Jasmine Wambui
42 Articles
Kenyans brace for fuel price hike as EPRA set to introduce new charges
Every five years, EPRA undertakes a cost-of-service study for the petroleum and electricity sub-sectors.The first was undertaken in 2018, and the second has just concluded, and with it comes recommendations to add additional charges on petroleum products like petrol and diesel.
Communications Authority seeks dismissal of case challenging IMEI declaration rule
The CA argues that the court lacks jurisdiction over the matter and insists that it should be resolved through alternative dispute resolution mechanisms.
Exit Adani, enter Africa50: KETRACO to sign Ksh.45B deal for two power lines
The announcement which comes months after KETRACO cut ties with Adani Energy will see the finalisation of a Ksh.45 billion deal inked for the construction of two power lines.
Kenyans urged to collect Ksh.86B unclaimed assets held by State
The money trickles in from holders such as Saccos, telcos like Safaricom, the banking sector, and the insurance industry.Every year, only about 2,000 Kenyans claim these assets. This translates to a low reunification rate of just about 7 to 8 per cent....
Land prices in Nairobi’s satellite towns decline amid the rising economy- Report
Land prices in Nairobi’s satellite towns registered a modest 1.9 per cent increase in the fourth quarter of 2024, the slowest rate of growth in over 18 months. Thika and Mlolongo experienced the steepest deceleration, with price growth dropping from 6.3% and 6.6% to 0.9% and 1.1% in the fourth...
Technical committee formed as plans advance for Eldoret-Kampala-Kigali petroleum pipeline
The formation of the technical committee follows the reopening of talks between the four countries for extension of the pipeline in May.Further, discussions were held in Nairobi in July to establish the committee, which will guide the process of the construction of the pipeline which will carry diff...
Central Bank of Kenya lowers lending rates to 11.25%
Speaking during CBK's final monetary policy committee meeting of the year, CBK Governor Dr. Kamau Thugge urged commercial banks to lower their lending rates following this adjustment.He said the decision was prompted by cooling inflation, a relatively stable...
Savannah Clinker withdraws offer to take over Bamburi Cement after Benson Ndeta’s arrest
Tanzanian conglomerate, Amson’s Group has received approval from the Ministry of Mining, Blue Economy and Maritime Affairs for its proposed acquisition of Bamburi Cement.This approval follows the prior unconditional clearance from the COMESA Competition Commission....
KETRACO completes, powers-up Ksh.2.8B Sultan Hamud-Loitoktok transmission line
The high-voltage power line, which was built at a cost of Ksh.2.8 billion, is set to improve electricity supply in Kajiado and Makueni counties, allowing residents and businesses in the area access to stable and reliable electricity supply.
Gov't to launch overseas job recruitment targeting over 20K Kenyans - CS Mutua
Labour and Social Protection Cabinet Secretary Dr. Alfred Mutua, says the initiative is set to begin on Wednesday in Machakos County and will roll out across at least 20 counties before the end of the year.The government says the program’s first phase will place about 21,000 Kenyans in overseas jobs...