Agriculture CS tax boost for edible oil firms in special economic zones The exemption follows an amendment to the Crops (Nuts and Oil Crops) Regulations 2020 signed by Mr Kagwe, through Legal Notice No. 26 of April 14, 2025.
PRIME KenGen eyes to extend life of Olkaria plant by 25 years Despite the aging power plant, the geothermal reservoir and the steam field are still in good status and capable of sustaining production for many more years, according to KenGen.
PRIME Kenya Power pays Sh2.58bn debt to US geothermal firm in two months Kenya Power has paid out Sh2.58 billion ($20million) as part of a Sh4.94 billion ($38.3million) debt to a US energy firm-Ormat Technology, for electricity supplies as of December 31, 2024, amid...
PRIME Assembled cars fall to 7-year low despite incentives The number of locally assembled vehicles dropped by 14.58 percent in 2024—the biggest dip in seven years.
Subsidy pushes pump prices to two-year lows The last time a litre of diesel was cheaper than this was in April 2023 at Sh162 while for petrol, it was August 2022 at Sh159.12 per litre.
PRIME Proto eyes deal with oil major to expand autogas business Proto Energy currently owns three autogas-dedicated stations, in Githurai, Kayole, and Ruiru Bypass, and is keen to grow this number given the fast-growing use of autogas-powered vehicles.
PRIME Treasury approves UoN plan to build 4,000-bed student hostels The hostels will be built under a 30-year design, build, finance, operate and transfer PPP model.
PRIME Saudi Aramco unit eyes Mombasa for fuel hub The port of Mombasa has increasingly attracted oil marketers who are keen to set up storage facilities for import use.
PRIME Diaper, sanitary pads maker set for Sh11bn IFC cash boost The baby diapers market has been growing steadily with existing manufacturers expanding their production capacity to keep pace with demand.
PRIME Industrialists want loan guarantee up to Sh20m The Treasury has paused further loan guarantees pending the incorporation of a new company to administer the fund.
PRIME Industrialists save Sh688m on power bills for night, holiday production The companies have been taking advantage of the time of use (ToU) tariff - a 50 percent discount.
PRIME Why GDC was blocked from cancelling geothermal plant tender GDC was seeking an independent power producer (IPP) to finance and construct a 5-10 MW geothermal wellhead power plant.
PRIME Caps on geothermal output up on higher Addis imports Power generation caps intentionally reduce electricity output, mainly from renewables, to maintain grid stability and prevent overload.
Energy ministry lobbies MPs to lift freeze on power deal The lag in power generation has made Kenya a net electricity importer from Ethiopia, Tanzania and Uganda.
PRIME Geothermal dominance shrinks to three-year low on shut plant The shrinking of the dominance of geothermal power came following the shutdown of KenGen’s Olkaria 1 plant for a capacity upgrade from 45 to 63 megawatts.
PRIME Eyes on pump prices as Epra sets new oil marketers margin raises for July The margin increases are meant to benefit oil marketers and fuel transporters.
PRIME Electricity prices rise marginally on fuel charge Electricity prices had been falling on account of declines in the FCC and foreign exchange (FX) charge over the four months from November 2024.
Epra weighs Tanzania’s import of Ethiopia electricity through Kenya Epra’s director-general said the authority has already gone through a preliminary analysis of the proposal, and hopes to conclude the approval process this month.
PRIME BAT to import nicotine pouches after sale of factory equipment Tobacco firms around the world are betting on the cigarette alternatives to reach new customers.
PRIME Why Buy Kenya initiative is not a darling of local firms The policy requires at least 40 percent of supplies to ministries, departments, and agencies be sourced from local companies.
Kenya Power warns of 30pc price jump on wayleave fee demands Electricity consumers are currently enjoying a marginal drop in power bills largely due to a strong shilling, low fuel prices, and falling use of thermal power.
State draws payment plan for those displaced by oil project Tullow struck oil in Turkana’s Lokichar area in 2012 after exploratory drilling, but progress towards full exploitation has been slow, despite billions being sunk into the project.
PRIME Developer ordered to refund buyer for delayed, shoddily built apartment The buyers found that there were several defects and uncompleted works.
PRIME Record use of cooking gas despite higher prices The rise in demand came despite rising prices of the commodity.
PRIME Ketraco to sign Sh45bn new power lines deal Construction of the lines will be undertaken by pan-African firm, Africa50 and India’s national electricity transmission firm, Powergrid.
