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Radio Generation Kenya
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Kenya Power technicians at work. PHOTO/Business Today Kenya
Business

Treasury and Epra hold key to lower power bills after Kenya Power IPP talks

Kenya Power has already completed talks with several Independent Power Producers to review Power Purchase Agreements that have long been blamed for driving up electricity prices. The new terms, which aim to cut tariffs and convert contracts from foreign currency to Kenya Shillings, were finalised during the financial year ending June 2025 and submitted to Treasury and Epra for review, according to the Auditor-General.

“Spare us political conmanship,” Ruto says on privatisation plans
News

“Spare us political conmanship,” Ruto says on privatisation plans

Ruto outlined the benefits of privatisation and divestment, describing them as strategies that raise resources, improve corporate governance, and expand ownership of public assets to ordinary citizens. Highlighting the Kenya Pipeline IPO, he said the move allows Kenyans from all financial backgrounds to hold a stake in a key national asset.

Zelensky says land issue blocks peace as Ukraine prepares UAE talks
Global Affairs

Zelensky says land issue blocks peace as Ukraine prepares UAE talks

Zelensky also revealed that he and Trump had agreed on potential US security guarantees for Ukraine in case of a deal, which would require approval from both the US Congress and Ukraine’s parliament. He stressed that, while the UK- and France-led "Coalition of the Willing" would monitor the agreement, US involvement remained critical.

Guinea-Bissau military announces December polls amid regional scrutiny
Global Affairs

Guinea-Bissau military announces December polls amid regional scrutiny

The move comes after weeks of pressure from Ecowas, the West African regional body, which has urged the junta to speed up the return to civilian rule. Since the November coup that ousted President Umaro Sissoco Embaló, the military’s proposed one-year transition period was rejected by the bloc, which suspended Guinea-Bissau from its decision-making bodies and threatened further sanctions.