Proposed Bill Seeks to Halve VAT on Fuel
Value Added Tax (VAT) on fuel (diesel and petrol) will be halved (reduced from 8% to 4%) if Parliament adopts proposed changes to the law seeking to lower pump prices. [...]
East African Cables Makes Net Loss of KSh 753.2 Million in 2020
East African Cables posted a Net Loss of KSh 753.2 Million at the end of the financial year ended 31st December 2020. This is compared to a Net Profit of [...]
KenGen Launches State-of-the-Art Research and Development Centre
Kenya Electricity Generating Company PLC (KenGen) has kicked off the construction of a Research and Development (RD) Centre at Tana Power Station located in Muranga County, in a move to boost innovation [...]
Kenya Power Withdraws Application to Increase Bills by 20%
Kenya Power has withdrawn an application to increase bills by up to a fifth, shifting its focus to lowering costs, curbing electricity theft and recovery of unpaid bills amounting to [...]KPLC Receives $ 1 Million grant from SEFA
The Kenya Power and Lighting Company(KPLC) has received a grant of US$ 1 Million from the Sustainable Energy Fund for Africa(SEFA) to create a Super Energy Service Company(ESCO). The Super [...]Kenyans Face More Pain at the Fuel Pump
Kenyans are now paying more for fuel at the pump after the Energy and Petroleum Regulatory Authority(EPRA) revised upwards, the maximum retail prices of petrol, diesel and kerosene. According to [...]TotalEnergies Names Mr Eric Fanchini as New Managing Director
TotalEnergies Marketing Kenya, one of the biggest suppliers of Petroleum and Gas products in East Africa, has appointed Mr Eric Fanchini as the new managing director of the company. He [...]
TotalEnergies Six-Month Profit Climbs 50% to KSh1.7 Billion
Oil marketer and distributor, TotalEnergies Kenya has reported a 50% improvement in the half-year profit for the period that ended on 30th June 2021. The company's net profit jumped to [...]EPRA Maintains Fuel Pump Prices in Latest Review
The Energy and Petroleum regulator(EPRA) has held the pump prices of kerosene, petrol and diesel constant in its latest review, the second time in a row since its last price [...]Kenya Power to Digitize Remaining 30% Of its Network at Cost of KSh 225 Million
Kenya Power has linked up with the National Youth Service (NYS) to digitize the remaining 30% of its network. The countrywide exercise, which the World Bank has funded under the [...]EPRA holds July-August Fuel Prices as Cost of Imported Crude falls
The regulatory Energy and Petroleum Regulatory Authority(EPRA) has held the pump prices of Super Petrol, Diesel and Kerosene during its latest review, covering the period between 15th July and 14th [...]100MW Kipeto Wind Farm Project in Kajiado Now Complete
Construction of the 100 MW Kipeto Wind Farm Project, located in Kajiado, has reached its completion. The two partners in this project, Pan-African developer BTE Renewables and Kenyan Craftskills said [...]
