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Latest

Global Trade Weathers Tariff Storm as MEA Emerges as Strategic Hub, Citi Report

Kenya Launches Tourism Digital Payments App 'TouristTap'

BOC Kenya Extends 56-Year Unbroken Record with KSh 314Mn Profit in 2025

CIC Insurance AGM on May 8 to Ratify Bonus Share Residuals

Manufacturers Decry Higher Compliance Burden While Illicit Operators Flourish

Kenya Is Converting Investor Confidence into Real Economic Growth- Invest Kenya CEO

Associated Motors Closes Shop After Losing 60 Year Isuzu Franchise

Kopo Kopo Among 32 New Licensed Digital lenders, Sector Loans Top KSh 133.5 Bn

View More

Brand Partnerships

Bullish Africa Returns to Nairobi During France–Africa Summit Week

Wall Street Africa

Bullish Africa Returns to Nairobi During France–Africa Summit Week

As Nairobi prepares to host the France–Africa Summit—drawing over 30 heads of state and global business leaders—The Kenyan Wall Street will convene top investors and policymakers for the Bullish Africa Reception on May 11, 2026.

How Kenyan Firms are Cultivating Excellence to Build Better Workplaces in 2026

TKWS Best Places to Work 2026

How Kenyan Firms are Cultivating Excellence to Build Better Workplaces in 2026

Employment in Kenya is becoming more competitive and companies are quickly innovating to take steps to better support their staff and improve their lives.

Kenya Banking Sector Report

Wall Street Africa Research

Kenya Banking Sector Report

Comprehensive analysis of Kenya's eight Tier-1 NSE-listed banks — covering profitability, asset quality, dividends, and capital efficiency. Get your free copy.

Newsletters

Kenya's #1 newsletter among business leaders & policy makers

Why Manufacturers Are Losing Ground

Kenya's #1 newsletter among business leaders & policy makers

Pain at the Pump

Kenya's #1 newsletter among business leaders & policy makers

What Bank Dividends Are Telling Investors in 2026

Kenya's #1 newsletter among business leaders & policy makers

The Eastleigh eTIMS Compliance Gridlock

Kenya's #1 newsletter among business leaders & policy makers

Kenya's Bad Loans Problem is the Worst Among East Africa's Banks

Kenya's #1 newsletter among business leaders & policy makers

Kenya’s Complicated Place in the New World Order

Your News

Banking

StanChart, KCB, and NCBA: What Bank Dividends Are Telling Investors in 2026

StanChart, KCB, and NCBA: What Bank Dividends Are Telling Investors in 2026

For investors in banking stocks, dividends are one of the clearest signals to watch in 2026, as the inaugural FY25 Kenya Banking Sector Report by Wall Street Africa Group.

Kenya’s Banks Still Have East Africa’s Worst Bad Loan Problem

Kenya’s Banks Still Have East Africa’s Worst Bad Loan Problem

Kenyan banks may have improved their asset quality in FY25, but the sector is still carrying the heaviest bad loan burden in East Africa, according to the FY25 Kenya Banking Sector Report by Wall Street Africa Group.

Kenya’s Banking Sector Splits Into Winners and Laggards

Kenya’s Banking Sector Splits Into Winners and Laggards

Kenya’s banking sector is no longer moving as one trade, according to the FY25 Kenya Banking Sector Report published by Wall Street Africa Group.

KESONIA, Lower Rates, and the New Profit Test for Kenya's Banks- Wall Street Africa FY25 Kenya Banking Sector Report

KESONIA, Lower Rates, and the New Profit Test for Kenya's Banks- Wall Street Africa FY25 Kenya Banking Sector Report

After nearly two years of strong macro tailwinds, banks are now being forced to prove how much of their profitability was structural and how much was simply helped by high interest rates, elevated Treasury bill yields and foreign exchange volatility.

Wall Street Africa Group Launches Inaugural Kenya Banking Sector Report

Wall Street Africa Group Launches Inaugural Kenya Banking Sector Report

Wall Street Africa Group’s inaugural banking sector report shows that FY2025 marked the end of easy earnings for Kenyan banks. FY2026 now set to test which institutions can sustain performance in a lower-rate, tighter-margin environment.

