Prices for global oil surged significantly in the period between May 14 and May 22, 2026, due to increasing geopolitical instability in the Middle East, as per the reports published by the Central Bank of Kenya(CBK). The price for Murban crude oil went up to $97.51(approximately Ksh 12,647.05) per barrel on May 21, 2026, compared
The Insurance Regulatory Authority (IRA) has announced the enforcement of mandatory local marine cargo insurance cover for all imports entering Kenya. In a public notice issued by the Insurance Regulatory Authority, importers were informed that all marine cargo insurance policies for imports must now be obtained from insurers licensed under Kenyan law before customs clearance
NCBA Group PLC’s profit after tax rose to Ksh 6 billion for Q1 2026 from Ksh 5.5 billion reported during the same period the previous year, representing 9% increase. According to the financial results released by the bank, operating income rose to Ksh 20 billion, representing a 15% year-on-year growth, while profit before tax climbed
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