July 5, 2021/Cordros Report In line with our expectation, Kenya’s June inflation rate increased by 45bps to 6.32% y/y in June (May: 5.87% y/y) – the highest since February 2020 (7.17% y/y). The outturn was 10bps lower than Cordros’ estimate (6.42% y/y), with the largest deviation stemming from the food […]
OPINION/EDITORIAL
Final Passage of the PIB; a Journey of Thousand Miles
July 5, 2021/CSL Research After more than a decade long tussle, the parliament finally passed the much-anticipated Petroleum Industry Bill (PIB) at last week’s plenary session. The PIB seeks to ensure reforms, promote transparency, and attract capital flows into the oil & gas sector. The upper chamber passed the bill […]
Oil Prices Fall As OPEC+ Struggles For Consensus
July 2, 2021/OilPrice.com There was some unexpected 11th-hour drama in the OPEC+ meeting, with the members deciding to delay a decision due to disagreements between some nations. Friday, July 2nd, 2021 The OPEC+ meeting resulted in some unexpected 11th-hour drama, delaying a decision that was expected on Thursday. Oil prices […]
