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Top News In East African Economies Today - Breaking & Trending Today

EA economies hit by fresh round of fuel price hikes as global crude supply shrinks

Saudi Arabia and Russia have agreed to extend voluntary oil production cuts to prop up prices. ....

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EA trade deficit widens on cheaper exports, dearer imports

It is only in Kenya and Burundi where the international trade balances have adjusted to reflect the change in currency value over the last year. ....

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Saudi oil cuts leave East Africa in season of high fuel prices

The latest global oil dynamics coupled with the depreciation of local currencies have put Kenya’s fuel stabilisation programme to a litmus test. ....

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Intra-EAC trade down by $1.8bn on barriers, taxation

A new report on regional commerce shows that policymakers have been agreeing on significant policies but delaying implementation. ....

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Politics, drought dim prospects for EA economies

East Africa’s inflation is forecast to increase to 8.6 percent in 2022 from 7.7 percent in 2021. ....

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