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NEWS & CURRENT AFFAIRS

Digital News

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Macharia Kamau

Epra, Kebs say local petroleum meets required standards

Kebs and Epra have said fuel sold in the country is of the highest quality, following recent concerns about some petroleum products including Shell V-Power.

Epra, Kebs say local petroleum meets required standards

Freeze on power purchase deals sparks fresh fears of rationing

Freeze on power purchase deals sparks fresh fears of rationing

Why Kenya Power-Ketraco Sh20b assets transfer deal may be off

Why Kenya Power-Ketraco Sh20b assets transfer deal may be off

Kiharu MP Ndindi Nyoro set to pocket Sh16.7 million in KPLC dividends

Kiharu MP Ndindi Nyoro set to pocket Sh16.7 million in KPLC dividends

Kenya to lose tax revenue from US giant companies

The National Treasury could face a dilemma in implementing some of the taxes introduced late last December by the Tax Laws Amendment Act.

Kenya to lose tax revenue from US giant companies

Gulf of death: Saudi deaths double, casting long shadow on State jobs drive

Reported deaths grew 10% in 2023 to 29 in 2023, up from 13 in 2022.The Gulf nation, one of the countries that have bilateral labour agreements

Gulf of death: Saudi deaths double, casting long shadow on State jobs drive

Devolution scorecard: The sectors driving counties

Nairobi was the biggest contributor to Kenya's economy, thanks to its diversified economy, with manufacturing among the key sectors.

Devolution scorecard: The sectors driving counties

Households defy rising gas prices as consumption surges

The usage of cooking gas among Kenyan households increased 15% over 10 months to October last year to 341,340 metric tonnes from 296,840 tonnes over a similar period in 2023.

Households defy rising gas prices as consumption surges

Local ISPs now feel the heat as Starlink doubles market share

New industry data shows the firm commanded a 1.1 per cent share of the fixed data market as of September last year, up from 0.5 per cent in June.

Local ISPs now feel the heat as Starlink doubles market share

How new Trump order on foreign assistance will hit your pocket

The US disburses billions of shillings to Kenya annually through agencies and direct to government. Agoa which allows countries to export goods to US will also be affected.

How new Trump order on foreign assistance will hit your pocket

Kenya's mining risks hitting rock bottom amid declining trend

Kenya’s mining sector has been on the decline over the last two years, casting doubt as to whether it will ever live up to the hype.

Kenya's mining risks hitting rock bottom amid declining trend

New KRA boss Muriithi wants outdated annual Finance Bill scrapped

Muriithi says the practice of having new tax measures every year makes it difficult for businesses to plan as experts want KRA to expand the tax base rather than increase the burden.

New KRA boss Muriithi wants outdated annual Finance Bill scrapped

Directline insurance moves to repair image amid shareholder wrangles

Directline Assurance is making efforts to repair its dented image following recent shareholder wrangles that have threatened to disrupt its business.

Directline insurance moves to repair image amid shareholder wrangles

Mbadi proposes more taxes to finance Sh4.3tr maiden budget

Kenyans should brace themselves for higher taxes in the next financial year with the government seeking to increase the revenue collection target, which is expected to finance an expanded budget.

Mbadi proposes more taxes to finance Sh4.3tr maiden budget

Fuel pump prices edge up for the first time in 14 months

For the first time in more than a year, the government has hiked the retail cost of fuel.

Fuel pump prices edge up for the first time in 14 months

Nairobians' income nearly triple national average as Lamu's rises

New data shows Gross County Product (GCP) per capita an indicator of the average income of county residents stood at Sh802,344 in 2023. The per capita GCP for Lamu has grown

Nairobians' income nearly triple national average as Lamu's rises

Lights finally dim on 'father of electricity' Hindpal Jabbal

Kenya’s energy sector is mourning the death of Hindpal Singh Jabbal, who worked in the sector for more than five decades.

Lights finally dim on 'father of electricity' Hindpal Jabbal

Directline settles Sh2.8b in claims amid wrangles

Directline Assurance Company paid claims of Sh2.88 billion last year with close to a tenth of the money being released in December.

Directline settles Sh2.8b in claims amid wrangles

Tax Laws Act ushers in new era for pensions sector

The retirement benefits sector has been tipped to benefit from the new Tax Laws (Amendment) Act.

Tax Laws Act ushers in new era for pensions sector

Businesses remain wary despite increased consumer spending

Confidence in the Kenyan economy among companies remained weak in December, with a majority of business leaders shelving plans to expand operations in the New Year.

Businesses remain wary despite increased consumer spending

What State needs to do for power prices to drop

Submissions to Parliament’s Energy Committee call for reduction of taxes and levies. Replacement of aged infrastructure and curbing theft could also reduce system losses.

What State needs to do for power prices to drop

Impact of Finance Bill withdrawal hits State revenues

Different national government agencies forced to scale down spending or put off new projects amid a debilitating revenue shortfall.

Impact of Finance Bill withdrawal hits State revenues

End of an era as Mastermind Tobacco to go under the hammer

Assets owned by Mastermind Tobacco are set to be auctioned in January in what could mark the end of an era for the tobacco manufacturer.