Global News

Global Trade Weathers Tariff Storm as MEA Emerges as Strategic Hub, Citi Report

Global Trade Weathers Tariff Storm as MEA Emerges as Strategic Hub, Citi Report

Citi's 2026 Supply Chain Financing report finds global trade resilient despite US tariffs reaching 16.8%. MEA recorded a 52% rise in shipments from North and East Asia, while China's exports to the region grew 61%. AI adoption in trade finance rose 18 percentage points to 36% of large corporates. Citi also piloted bill of exchange tokenization with PwC and Solana, compressing settlement from days to minutes.

Saudi Arabia Fears Yemeni Houthis Might Blockade Crucial Red Sea Strait

Saudi Arabia Fears Yemeni Houthis Might Blockade Crucial Red Sea Strait

The blockade of the Strait of Hormuz by the U.S Navy has escalated fears of retaliation by Iranian-backed Yemeni Houthis across a narrow strait in the Red Sea called the Bab al-Mandeb

Dangote Refinery Plans First Pan-African IPO in History

Dangote Refinery Plans First Pan-African IPO in History

Aliko Dangote plans to list Dangote Petroleum Refinery and Petrochemicals FZE on multiple African stock exchanges in a continent-first cross-border IPO targeting a raise of up to US$5 billion. Analysts value the refinery at between US$40 billion and US$50 billion, with 5-10% of equity on offer. The primary listing targets the Nigerian Exchange Group main board in June-July 2026. The Nairobi Securities Exchange is among six bourses involved. Stanbic IBTC Capital, Vetiva Advisory Services, and FirstCap have been appointed as financial advisers.

Africa Tech Summit London Returns to London Stock Exchange on May 29 for its Landmark 10th Edition

Africa Tech Summit London Returns to London Stock Exchange on May 29 for its Landmark 10th Edition

Sasini Exits Avocado Processing After Houthi Disruptions Cut Shipments by 69%

Sasini Exits Avocado Processing After Houthi Disruptions Cut Shipments by 69%

Sasini PLC has invited sealed tenders for the sale of its avocado processing and packing plant at Sameer Industrial Park, Nairobi, through subsidiary Sasini Avocado EPZ Limited. The move follows two years of losses in the fruit segment after Houthi attacks on Red Sea shipping reduced container shipments from 71 in FY2024 to just 22 in FY2025. The plant, commissioned in 2021, processes up to 8 tonnes per hour. Tenders close 8 May 2026. Sasini is pivoting toward Asian markets as it retreats from direct processing.

Kenya Business news

Why Sameer Africa's KSh 9.19Bn in Properties Sit in Its Books at KSh 933Mn

Why Sameer Africa's KSh 9.19Bn in Properties Sit in Its Books at KSh 933Mn

Sameer Africa Plc is set to complete the sale of 3.75 acres of Mombasa Road land valued at US$7.13 Mn (KSh 919.70 Mn), carried on its books at KSh 15,000, with closure projected in Q2 2026. The proceeds would clear the company's retained earnings deficit of KSh 206.72 Mn and unlock dividends for the first time since FY2014. The deal spotlights a wider valuation gap: Knight Frank values Sameer Africa's investment property portfolio at KSh 9.19 Bn against a book value of KSh 932.79 Mn, implying unrecognized gains of KSh 8.26 Bn. The company holds an estimated 85-acre land bank in Nairobi's Embakasi area. The 3.75 acres being sold is less than 5% of that total.

Kenya Launches Tourism Digital Payments App 'TouristTap'

Kenya Launches Tourism Digital Payments App 'TouristTap'

TouristTap, developed by Craft Silicon in partnership with KCB Bank and Visa, enables international and domestic visitors to make card-based payments directly from their mobile phones

BOC Kenya Extends 56-Year Unbroken Record with KSh 314Mn Profit in 2025

BOC Kenya Extends 56-Year Unbroken Record with KSh 314Mn Profit in 2025

BOC Kenya posted record profit after tax of KSh 314.02Mn for FY2025, up 48.4% year-on-year, as revenue rose 18.5% to KSh 1.427Bn on stronger engineering project activity and rising medical and industrial gas demand. Operating profit jumped 72.5% to KSh 383.68Mn, pushing the operating margin to 26.9%. The board proposed a final dividend of KSh 10.35 per share, bringing the total FY2025 payout to a record KSh 12.85.

CIC Insurance AGM on May 8 to Ratify Bonus Share Residuals

CIC Insurance AGM on May 8 to Ratify Bonus Share Residuals

CIC Insurance Group's 47th AGM on May 8, 2026 will ask shareholders to ratify 53,587 additional ordinary shares allotted by the Board in June 2025, arising from fractional entitlements after the 1-for-10 bonus issue approved at the May 2025 AGM. The shares rank pari passu with existing stock. The meeting also covers FY2025 results, where net profit fell 82% to KSh 513.8 million, and a flat dividend of KSh 0.13 per share. Insurance revenue grew 12% to KSh 29.50 billion.

