Foreigners have sold NSE stocks worth Sh2.3 billion in the past three months, according to new market data. Despite improvements in local equities, foreign investors continued to withdraw from the …
Kenya News
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Oil marketers eye bigger profits in Epra review
by Editorby EditorOil marketers are anticipating increased profits as Epra begins a crucial review that will determine new costs for the next five years. The Energy and Petroleum Regulatory Authority recently awarded …
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Private firms to import electricity for resale locally
by Editorby EditorPrivate companies in Kenya are set to venture into the electricity distribution sector and will be allowed to import power from neighbouring countries for local resale. This move, proposed by …
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Kenya Receives Springbuck Armored Vehicles From South-Africa
by Editorby EditorThe Kenyan government has acquired a series of Springbuck armoured personnel carriers from DCD Protected Mobility. The first fleet of these advanced vehicles was inaugurated and deployed on Wednesday, March …
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Customers to remain yoked to Kenya Power despite end of monopoly
by Editorby EditorMillions of existing Kenya Power customers will be tied to the power utility indefinitely despite the State opening up the electricity distribution market to other firms. The Energy (Electricity Market, …
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Kenya is Africa’s start-up funding top destination
by Editorby EditorKenya has defied a global funding drought for budding companies to post a 17 percent increase in new start-up investments, toppling Nigeria and Egypt as the continent’s largest destination for …
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Kenya’s Government Says it is Taking Steps to Ease Cost of Living
by Editorby EditorKenya’s government says it is committed to building the economy by increasing revenue collection, reducing government spending, and ensuring the country can repay its debt and live within its means. …
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Antibiotic use on Kenya’s dairy farms is putting consumers and animals at risk
by Editorby EditorFarmers often use antibiotics to keep their livestock healthy. They’re sometimes used as “quick fixes”, to avoid more costly management measures like regular disinfection, waste management, routine vaccination or provision …
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Kenya exempts Ethiopia, six other countries from eTA fees
by Editorby EditorKenya has exempted passport holders from South Africa and six other countries from paying an unpopular entry fee introduced last month. The government scrapped visa requirements for all foreign passport …
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Kenya hydropower hits 471 MW amid rising water levels
by Editorby EditorKenya Electricity Generating Co. Ltd. (KenGen), a state-owned enterprise, said Monday that its hydropower stations have recorded a peak output of more than 471 MW due to rising water levels …