End of an era as Mastermind Tobacco to go under the hammer

Questions over power stability as country is plunged into darkness

Kenya once again experienced a crippling electricity outage, causing untold losses to individual power users, business and critical institutions including health facilities.

Questions over power stability as country is plunged into darkness

State extends fuel import deal with Middle East oil firms

The government has extended the controversial oil import deal it had signed with three Middle Eastern oil companies.

State extends fuel import deal with Middle East oil firms

KRA recovers Sh549 million from corrupt staff, sends 25 packing

An internal purge by the KRA has enabled the revenue collection agency to recover more than Sh500 million that its staff had acquired through corruption.

KRA recovers Sh549 million from corrupt staff, sends 25 packing

Why you will pay more for electricity following EPRA's review

The cost of electricity is set to go up this month following a hike in the foreign exchange component of the electricity bill.

Why you will pay more for electricity following EPRA's review

Uganda, Rwanda seek extension of oil pipeline from Eldoret depot

Uganda, Rwanda and South Sudan have revived plans to construct a refined petroleum products pipeline from Eldoret through Kampala to Kigali.

Uganda, Rwanda seek extension of oil pipeline from Eldoret depot

Livestock jab to be administered every 6 months for 3 years

The controversial livestock vaccination programme will be undertaken over three years, after which Kenya expects to be free from foot and mouth disease.

Livestock jab to be administered every 6 months for 3 years

Will new law end consumer exploitation by 'shylocks'?

Companies advancing exorbitantly priced loans to Kenyans and using crude recovery methods will now have to reconsider their mode of operations after coming under the purview of CBK.

Will new law end consumer exploitation by 'shylocks'?

Slight relief for Kenyans as fuel prices drop

Kenyans have got a slight relief for the festive season after the prices of fuel came down Saturday in the monthly pricing guidelines.

Slight relief for Kenyans as fuel prices drop

Ruto defends record on economy, accuses State critics of telling lies

The President, who has faced stinging criticism over the path he has put Kenya on, said the economy had significantly improved.

Ruto defends record on economy, accuses State critics of telling lies

Fresh probe piles pressure for openness in power deals

To many power sector stakeholders, Independent Power Producers (IPPs) are at the heart of all that is wrong with the industry, especially the high cost of electricity in Kenya.

Fresh probe piles pressure for openness in power deals

MPs want more SEZs roped into State's cheaper power plan

EPRA might be required to lower the cost of electricity for firms operating in other Special Economic Zones to be at par with those operating at the Naivasha SEZ.

MPs want more SEZs roped into State's cheaper power plan

MPs want more firms roped into State's cheaper power plan

Epra might be required to lower the cost of electricity for firms operating in other SEZs to be at par with those operating at the State-owned Naivasha SEZ.

MPs want more firms roped into State's cheaper power plan

Tullow CEO Raul Dhir set to leave the firm next year

Raul Dhir is set to step down next year as the CEO of Tullow after efforts to make Kenya’s dream of being an oil producer a reality faced major delays.

By 2 months ago

Tullow CEO Raul Dhir set to leave the firm next year

Kenya Power system losses rise as MPs call for low energy costs

The cost that comes with system losses is passed on to consumers as report says the firm can save consumers upwards of Sh6 billion annually if it cysts system losses to 14.5 per cent.

By 2 months ago

Kenya Power system losses rise as MPs call for low energy costs

MPs want energy sector bosses probed over high cost of power

MPs want nearly the entire energy sector investigated for pushing power costs to being the highest on the continent, which turned away investors and worsened Kenyans’ livelihoods.

By 2 months ago

MPs want energy sector bosses probed over high cost of power

Kenya Power to hire 3,000 new staff in three years to hit 13,400 target

Utility firm Kenya Power is set to hire nearly 3,000 more employees over the next three years, going against earlier plans to cut its workforce.

By 2 months ago

Kenya Power to hire 3,000 new staff in three years to hit 13,400 target

Builders, construction firms protest planned 35pc duty on tiles

Players in the building and construction industry have protested the proposal to introduce a 35 per cent excise duty on key products such as tiles, sinks and toilets.

By 2 months ago

Builders, construction firms protest planned 35pc duty on tiles

Aviation industry wants say in JKIA upgrade after Adani cancellation

Air operators lobby said there should be an open bidding process for contract. Stakeholders say there is adequate capacity locally to undertake the modernisation.

By 2 months ago

Aviation industry wants say in JKIA upgrade after Adani cancellation

Two firms begin construction of 70MW geothermal plants in Menengai

Two power producers have started the construction of electricity plants with a combined capacity of 70 megawatts (MW) at the Menengai geothermal fields.

By 3 months ago

Two firms begin construction of 70MW geothermal plants in Menengai

Will Treasury succeed this time to trim State's transport costs?

A draft policy proposes fewer cars with smaller engine sizes for government officials, a similar directive in 2009 by then Finance Minister Uhuru Kenyatta failed to get traction.

By 3 months ago

Will Treasury succeed this time to trim State's transport costs?

Savannah ups offer in fight for Bamburi with Tanzania firm

Savannah Clinker has upped its offer to Bamburi Cement’s shareholders by about 9.4 per cent as it seeks to outdo Tanzania’s Amsons Group.

By 3 months ago

Savannah ups offer in fight for Bamburi with Tanzania firm

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