The average car price in Kenya has surged by 72 percent in the last two years, reaching Sh1.37 million, making vehicle ownership significantly more costly for many. This sharp increase is largely attributed to new import cost calculations.

• The average listing price rose from Sh797,000 in 2024 to Sh1.37 million this year.
• The Kenya Revenue Authority (KRA) introduced a new Current Retail Selling Price (CRSP) schedule, impacting the valuation of imported used vehicles.
• Despite the price hikes, pre-owned vehicles continue to be a popular choice for buyers seeking more affordable options.

Land prices in Nairobi's suburbs saw modest growth in Q2 2026, with Lang'ata and Karen leading the surge as buyers sought areas with lower acquisition costs.

• Lang'ata recorded a 4.1 percent increase in land prices, reaching Sh94.7 million per acre, while Karen saw a 3.2 percent rise to Sh79.5 million.
• The findings are from the latest HassConsult Land Price Index.
• Sakina Hassanali, HassConsult Co-CEO, noted this is the strongest quarterly price growth for Karen and Lang'ata in a decade.

Oil prices dropped to a three-week low as senior US officials indicated progress in talks with Iran aimed at reopening the crucial Strait of Hormuz. The potential easing of supply disruptions has significantly impacted global oil markets.

• Brent crude prices fell by almost 5% to under $80 (£60).
• US Secretary of State Marco Rubio and Treasury Secretary Scott Bessent announced talks had progressed.
• The Strait of Hormuz handles about one-fifth of global daily oil and liquefied natural gas supplies.