OPINION: Kenya’s big opportunity as it takes up EAC leadership mantle

By Guest Writer,

By Chris Diaz This past month has seen Kenya effectively take up the mantle of leading the integration of the East African Community (EAC). This...

East African Community

Kenya saves Ksh.121B from fall of oil prices last year

By Kepha Muiruri,

Kenya save Ksh.121 billion ($1.1 billion) in foreign exchange from the fall of international oil prices across 2020. Kenya’s oil bill, which repr...

oil prices

Vivo Energy Kenya retains market leadership amid COVID-19 pandemic

By Citizen Reporter,

Vivo Energy Kenya, the company that distributes and markets Shell-branded fuels and lubricants in the country has maintained its market leadership, la...

vivo energy kenya

The pinch of a fading shilling

By Kepha Muiruri,

On January 2, 2020, Ksh.101.34 would have been enough to get your hands on a US dollar, today, you would require Ksh.110.97 to close the same transact...

Central Bank of Kenya (CBK) , shilling , US Dollar

Inside the Uhuru-Trump White House meeting and what it means for Kenya

By VOA,

U.S. President Donald Trump met Thursday with Kenyan President Uhuru Kenyatta at the White House and announced the United States plans to initiate tra...

Uhuru meets Trump

Kenya lines up second batch of crude oil for export in February 2020

By Kepha Muiruri,

Kenya is set to export a second batch of 500,000 barrels of crude oil at the end of February 2020 to keep with the country’s ongoing tests of the qu...

Early Oil Pilot Scheme (EOPS) , Petroleum Ministry , Tullow , Turkana crude oil

Kenya forgoes Ksh.247 million in first-oil sale discount

By Kepha Muiruri,

ChemChina UK Limited evacuated 240,000 barrels of crude oil from Kenya. The new figure emerging even though government officials initially indicate...

crude oil , Turkana Oil

Kenya exports its first crude oil at Ksh.1.2B

By Faizal Ahmed,

President Uhuru Kenyatta on Thursday announced that Kenya has exported its first crude oil. Speaking when he chaired the cabinet, Kenyatta said the...

U.S. seizes North Korean ship it accuses of violating sanctions

By Reuters,

The United States has for the first time seized a North Korean cargo ship it accused of illicit coal shipments in violation of U.S. and United Nations...

Oil surges amid OPEC caution to offset Iran sanctions

By Reuters,

Oil prices hit their highest since November on Tuesday after Washington announced all waivers on imports of sanctions-hit Iranian oil would end next w...

Iran sanctions , Oil , OPEC

State of the Nation Address: President Uhuru Kenyatta’s full speech

By Benjamin Muriuki,

President Uhuru Kenyatta on Thurday said the State of the Nation is "strong, vibrant and beaming with promise." Here is his full speech during this...

State of the nation address

U.N. permits North Koreans to travel to Vietnam for Trump summit

By Reuters,

A United Nations Security Council sanctions committee has approved the travel of a North Korean delegation to Vietnam next week for a summit between U...

Kim Jong-un , North Korea , President Donald Trump , U.N , Vietnam

Global oil supply to swamp demand in 2019 despite output cuts: IEA

By Reuters,

The global oil market will struggle this year to absorb fast-growing crude supply from outside OPEC, even with the group’s production cuts and U.S. ...

IEA , International Energy Agency , Oil , U.S. SANCTIONS

China just quietly wrote off a chunk of Cameroon’s debt. Why the secrecy?

By CNN,

When top Chinese diplomat Yang Jiechi met Cameroon President Paul Biya in the capital Yaounde last month and wrote off a chunk of the African country'...

Oil prices extend rise this month on signs of tighter supply

By Reuters,

Oil prices rose for a third straight day on Thursday on tighter supply after U.S. sanctions on Venezuelan exports and lower-than-expected U.S. fuel st...

extend , Oil. price

U.S. sanctions on Venezuelan oil reverberate globally

By Reuters,

The Trump administration’s sanctions on Venezuelan oil, aimed at driving President Nicolas Maduro from power, sent shockwaves around the world on Tu...

President Nicolas Maduro , sanctions , U.S , Venezuela , White House

U.S. sanctions threaten Venezuela’s economy as Maduro eyes next move

By Reuters,

Venezuelans braced for the deepening of a brutal economic crisis on Tuesday after the United States imposed sanctions sharply curbing the country’s ...

economy , threaten , U.S , Venezuela

South Sudan resumes oil production in former Unity State

By VOA,

Oil is again being pumped from fields in South Sudan’s former Unity state, five years after production was halted because of fighting between govern...

oil production , south sudan

U.S. trade deficit hits 10-year high in October

By Wycliffe Nyamasege,

The U.S. trade deficit jumped to a 10-year high in October as soybean exports continued to fall and imports of consumer goods rose to a record high, s...

trade deficit , United States , US Trade

Iraq and Saudi Arabia agree to work together to stabilize oil markets

By Reuters,

Iraq and Saudi Arabia agreed on Saturday to work together to stabilize oil markets, Iraq’s Oil Ministry spokesman Asim Jihad said, without giving fu...

Adil Abdul-Mahdi , Asim Jihad , Baghdad , Iraq , Khalid al-Falih , Saudi Arabia , Thamer Ghadhban