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Commodities Economy
EPRA allays fears of fuel shortage in country, blames logistical constraints
April 5, 2022
Lawrence Baraza
0

Uhuru unlocks Ksh.34 billion to oil marketers to release fuel

President Uhuru Kenyatta signed key Parliamentary Bills into law Monday, April 4 to deal with the financing crisis that has recently gripped the country. Among the key Bills was the Supplementary Budget which will see a total of Ksh.139,752,936,287 released to the exchequer. The funds are meant

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POST TAGS:
Oil Marketing CompaniesUhuru Kenyatta
Commodities Economy
Kenya to import oil directly from UAE to end fuel shortage
April 4, 2022
Sandra Atieno
1

Government owes Oil Marketers Ksh.13 billion, reason behind fuel shortage

Oil Marketing Companies (OMC) in Kenya have made a number of demands to the Government, including the immediate payment of Ksh.13 billion in oil subsidy funds that are owed to them since January. This saw the government summon the marketers over the weekend for a meeting

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POST TAGS:
EPRALexo Energy East AfricaOil Marketing Companiesoil subsidy
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Newsletter
Kenya raises Ksh.73.7 billion in June Infrastructure Bond
Treasury fails to meet June Bond target, raises K
June 27, 2022
High Dollar demand weakens Kenya shilling to 0.1 units shy to attain 117 record level
Kenya’s dollar crisis sees forex reserve plumme
June 27, 2022
Kenya’s market could lose confidence in forex effectiveness as shilling nears 117 mark
Kenya shilling now 0.2 units shy to hit 118 level
June 27, 2022
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