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KQ State-guaranteed debt up 17pc in 12 months

Nairobi, Feb. 27 -- Kenya Airways' (KQ) commercial debt which is guaranteed by the government increased by 17.3 percent in the year to December 2023 driven by a weak shilling. According to data from ... Read More


MPs halt new power purchase deals after Cabinet nod

Nairobi, Feb. 27 -- Kenya Power is yet to sign new Power Purchase Agreements (PPAs) with independent power producers (IPPs) a year after the Cabinet lifted a ban on the signing of the contracts after ... Read More


Kenya Power gets nod to charge consumers in US dollars

Nairobi, Feb. 26 -- Kenya Power has received approval from the government to bill some of its customers in US dollars in a major win for the firm whose recent performance has been hit hard by foreign ... Read More


Oil dealers in panic as Uganda picks Tanga port over Mombasa

Nairobi, Feb. 26 -- Kenyan oil dealers are in a crisis mode after Uganda stuck to its guns and started talks with Tanzania to import its fuel through the Port of Tanga instead of the Port of Mombasa f... Read More


Kenya Power eyes Sh2bn savings on solar

Nairobi, Feb. 23 -- Kenya Power says consumers will save Sh2 billion every year through a donor-funded programme that seeks to retrofit expensive fuel off-grid stations with solar panels. The utility... Read More


Ethiopia imports now account for 11pc of electricity on Kenya's grid

Nairobi, Feb. 23 -- Ethiopia now supplies 11 percent of the electricity consumed by Kenyans daily, growing the Horn of Africa country's stake in local power supply. Data from Kenya Power shows import... Read More


Fresh pain at the pump as State triples Epra levy

Nairobi, Feb. 21 -- The government has raided the pockets of fuel consumers once again after it tripled the tax payable to the Energy and Petroleum Regulatory Authority (Epra) for every litre of the c... Read More


Firm bags Sh1.2 billion funding for macadamia production

Nairobi, Feb. 20 -- Pamoja, a Switzerland-based agricultural farm, which runs a macadamia processing plant in Kenya and farms in Tanzania, has raised $8.5 million (Sh1.2 billion) in funding to boost t... Read More


How regulator inflated power prices by Sh70bn in five years

Nairobi, Feb. 20 -- Consumers paid an extra Sh70.35 billion in exaggerated power bills in the five years to February 2023 after the Energy and Petroleum Regulatory Authority (Epra) added illegal charg... Read More


Nairobi, Mombasa and Kiambu top list of Kenya Power bills defaulters

Nairobi, Feb. 16 -- Kenya Power is set to deploy debt collectors to counties that have defaulted on their power bills, with Nairobi, Mombasa, and Kiambu counties topping the list of nonpayers. The ut... Read More