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Finance & Markets

National Treasury Sets Dates for 2027/28 Public Sector Budget Hearings

The National Government will hold public sector hearings on the proposed 2027/28 financial year budget and the Medium-Term Budget from October 7 to October 9, 2026. The hearings will be held at the Kenyatta International Convention Centre (KICC) in Nairobi, starting at 8:30am each day. Principal Secretary for the National Treasury Dr Chris Kiptoo said [...] The post National Treasury Sets Dates…

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Oil Extends Rally Despite Higher Hormuz Volume Reports

Crude oil prices extended a climb that began on Monday, despite reports that oil flows via the Strait of Hormuz have improved considerably since the start of September.

  • Brent crude at $107.37 per barrel, West Texas Intermediate at $94.31 per barrel
  • 12.8 million barrels of oil flowing out of Hormuz daily, higher than expected
  • Ship-to-ship transfers increasing costs, affecting crude export efficiency

More from Tuesday 29 September →