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Kenya's commitment fees on external loans hit Sh834m

Nairobi, April 8 -- Commitment fees Kenya paid on untapped external loans hit Sh833.85 million in the six months to December 2023 driven by a weak shilling. This places the cost of commitment fees in... Read More


State paid Sh28bn in six months tocushion buyers from high oil prices

Nairobi, April 5 -- The government paid oil marketing companies Sh27.84 billion in the six months to December 2023 from the stabilisation kitty to cushion consumers from high prices, the Controller of... Read More


Cost of transport rises fastest on high fuel prices

Nairobi, April 2 -- The cost of transport has risen by the fastest rate among the 13 key categories of goods and services tracked for inflation over the last one year, driven by high fuel prices. The... Read More


Oil marketers eye bigger profits in Epra review

Nairobi, April 2 -- Oil marketing companies are hoping for bigger profit margins on fuel even as the Energy and Petroleum Regulatory Authority (Epra) commences a pivotal study on the running costs the... Read More


Solar power hits record high of 28pc on new plant

Nairobi, April 1 -- Kenya's solar power generation capacity hit a fresh record last year following the commissioning of the 40-megawatt (MW) Alten Kenya Solarfarms plant at Kesses in Uasin Gishu. Dat... Read More


Share of commercial external debt rises on new borrowing

Nairobi, April 1 -- New syndicated loans the government borrowed last year have significantly increased the share of commercial external debt, which is more expensive and has a shorter maturity. Data... Read More


Kenya Airways, Precision Air seek waiver extension of competition rules

Nairobi, March 31 -- Kenya Airways (KQ) has applied for an extension of a special exemption granted two years ago, allowing creation and sharing of revenues on routes serviced in a joint venture pact ... Read More


Kenya Airways, Precision Air seek extension of waiver from rivalry rules

Nairobi, March 29 -- Kenya Airways (KQ) has applied for an extension of a special exemption granted two years, allowing for the creation and sharing of revenues on routes serviced in a joint venture p... Read More


Ketraco signs Sh697m contract for Sondu line

Nairobi, March 28 -- The Kenya Electricity Transmission Company (Ketraco) has awarded a Sh697 million contract for the completion of a 69-kilometre high-voltage power line to link Sondu and Ndhiwa in ... Read More


Where to purchase the cheapest maize in Kenya

Nairobi, March 28 -- Makutano, an urban centre in West Pokot, which borders Trans Nzoia, has the cheapest maize in the country. A survey by the Kenya National Bureau of Statistics (KNBS) shows a kilo... Read More