Manufacturers Decry Higher Compliance Burden While Illicit Operators Flourish

Manufacturers Decry Higher Compliance Burden While Illicit Operators Flourish

Kenya’s shadow economy has grown large enough to rival the country’s formal manufacturing sector, exposing a widening imbalance between compliant businesses and illicit operators.

Markets

Why Sameer Africa's KSh 9.19Bn in Properties Sit in Its Books at KSh 933Mn

Why Sameer Africa's KSh 9.19Bn in Properties Sit in Its Books at KSh 933Mn

Sameer Africa Plc is set to complete the sale of 3.75 acres of Mombasa Road land valued at US$7.13 Mn (KSh 919.70 Mn), carried on its books at KSh 15,000, with closure projected in Q2 2026. The proceeds would clear the company's retained earnings deficit of KSh 206.72 Mn and unlock dividends for the first time since FY2014. The deal spotlights a wider valuation gap: Knight Frank values Sameer Africa's investment property portfolio at KSh 9.19 Bn against a book value of KSh 932.79 Mn, implying unrecognized gains of KSh 8.26 Bn. The company holds an estimated 85-acre land bank in Nairobi's Embakasi area. The 3.75 acres being sold is less than 5% of that total.

BOC Kenya Extends 56-Year Unbroken Record with KSh 314Mn Profit in 2025

BOC Kenya Extends 56-Year Unbroken Record with KSh 314Mn Profit in 2025

BOC Kenya posted record profit after tax of KSh 314.02Mn for FY2025, up 48.4% year-on-year, as revenue rose 18.5% to KSh 1.427Bn on stronger engineering project activity and rising medical and industrial gas demand. Operating profit jumped 72.5% to KSh 383.68Mn, pushing the operating margin to 26.9%. The board proposed a final dividend of KSh 10.35 per share, bringing the total FY2025 payout to a record KSh 12.85.

CIC Insurance AGM on May 8 to Ratify Bonus Share Residuals

CIC Insurance AGM on May 8 to Ratify Bonus Share Residuals

CIC Insurance Group's 47th AGM on May 8, 2026 will ask shareholders to ratify 53,587 additional ordinary shares allotted by the Board in June 2025, arising from fractional entitlements after the 1-for-10 bonus issue approved at the May 2025 AGM. The shares rank pari passu with existing stock. The meeting also covers FY2025 results, where net profit fell 82% to KSh 513.8 million, and a flat dividend of KSh 0.13 per share. Insurance revenue grew 12% to KSh 29.50 billion.

Sameer Africa Sells Last Tyre, Posts Best Operating Profit in 12 Years

Sameer Africa Sells Last Tyre, Posts Best Operating Profit in 12 Years

Sameer Africa Plc posted operating profit of KSh 292.64 Mn for the year ended 31 December 2025, the highest since 2013, as revenue rose 11.1% to KSh 432.74 Mn entirely from investment property rentals. The company recorded zero tyre revenue for the first time in its 56-year history. Total equity crossed KSh 1.00 Bn for the first time in the post-manufacturing era, rising 37.3%. Net profit advanced 5.5% to KSh 274.28 Mn with EPS of KSh 0.99. A pending land sale valued at KSh 919.70 Mn is projected to close in Q2 2026, with proceeds worth more than three times annual net profit.

Fincredit SEZ Joins NSE Ibuka in Capital Markets Push

Fincredit SEZ Joins NSE Ibuka in Capital Markets Push

Fincredit SEZ Limited, a credit-only microfinance institution operating in Kenya, Uganda, and Liberia, has been admitted into the NSE Ibuka incubation and acceleration programme. The company, formerly known as AAR Credit Services Ltd and established in 2000, is registered within the TRIFIC Special Economic Zone in Nairobi. CEO John Kariuki described the admission as a critical step in the company's strategic transformation. The programme prepares companies for equity or debt capital market access at the NSE.

Public Policy

Manufacturers Decry Higher Compliance Burden While Illicit Operators Flourish

Manufacturers Decry Higher Compliance Burden While Illicit Operators Flourish

Kenya’s shadow economy has grown large enough to rival the country’s formal manufacturing sector, exposing a widening imbalance between compliant businesses and illicit operators.

