Economy

Stories, features and analysis from our economy desk.

5 stories

US Backs Kenya’s Critical Minerals Plan, Putting Kwale in the Spotlight

The US has pledged support for Kenya’s critical-minerals processing plans, placing local jobs, value addition, and community rights at the center of the debate.

8 days ago · 1 min read

Latest 4 stories

Kenya Seeks $400 Million Emergency World Bank Support as Economic Pressures Mount

Kenya is expected to receive about $400 million in emergency World Bank support as energy costs, health risks and climate threats place pressure on the economy.

8 days ago · 1 min

Lamu’s Sh2 Trillion Bet: Dangote Sets September 30 Date for Mega Oil Refinery

The proposed 700,000-barrel-per-day facility could transform Kenya into East Africa’s petroleum-processing centre, but its impact on fuel prices will depend on execution, taxes and crude-oil supply.

13 days ago · 1 min

Strait of Hormuz Oil Crisis Threatens Kenya Pump Prices, Food Costs

The US-Iran conflict has disrupted one of the world's busiest oil routes, and Kenya's reliance on imported fuel means the economic pain will reach matatus, markets, and kitchen tables.

17 days ago · 2 min

Kenyans Brace for Higher Fuel Prices as Brent Crude Hits $92, EPRA Review Looms

As the September 14 EPRA review nears, diesel, transport and food costs are all at risk from a sustained crude price rally driven by Middle East supply fears.

17 days ago · 3 min