Business

Africa’s 30 billion cubic metres of gas to cut EU’s reliance on Russia

Africa’s 30 billion cubic metres of gas to cut EU’s reliance on Russia

Africa could be in a position to export some 30 billion cubic metres (bcm) to Europe, which is currently hungry…
Court suspends Kenya Power’s Ksh.2 billion metres tender over foreign interests

Court suspends Kenya Power’s Ksh.2 billion metres tender over foreign interests

High Court in Nairobi has suspended Kenya Power’s Ksh.2 billion tender for electricity metres supply, which it had awarded foreign…
Opiyo Wandayi reveals why Kenyans are paying heavily for fuel

Opiyo Wandayi reveals why Kenyans are paying heavily for fuel

Outgoing national assembly public accounts committee chairman, Opiyo Wandayi called on the government to restore the fuel subsidy to save…
Global motorists saddled by high fuel costs for first time in history; A look at Kenya, its peers

Global motorists saddled by high fuel costs for first time in history; A look at Kenya, its peers

Fuel prices have more than doubled in two years, saddling millions of motorists with enormous costs. For example, in the…
Let Keroche go, Odinga responds to KRA for shutting down Keroche breweries

Let Keroche go, Odinga responds to KRA for shutting down Keroche breweries

“Don’t kill the goose that lays the golden egg,” said Azimio La Umoja Presidential flag bearer Raila Odinga who slammed…
How NMS plans to force matatus from Nairobi CBD

How NMS plans to force matatus from Nairobi CBD

Matatus in Nairobi’s Central Business District (CBD) will be phased out of the city before the end of the year…
Kenya banking on KenGen to effect 15% power cut in second phase

Kenya banking on KenGen to effect 15% power cut in second phase

The Kenyan government is now banking on the electricity generating company, KenGen, to effect the remaining 15 percent power cut.…
Qatar Airways posts record Ksh.180.8 billion profit despite pandemic

Qatar Airways posts record Ksh.180.8 billion profit despite pandemic

Qatar Airways on Thursday posted a record net profit of Ksh.180.8 billion for the 2021-2022 financial year. The air carrier…
What you need to know about central banks raising benchmark lending rates

What you need to know about central banks raising benchmark lending rates

Central Banks in both developed and emerging economies are raising their benchmark lending rates amidst the high cost of living…
Govt allocates Ksh.100 billion for fuel subsidy in next fiscal year

Govt allocates Ksh.100 billion for fuel subsidy in next fiscal year

The Kenyan Government has allocated Ksh.100 billion for fuel subsidy in the next fiscal year starting July 1, 2022, to…
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