Kenya Is Converting Investor Confidence into Real Economic Growth- Invest Kenya CEO

Kenya Is Converting Investor Confidence into Real Economic Growth- Invest Kenya CEO

The direction set out at KIICO 2026 was clear. Kenya is not only open for business, it is actively working to ensure that investment opportunities are actionable, competitive, and supported by strong institutional frameworks.

Kopo Kopo Among 32 New Licensed Digital lenders, Sector Loans Top KSh 133.5 Bn

Kopo Kopo Among 32 New Licensed Digital lenders, Sector Loans Top KSh 133.5 Bn

The Central Bank of Kenya has licensed 32 additional digital credit providers, raising the total regulated digital lenders to 227. The latest batch includes Kopo Kopo Inc. Kenya, acquired by Nigeria's Moniepoint in 2023, alongside Inkomoko Capital Kenya, Izwe Loans Kenya and Hakki Africa. The sector's loan book has grown from KSh 28.9bn in 2023 to KSh 133.5bn as of February 2026, with 7.5 million borrowers. CBK has received more than 800 applications since March 2022.

Kenya Cuts Fuel VAT to 8% in 24Hr U-Turn

Kenya Cuts Fuel VAT to 8% in 24Hr U-Turn

The Cabinet Secretary for National Treasury cut fuel VAT from 13% to 8% via Legal Notice No. 70 dated April 15, 2026, forcing EPRA to issue a pricing addendum just 24 hours after announcing record increases. Effective April 16, super petrol in Nairobi drops KSh 9.37 to KSh 197.60 per litre and diesel falls KSh 10.21 to KSh 196.63, pulling both products below KSh 200. Kerosene remains unchanged at KSh 152.78. The revision follows three layers of government intervention: a KSh 6.2 billion Petroleum Development Levy Fund deployment, a VAT cut from 16% to 13% on April 14, and the further reduction to 8% on April 15.

IMF Wants Kenya's KSh 335Bn Tax-backed Debt Added to Public Debt Figures

IMF Wants Kenya's KSh 335Bn Tax-backed Debt Added to Public Debt Figures

The IMF has told Kenya that future tax revenues pledged to fund infrastructure projects, including roads, a railway, a stadium, and an airport upgrade, must be recorded as sovereign debt under international statistical standards. The ruling challenges the government's use of special purpose vehicles to keep KSh 335Bn in securitized financing off the public balance sheet. The finding complicates Kenya's bid for a new IMF lending programme, with talks continuing at the IMF-World Bank Spring Meetings in Washington this week.

Guest Analysis

Kenya Is Converting Investor Confidence into Real Economic Growth- Invest Kenya CEO

John

Kenya Is Converting Investor Confidence into Real Economic Growth- Invest Kenya CEO

The direction set out at KIICO 2026 was clear. Kenya is not only open for business, it is actively working to ensure that investment opportunities are actionable, competitive, and supported by strong institutional frameworks.

Why Kenya’s Creative Economy Is Firmly on Investors’ Radar

Angela

Angela Ng’ang’a

Why Kenya’s Creative Economy Is Firmly on Investors’ Radar

The creative economy sits at the intersection of innovation, youth employment, digital trade, and intellectual property, making it one of the most compelling long-term investment opportunities.

Kenya’s Complicated Place in the New World Order

Morris

Kenya’s Complicated Place in the New World Order

The military part of the Gulf Crisis might be finally coming to an end, but the world will never be the same again. It’s time to redefine Kenya’s place in it.

Africa's Small Businesses Deserve World Class Banking

Nicasio

Nicasio Karani Migwi

Africa's Small Businesses Deserve World Class Banking

Micro, Small and Medium Enterprises (MSMEs) form the backbone of the global economy, yet their growth is constrained by limited access to finance.

Africa's Growing Shift To Digital Policing Spurs Debate

Phenyo

Phenyo Mokgothu

Africa's Growing Shift To Digital Policing Spurs Debate

Governments across the world are turning to digital policing systems to improve crime detection, manage information and respond faster to security threats.

How Kenya Can Navigate Economic Shocks from the Middle East War

Cuba

How Kenya Can Navigate Economic Shocks from the Middle East War

Kenya’s current “wait and hope” approach is not economically or politically feasible. Calm and calculated decisions have to be taken to avoid a deeper crisis.

