Serrari Group

EPRA Announces Significant Fuel Price Hike in Kenya

Kenyan consumers are bracing for a substantial increase in the cost of living following a major announcement by the Energy and Petroleum Regulatory Authority (EPRA). In its latest monthly review, EPRA revealed a significant upward adjustment in the retail prices of Super Petrol, Diesel, and Kerosene, effective from Monday, July 15, to Thursday, August 14, […]

Share this article:

UK retail sales surged 3.1% in June, signaling renewed consumer confidence and a potential turnaround for the British economy

After months of navigating choppy economic waters, the United Kingdom’s economy is showing definitive signs of revitalization, spearheaded by a significant surge in retail sales during June. This upturn provides the clearest indication yet that the British economy is beginning to gain crucial traction, offering a much-needed breath of fresh air for businesses, consumers, and […]

Share this article:

East African Crude Oil Pipeline nears completion, aiming to make Uganda an oil exporter by 2026

A monumental undertaking spanning two East African nations, the East African Crude Oil Pipeline (EACOP) project is now entering its critical final phase, a “12-month sprint” that promises to usher Uganda into the exclusive club of oil-exporting countries by the second half of 2026. With approximately $3.6 billion already invested, this ambitious cross-border infrastructure project […]

Share this article:

Kenya’s Domestic Borrowing Surges Past KSh 6.1 Trillion

Kenya’s domestic debt has officially crossed the formidable KSh 6.1 trillion mark, reaching KSh 6.311 trillion as of July 4, 2025. This significant milestone, revealed by the latest figures from the Central Bank of Kenya (CBK), underscores the government’s increasing reliance on the local financial market to fund its operations. This surge, representing a nearly […]

Share this article:

Ethiopia launches its first securities exchange 

In a monumental stride forward for its economic liberalization and financial modernization, Ethiopia today officially launched its long-awaited securities exchange. This historic event marks the introduction of a secondary market for government treasury bills (T-bills) in electronic form, signaling a profound transformation in how the nation mobilizes domestic capital and integrates into the global financial […]

Share this article:

Kenya Revenue Authority surpasses revenue target, collecting Kshs. 2.571T and achieving 100.6% performance 

In a significant triumph for fiscal management and national development, the Kenya Revenue Authority (KRA) has announced that it has successfully surpassed its revenue target for the Financial Year 2024/2025. Despite a challenging economic landscape, the taxman collected an impressive Kshs. 2.571 Trillion, exceeding the revised target of Kshs. 2.555 Trillion. This remarkable achievement represents […]

Share this article:

OPEC’s World Oil Outlook 2050 sees long-term oil demand rising, despite short-term cuts tied to China’s slowdown and global energy transition

The Organization of the Petroleum Exporting Countries (OPEC) has released its highly anticipated World Oil Outlook 2050 report, presenting a revised and notably bullish forecast for global oil and overall energy demand in the medium and long term. This optimistic projection, however, comes alongside a cautious reduction in short-term oil demand projections for the next […]

Share this article:

Unilever and Equity Bank launch KES 2.4B distributor financing to boost Kenya’s manufacturing

Global consumer goods giant Unilever and leading East African financial institution Equity Bank have announced a strategic partnership to roll out a comprehensive Distributor Financing Solution. This groundbreaking initiative, backed by an annual investment of KES 2.4 billion (approximately $18.5 million USD), is meticulously designed to strengthen manufacturing supply chains, dramatically improve product availability, and […]

Share this article: