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IPPs eye billions from exports to EAC power pool

Nairobi, Feb. 29 -- Independent power producers (IPPs) could sell electricity to other countries in the region after stakeholders from 13 countries worked out modalities for admitting the generators i... Read More


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