State increases petrol price, diesel remains unchanged

Nairobi, March 14 -- Motorists will, from midnight, pay Sh2 more for petrol after the State increased prices of the commodity for the first time in four months but kept those of diesel and kerosene un... Read More

Kenyan oil marketers move to block state's import deal with UAE

Nairobi, March 14 -- Kenyan oil marketers have moved to court seeking to stop the planned importation of fuel on credit from the United Arab Emirates (UAE) in a government-to-government deal that offi... Read More

Airtel cuts down Safaricom's voice, mobile data, SMS grip

Nairobi, March 13 -- Kenya's second-largest telco Airtel Kenya has chipped away at Safaricom's dominance in four out of the six major battlefronts including voice, mobile data and SMS markets over the... Read More

Mobile phone sales up 6pc in defiance of excise tax

Nairobi, March 10 -- Consumers bought 3.78 million more mobile phones in the six months that ended December 2022 compared to a similar period a year earlier, defying the introduction of excise tax tha... Read More

City Hall turns to Safaricom for revenue collection

Nairobi, March 9 -- Safaricom has inked a two-year deal with City Hall to offer a payment platform for Nairobi County services in a move set to lower pilferages in collecting taxes and levies. The te... Read More

Women, youth take 30pc of reserved Sh1.6bn Kenya Power tenders

Nairobi, March 9 -- Kenyan youth, women and persons with disability only took up 30 percent of Kenya Power tenders set aside for the group, highlighting high levels of apathy. The State power distrib... Read More

Dealers want State deal to import UAE oil on credit blocked

Nairobi, March 9 -- Oil marketers have moved to court seeking to stop the planned importation of fuel on credit from the United Arab Emirates in a government-to-government deal that officials have sai... Read More

Nairobi own source revenue falls to record low after KRA kick-out

Nairobi, March 8 -- Nairobi City County's internal revenues for the six months to December hit a record low after it shrunk by 28 percent to Sh2.7 billion, shining the spotlight on a decision to claw ... Read More

5 banks to issue letters of credit for UAE fuel imports

Nairobi, March 7 -- Five local banks have been picked to issue letters of credit of up to Sh614.89 billion ($4.8 billion) for fuel that Kenya will import on credit from the United Arab Emirates over a... Read More

5 banks to issue letters of credit for UAE fuel

Nairobi, March 7 -- Five local banks have been picked to issue letters of credit of up to Sh614.89 billion ($4.8 billion) for fuel that Kenya will import on credit from the United Arab Emirates over a... Read More

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