The government has officially announced plans to privatize the Kenya Pipeline Company (KPC) Limited following approval by the Cabinet and subsequent endorsement by the National Assembly on October 1, 2025. In a notice issued by the Privatization Commission, Chairman Faisal Abbas confirmed that the process will be conducted through an Initial Public Offering (IPO) of […]
International oil prices dropped sharply at the beginning of October 2025, with Murban oil prices falling to USD 65.59 per barrel on October 2, down from USD 69.85 per barrel on September 25, according to the latest Central Bank of Kenya (CBK) Weekly Bulletin. The decline was attributed to market expectations of a potential OPEC+ […]