Kenya: Why Taxpayers Will Have to Pay Billions for Cheaper Power

Kenya: Why Taxpayers Will Have to Pay Billions for Cheaper Power

The expensive power purchase agreements (PPAs) signed between Kenya Power and independent producers cannot be terminated, Solicitor-General Ken Ogeto has said, dimming hopes of cheaper electricity. He told the National Assembly’s Committee on Energy yesterday that taxpayers will have to foot billions of shillings in damages should the government wish to review or terminate the […]

Uhuru under pressure over WHO curfew rule

Uhuru under pressure over WHO curfew rule

President Uhuru Kenyatta has come under pressure to ease Kenya’s Covid-19 restrictions after a sharp decline in infections and hospital admissions reported in recent weeks. Kenya has met a majority of indicators used to downgrade restrictions in line with World Health Organisation (WHO) guidelines, including ICU admissions, positivity rate and deaths. This has seen public […]

Top 50 Women in Corporate Africa Revealed after Data-Driven Research

Top 50 Women in Corporate Africa Revealed after Data-Driven Research

In a major virtual summit with over 1,000 high-level attendees, Africa.com revealed the names of the 50 most senior women in Corporate Africa. The Africa.com Definitive List of Women CEOs is distinguished in that it is data-driven. The researchers started by working with data provided by Bloomberg and evaluating the over 1,400 companies listed on […]

KAM backs four year freeze on clinker import duty hike

KAM backs four year freeze on clinker import duty hike

The Kenya Association of Manufacturers (KAM) has backed recommendations that a four-year grace period be considered before any increase of import duty subjected on clinker, a key raw material used in cement production. The decision emanates from a report by the National Independent Verification Committee constituted by KAM in order to assess clinker production and […]