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VAS

Crude oil prices edge higher amid raging battle for market

NEWS

Climb into $50 a barrel territory good news for Kenya as it readies for first export later this month.

Uganda lines up Sh236b railway in boost to Kenya’s SGR

Uganda lines up Sh236b railway in boost to Kenya’s SGR

Uganda said the first phase of a railway designed to improve connections between the landlocked East African country and three of its neighbours will cost $2.3 billion (Sh236.9 billion).

Bloomberg and Standard Reporter | 5 years ago

Cargo headed for South Sudan take a plunge

Only 525 twenty-foot equivalent units of cargo were cleared at the Mombasa port in July, compared with a monthly average of 4,000 TEUs in 2013, just before the nation descended into fresh fighting, according to Ayuel Mathach Deng, the government’s representative at the Indian Ocean port city.

Bloomberg and Standard Reporter | 5 years ago

'Poll spending may lower Kenya’s rating'

Kenya may have its sovereign credit rating cut by one level because of the nation’s fiscal deficit, S&P Global Ratings’ Financial Services Director Neil Gosrani said.

Bloomberg and Standard Reporter | 5 years ago

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