PRIME Puzzle of higher LPG prices despite scrapping of taxes Official data from KNBS shows that a 13-kilogramme of LPG is retailing at higher prices than in the period when the levies were in place.
MRM eyes 727kWp solar power to cut cost, emissions A solar power system with a capacity of 592kWp would be mounted on the roof at MRM’s facility in Nairobi while a 135kWp one would be installed in Athi River.
PRIME Fuel subsidy audit report due this month in IMF deal In its multi-year programme with Kenya, the IMF has identified non-budgeted spending on fuel subsidies as one of the country's fiscal risks.
State eyes Sh175bn annually from revamped leather industry The project is expected to be a major artery to neighborhood economic boost attracting other investors in the area who in return will create employment.
PRIME Kenya Power connects 19,000 delayed projects, backlog falls 90pc Kenya Power had attributed the delayed connections to challenges in wayleaves acquisition, leading to the redesign of some projects and sometimes abandonment of the same.
PRIME Stockbrokers set for major commissions windfall from the Bamburi transaction Stockbrokers also earn additional revenue through commissions for handling trades when sellers are transferring their stock to the buying company.
PRIME Kenya oil block licences expiry rekindles Somalia border row Both Kenya and its war-torn neighbour claim the oil blocks.
Power prices fall Sh4 a unit on weak dollar, fuel cuts Electricity is now Sh29, down from Sh33 last year. Combined with lower food and fuel prices, inflation fell to a multi-year low of 2.8 percent in November.
PRIME How Tanzania triggered 3 power blackouts in Kenya The cause of the blackout in Kenya and Tanzania has not been revealed, but engineers believe it was caused by a fault in Tanzania.
PRIME Kenya’s most expensive thermal power plant back on grid The plant generated 688,650 kilowatt hours (kWh) in November, marking its first month of operation since it resumed generation.
PRIME Manufacturers cut jobs as sales fall in tough economy CBK survey shows 56.3 percent of the manufacturers reacted to reduced sales by cutting production volumes.
PRIME Nigeria firm eyes Mombasa KPC cooking gas facility It is also not clear whether Asharami will fully or partially fund the construction of the facility and whether it will acquire a stake.
PRIME Building sector takes biggest hit from credit freeze Credit flow to the manufacturing sector has suffered, slumping by 11.6 percent in October from a double-digit growth rate at the same time last year.
Alcohol makers reject new Nema fees set to cost Sh32bn in additional costs The punitive fees are contained in the Sustainable Waste Management (Extended Producer Responsibility) Regulations, 2024 published by the Cabinet Secretary for Environment, Climate Change and...
Cooking gas dealers’ bid to block Epra directive falters The dealers had challenged the directive in February following a gas explosion in Embakasi in which more than 10 people died.
PRIME Use of cooking gas up 15pc despite increasing prices The increase in consumption defied the increase in the price of the commodity during the eight-month period.
PRIME Why Kenya Power is happy to pay supplier penalties The electricity distributor says penalties are cheaper when compared with the cost of borrowing dollars to escape these fines.
PRIME How Uganda, Ethiopia saved Kenya from power rationing The decline in Kenya’s power generation was primarily driven by a significant drop in output from thermal plants, which went down to 815.58 million units from 1,127.63 million units.
KenGen plans upgrade of hydro power plants ahead of new deal The new PPA will factor in elements such as the main regulatory changes, rehabilitation costs, factoring in how the assumptions in the current PPA compares with the actual performance.
PRIME Kenya Power to buy transformers in Sh2bn deal Acquisition of the critical kits is key to helping Kenya Power end connection delays to the affected customers and further boost electricity sales.
Rubis Energy forms joint venture for solar market Rubis joins its local rival TotalEnergies Marketing Kenya in the solar solutions market.
PRIME Kakuzi issues profit warning on tensions in Middle East Last year, Kakuzi Plc retained a Sh24 per share dividend despite a 46 percent dip in net profit.
PRIME Kenya in plan to triple global nuclear energy Three months ago, 14 of the world’s largest banks and financial institutions from five countries signaled their support for tripling global nuclear capacity.
PRIME KenGen earns Sh4bn from carbon credits sales The first KenGen project to be issued with carbon credits under the CDM initiative was the Tana hydroelectric power project, which received 57,458 carbon credits on March 13, 2020.
PRIME Concessional loans to fund bulk of KenGen projects The company is keen to cement its dominance in supplying the national electricity grid from its current share of 64 percent.
