel prices fall in the Energy and Petroleum Regulatory Authority (EPRA) mid-...

fuel prices

Shock as oil prices drop to levels last seen in 1991

By Kepha Muiruri,

Global oil prices tumbled to a near three decade low in overnight trading on Sunday in the aftermath of a fall out between major world crude producers...

EPRA , IEA , Oil , OPEC

Safari Supa Gas, PayGo Energy partner to provide Kenyan homes with affordable gas 

By Citizen Reporter,

Kenyans can now pay for cooking gas in small amounts from as little as Ksh.1. Safari Supa Gas, in partnership with PayGo Energy (‘PayGo’), have...

PayGo Energy , Safari Super Gas

Inflation hits 10-month high as food costs hit Kenyans hard

By Kepha Muiruri,

Kenyans have been hit hard by higher prices on basic consumer goods with February’s inflation rising to a 10 month high of 6.4 percent. The resul...

Inflation , KNBS

More pain at the pump as petrol, diesel costs rise

By Kepha Muiruri,

Motorists are set to feel a further pinch at the pump as petrol and diesel prices increased for a second consecutive month in the latest costs review ...

EPRA , fuel prices

Petrol, Diesel, Kerosene prices increase in January review

By Citizen Reporter,

Motorists are set to pay slightly higher prices for fuel following the latest review of petroleum product prices by the Energy and Petroleum Regulator...

fuel prices

52% of Kenyans at risk of sliding into poverty

By Citizen Reporter,

A new report from the World Bank Group now shows that 52 percent of Kenyans are now at the risk of falling into the net of poverty within the next two...

Food, fuel costs hit consumer wallets

By Kepha Muiruri,

Kenyans will now be forced to fork out more from their thinning pockets as the November inflation rate skyrockets to a four month high of 5.6 percent ...

consumer pressure , EPRA , Inflation , KNBS

Pain for motorists as petrol, diesel prices rise

By Kepha Muiruri,

Motorists will feel the pinch of greater petroleum prices as the Energy and Petroleum Regulatory Authority (EPRA) moves to impact increments to maximu...

EPRA , Inflation , petroleum prices review

Experts warn of inflation risks despite price cool down

By Kepha Muiruri,

Experts have warned of downward risks from inflation in spite of a significant cool down in the growth of consumer prices in recent months. Food-fu...

CBK , consumer prices in Kenya , Inflation , National Treasury

Gov’t order on payment of pending bills yet to impact businesses – Survey

By Kepha Muiruri,

Local firms are yet to register gains from the recent order by President Uhuru Kenyatta on the clearance of pending bills, a new survey shows. Acco...

demand , Inflation , Stanbic Bank PMI

Falling food-prices cool inflation to 5-month low

By Kepha Muiruri,

The inflation rate fell to a five-month low five percent in August, the monthly consumer price-survey by the Kenya National Bureau of Statistics (KNBS...

CPI , Inflation , Kenya Shilling , KNBS

MWANGI: Low saving rates a factor in Kenya’s economic slowdown

By Citizen Reporter,

By Kevin Mwangi Things are looking bleak for the Kenyan economy and it is expected to continue facing challenges of increased debt servicing burden, ...

Amana Capital , economy , GDP , World Bank

Relief for motorists as petrol, diesel prices drop

By Kepha Muiruri,

The Energy and Petroleum Regulatory Authority (EPRA) has cut its maximum pump prices for both petrol and diesel by Ksh.2.86 and Ksh.3.28 respectively ...

EPRA , Inflation , petrol prices

Uber burned through Ksh. 520B last quarter, its biggest quarterly loss ever

By CNN,

Even by Uber's standards, the company burned through a staggering amount of money in its most recent quarter. Uber (UBER) said Thursday that it l...

IPO prices , Silicon Valley , uber , Uber's stock

Change food production and stop abusing land, major climate report warns

By CNN,

Humans have damaged around a quarter of ice-free land on Earth, United Nations scientists warned in a major report Thursday, stressing that further de...

climate report , food production , Global emmissions , Intergovernmental Panel on Climate Change (IPCC) , World Wildlife Fund's (WWF)

July inflation hits 3-month high

By Kepha Muiruri,

The inflation rate in July has touched a 3-month high of 6.3 percent from 5.7 percent in June highlighting increased pressure on the consumer spending...

Inflation , Kenya Shilling , KNBS

CBK leaves benchmark rate at 9 percent as economy holds steady

By Kepha Muiruri,

The Central Bank of Kenya (CBK) has retained its lending rate to commercial banks for the eighth consecutive time to reflect on the stability of the c...

Central Bank of Kenya (CBK) , Central Bank Rate (CBR) , Inflation , kenyan shilling

Real estate brokers ease fears of sector crashing even as property prices fall

By Kepha Muiruri,

Developers in the real estate industry have quelled fears of an impending crash to one of Kenya’s key economic segment even as property prices remai...

Cytonn Real Estate , Hass Consult , Knight Frank , real estate in Kenya , Regent Group