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Shows

Just Money Podcast with Just Ivy Africa

Just Money Podcast with Just Ivy Africa

Just Money Podcast with Just Ivy Africa

Investing Like an Executive

Investing Like an Executive

Exciting News! Introducing "Investing Like an Executive," the brand-new Interview Series by The Kenyan Wall Street. Join us as we sit down with top CEOs and executives, delving into their remarkable journeys and unraveling the secrets to their investing success

In Depth Insights

In Depth Insights

Her Leadership

Her Leadership

Her Leadership features women doing amazing things! Entrepreneurs, executives, innovators, and leaders

Africa Reacts

Africa Reacts

Geopolitics plays an undeniable force in the business and financial world. Unfortunately, while Africa is made up of 54 different countries, the world still acts like "Africa is a country." AFRICA REACTS is a video series that provides exclusive insight on geopolitical happenings of particular interest to Africans across the world.

Just Money Podcast with Just Ivy Africa

Just Money Podcast with Just Ivy Africa

Just Money Podcast with Just Ivy Africa

Investing Like an Executive

Investing Like an Executive

Exciting News! Introducing "Investing Like an Executive," the brand-new Interview Series by The Kenyan Wall Street. Join us as we sit down with top CEOs and executives, delving into their remarkable journeys and unraveling the secrets to their investing success

In Depth Insights

In Depth Insights

Her Leadership

Her Leadership

Her Leadership features women doing amazing things! Entrepreneurs, executives, innovators, and leaders

Africa Reacts

Africa Reacts

Geopolitics plays an undeniable force in the business and financial world. Unfortunately, while Africa is made up of 54 different countries, the world still acts like "Africa is a country." AFRICA REACTS is a video series that provides exclusive insight on geopolitical happenings of particular interest to Africans across the world.

Wall Street Africa Business Intelligence

Access exclusive news, expert analysis, and tools designed to give investors an edge.

Fixed Income

Real-time bond pricing with instant calculations, auction data, yield curves, and trend analysis for Africa’s fixed-income markets.

Local and Global Insights

Unique perspective with a blend of local and global news and analysis, tailored for African investors.

Real-Time Economic Indicators

Monitor inflation, currency movements, and other key economic indicators for African countries.

Interactive Data for Local Markets

Visualize trends and compare markets across Africa with interactive charts and tools.

Wallstreet Africa

Wallstreet Africa

Wallstreet Africa

Kenya Cuts Fuel VAT to 8% in 24Hr U-Turn

Kenya Cuts Fuel VAT to 8% in 24Hr U-Turn

The Cabinet Secretary for National Treasury cut fuel VAT from 13% to 8% via Legal Notice No. 70 dated April 15, 2026, forcing EPRA to issue a pricing addendum just 24 hours after announcing record increases. Effective April 16, super petrol in Nairobi drops KSh 9.37 to KSh 197.60 per litre and diesel falls KSh 10.21 to KSh 196.63, pulling both products below KSh 200. Kerosene remains unchanged at KSh 152.78. The revision follows three layers of government intervention: a KSh 6.2 billion Petroleum Development Levy Fund deployment, a VAT cut from 16% to 13% on April 14, and the further reduction to 8% on April 15.

Why Sameer Africa's KSh 9.19Bn in Properties Sit in Its Books at KSh 933Mn

Sameer Africa Plc is set to complete the sale of 3.75 acres of Mombasa Road land valued at US$7.13 Mn (KSh 919.70 Mn), carried on its books at KSh 15,000, with closure projected in Q2 2026. The proceeds would clear the company's retained earnings deficit of KSh 206.72 Mn and unlock dividends for the first time since FY2014. The deal spotlights a wider valuation gap: Knight Frank values Sameer Africa's investment property portfolio at KSh 9.19 Bn against a book value of KSh 932.79 Mn, implying unrecognized gains of KSh 8.26 Bn. The company holds an estimated 85-acre land bank in Nairobi's Embakasi area. The 3.75 acres being sold is less than 5% of that total.7 hours ago | Kenya Business news

Why Sameer Africa's KSh 9.19Bn in Properties Sit in Its Books at KSh 933Mn

Bullish Africa Investors Reception Set for Nairobi This May

Bullish Africa Investors Reception Set for Nairobi This May

As Nairobi prepares to host the France–Africa Summit—drawing over 30 heads of state and global business leaders—The Kenyan Wall Street, part of Wall Street Africa Group will convene top investors, financiers, and policymakers for the Bullish Africa Investors Reception on May 11, 2026, an exclusive gathering spotlighting Europe–Africa investment opportunities.

