Hard truths.
Northern and more remote areas, however, will continue to face higher fuel costs due to added transport expenses. For instance, Mandera will record petrol at Sh200.41, diesel at Sh188.72, and kerosene at Sh174....
In Meru County, Igoji Police Station will dispose of 15 motorcycles after receiving approval from the Nkubu Law Court. The bikes, which are widely used for both business and private transport, include five Capt...
The reduction comes after careful calculations by the regulator and will take effect from Sunday, February 15, running through to March 14.
The National Treasury’s final Budget Policy Statement for 2026, presented in the National Assembly, shows that the government will borrow Sh1.170 trillion for the year starting in July.
KCB Bank Kenya has revised its base lending rate to 8.75% following CBK’s CBR move, affecting new and existing variable-rate loans under the Risk-Based Credit Pricing Model.
KenGen, which provides over 60 percent of Kenya’s electricity, stressed that the adjustments would not reduce or affect the government’s majority stake in the company.
The auction results point to falling yields across all tenors, reflecting easing borrowing costs and sustained appetite for longer-term government securities.
The Kenya Revenue Authority has issued a Sh23.1 billion tax demand on the sale of Tullow Oil Kenya BV to Auron Energy, detailing capital gains, VAT and withholding tax now under objection review.
Dr. Oigara is currently the Standard Bank Regional Chief Executive for East Africa, a position he has held since September 2025, overseeing operations across six countries: Kenya, Uganda, Malawi, Tanzania, Sout...
Existing Kenya shilling variable-rate loans that are already based on CBR plus a premium will continue under the same pricing structure, with the CBR component adjusting from 9.00% to 8.75% 30 days after the no...
Last year, Kenya tapped the Eurobond market twice to refinance maturing debt, aiming to ease short-term repayment pressures and improve the overall debt profile.
The company has onboarded 205 customers to its e-mobility tariff and installed EV chargers across Nairobi, with plans to expand to Voi, Mombasa, Nyeri, Nakuru, and Eldoret.