Kenyan motorists and businesses that rely on diesel are set to get a small reprieve after the Energy and Petroleum Regulatory Authority (EPRA) cut the price of diesel by KSh5 per litre. The new prices take effect at midnight on August 15, 2026, and will remain in force until September 14, 2026, as part of…
The Energy and Petroleum Regulatory Authority (EPRA) is mourning the death of Silas Cheboi, a senior official who served as the authority’s Assistant Director for Surveillance and Enforcement. Cheboi’s death was announced by EPRA on Thursday, August 13, leaving colleagues and others who worked with him in Kenya’s energy sector mourning his loss. He is…
Kenya has found itself in the middle of a growing trade dispute between Washington and Beijing after the United States accused more than 40 countries of potentially helping Chinese companies get around US tariffs. In a report released on August 13, 2026, the White House identified Kenya as one of the countries that could be…
Kenyan exporters have received a major boost after the United States Senate approved an extension of the African Growth and Opportunity Act (AGOA), preserving duty-free access for eligible African products entering the US market. The extension runs through December 31, 2028, giving Kenyan businesses greater certainty as they plan production, investment and exports to the…
KCB Group has reported a strong financial performance for the first six months of 2026, recording KSh49.3 billion in profit before tax, a 20.8 per cent increase compared with the same period last year. The lender attributed the growth to higher income across its businesses and continued efforts to control operating costs. KCB’s assets cross…
XRP is showing renewed strength, currently inching toward the $2.85 resistance level following a sharp “V-shaped” recovery from around $2.66 to its current price near $2.84. If it manages to break through that ceiling, analysts see a potential climb toward $3.20, reigniting optimism among investors. On shorter timeframes, XRP has formed a bullish pennant—a continuation…
Bitcoin has surged to a new all-time high, breaking above $123,000 on Monday amid growing enthusiasm from institutional investors and fresh momentum from U.S. policy developments. By midday, the leading cryptocurrency was trading at just under $120,000, extending a rally that has captured the attention of global markets. The recent price spike has been driven…
