The Iran conflict has driven oil prices sharply higher (Brent crude around ~$110/bbl by late April 2026), spilling into higher inflation and a weaker shilling in Kenya. Headline inflation jumped to 5.6% in April (from 4.4% in March), while core inflation remains low (~2–3%). The Kenyan shilling fell past KSh130/$ (weakest since Aug 2024), forcing CBK to deploy reserves (≈$1 billion) to defend it. At its April MPC, CBK held the rate at 8.75%, signalling a data‑dependent stance

Introduction The month of March 2026 reminded us that investment markets do not move in isolation. Events thousands of kilometres away—in this case, an escalation of the conflict in the Middle East—can have direct and immediate effects on the value of your portfolio. We believe that an informed investor is a confident investor. Let us walk you through the recent events and what they mean for your financial goals. Part 1: What Is Geopolitical Risk? Geopolitical risk refers to

Target price = Ksh 32.65 Carbacid is a niche industrial-gas and investment holding company. Its core earnings come from CO₂ gas sales (Kenyan and regional markets) and financial income (deposits, bonds, equity dividends). In FY2025 Carbacid reported KSh 1,002.9m PAT (EPS 3.94), up 18.9%. Revenue was KSh 2.100b, +1.6%, with gross margin rising to 65% (from 59%) due to new capacity and solar investments. Other income (~KSh 322.5m) was mostly interest on cash/bonds, while a KSh