UK economy shrinks as higher prices bite
The UK economy shrank again in April as businesses felt the impact of price rises and the NHS Covid Test and Trace operation was wound...
Commodities
Ukraine war: Global wheat prices jump after India export ban
The price of wheat has jumped on international markets after India banned the export of the staple cereal. The benchmark wheat index rose as much...
Kenyan coffee losing charm as production dwindles
Kenya risks losing its international coffee market share to neighboring countries as production is projected to dwindle due to increased fertilizer prices. Players in the...
Kenya likely to face elevated food prices amid Ukraine war
The United Nations is warning Kenya to brace for higher food prices because of the ongoing Russia-Ukraine conflict. The United Nations Conference on Trade and...
Global metal prices fall as China further warns against price hikes
Global prices for industrial metals have fallen after Chinese authorities warned commodity companies in the country over pushing up prices. China’s National Development and Reform...
Silver surges as Reddit army turns to commodities
Silver prices leapt to a five-month high on Monday on social media calls to buy the metal and emulate the frenzy that drove up GameStop...
Govt unveils Warehouse receipt system to manage food stocks
The government has unveiled the Warehouse Receipt System (WRS) Council to oversee the operations of Warehouse Receipt System (WRS) in agriculture sector. The WRS seeks...