Kenya Raises Diesel Prices to Highest in History

Kenya Raises Diesel Prices to Highest in History

EPRA has raised super petrol by KSh 28.69 to KSh 206.97 and diesel by a record KSh 40.30 to an all-time high of KSh 206.84 in Nairobi for the April 15 to May 14, 2026 cycle. Kerosene remains unchanged at KSh 152.78. The increases follow a 68.72% jump in diesel landed costs and a 41.53% rise in petrol landed costs, driven by Middle East supply disruptions. The government cut fuel VAT from 16% to 13% and deployed KSh 6.2 billion from the Petroleum Development Levy Fund to cushion consumers. Without the kerosene subsidy, the product would retail at approximately KSh 260 per litre.

KRA Opens High-Stakes Race for New Commissioner General

KRA Opens High-Stakes Race for New Commissioner General

The Kenya Revenue Authority (KRA) has formally declared a vacancy for the position of Commissioner General, setting in motion a high-stakes succession process

The Cabinet Secretary for National Treasury cut fuel VAT from 13% to 8% via Legal Notice No. 70 dated April 15, 2026, forcing EPRA to issue a pricing addendum just 24 hours after announcing record increases. Effective April 16, super petrol in Nairobi drops KSh 9.37 to KSh 197.60 per litre and diesel falls KSh 10.21 to KSh 196.63, pulling both products below KSh 200. Kerosene remains unchanged at KSh 152.78. The revision follows three layers of government intervention: a KSh 6.2 billion Petroleum Development Levy Fund deployment, a VAT cut from 16% to 13% on April 14, and the further reduction to 8% on April 15.

Kenya Cuts Fuel VAT to 8% in 24Hr U-Turn

The Cabinet Secretary for National Treasury cut fuel VAT from 13% to 8% via Legal Notice No. 70 dated April 15, 2026, forcing EPRA to issue a pricing addendum just 24 hours after announcing record increases. Effective April 16, super petrol in Nairobi drops KSh 9.37 to KSh 197.60 per litre and diesel falls KSh 10.21 to KSh 196.63, pulling both products below KSh 200. Kerosene remains unchanged at KSh 152.78. The revision follows three layers of government intervention: a KSh 6.2 billion Petroleum Development Levy Fund deployment, a VAT cut from 16% to 13% on April 14, and the further reduction to 8% on April 15.14 hours ago

As Nairobi prepares to host the France–Africa Summit—drawing over 30 heads of state and global business leaders—The Kenyan Wall Street, part of Wall Street Africa Group will convene top investors, financiers, and policymakers for the Bullish Africa Investors Reception on May 11, 2026, an exclusive gathering spotlighting Europe–Africa investment opportunities.

Bullish Africa Investors Reception Set for Nairobi This May

As Nairobi prepares to host the France–Africa Summit—drawing over 30 heads of state and global business leaders—The Kenyan Wall Street, part of Wall Street Africa Group will convene top investors, financiers, and policymakers for the Bullish Africa Investors Reception on May 11, 2026, an exclusive gathering spotlighting Europe–Africa investment opportunities. 2 days ago

EPRA has raised super petrol by KSh 28.69 to KSh 206.97 and diesel by a record KSh 40.30 to an all-time high of KSh 206.84 in Nairobi for the April 15 to May 14, 2026 cycle. Kerosene remains unchanged at KSh 152.78. The increases follow a 68.72% jump in diesel landed costs and a 41.53% rise in petrol landed costs, driven by Middle East supply disruptions. The government cut fuel VAT from 16% to 13% and deployed KSh 6.2 billion from the Petroleum Development Levy Fund to cushion consumers. Without the kerosene subsidy, the product would retail at approximately KSh 260 per litre.

Kenya Raises Diesel Prices to Highest in History

EPRA has raised super petrol by KSh 28.69 to KSh 206.97 and diesel by a record KSh 40.30 to an all-time high of KSh 206.84 in Nairobi for the April 15 to May 14, 2026 cycle. Kerosene remains unchanged at KSh 152.78. The increases follow a 68.72% jump in diesel landed costs and a 41.53% rise in petrol landed costs, driven by Middle East supply disruptions. The government cut fuel VAT from 16% to 13% and deployed KSh 6.2 billion from the Petroleum Development Levy Fund to cushion consumers. Without the kerosene subsidy, the product would retail at approximately KSh 260 per litre.2 days ago