– The electricity distributor is no longer issuing a breakdown of electricity bills for various items such tax, fuel energy charge, inflation adjustment, regulatory levies and other surcharges – There has been an increase in the fuel surcharge and forex adjustment costs owing to KPLC’s overreliance on diesel-powered generators to generate electricity – The power […]
Power tariffs have not been increased and electricity prices will remain the same, the Energy and Petroleum Regulatory Authority(EPRA) has said. The regulator said this in a statement made to clarify news published by the Business Daily, indicating that the authority has approved higher electricity prices. “EPRA informs the public that the tariff application by […]
• Announcing the appointment via Twitter on Friday, KPLC said Yeda was chosen by the Board of Directors and she is to resume her new position immediately. • "We look forward to her stewardship, and that of the entire Board, as we pursue our growth journey," KPLC said. Vivienne Yeda, newly appointed KPLC Board of […]
November 9, 2020: Sameer Africa was the top gainer of the day on Monday at the Nairobi Securities Exchange with 9.71 percent at the price of 3.39 shillings per share. The East African Cables and Sanlam Kenya gained 9.29 and 7.06 percent respectively at the price of 1.53 and 13. 65 shillings per share respectively. […]
Absa Kenya was the top mover at the Nairobi Securities Exchange on Tuesday after selling 5.38 million shares with a market capitalization of 54.32 billion shillings. The second top mover of the day was Safaricom who moved 4.83 million shares with a market capitalization of 1.28 trillion shillings. KCB Group and the Co-operative Bank of […]
Image: Vasin Leenanuruksa©123RF.com By Mbae Mutegi, PE, CEM –County Business Manager (Nairobi West) at Kenya Power Africa has the fastest-growing economies from across the world and has massive road, rail and power infrastructure projects underway. Coupling the said projects with Industrial Internet of Things (IIoT) from the onset will improve their optimal use, reduce maintenance […]
The KOSAP initiative is targeting off-grid solar at 14 Kenyan counties. Some 19 off-grid solar companies operating in Kenya have been offered access to KES500 million ($4.6 million) of credit as part of the $150 million Kenya Off-grid Solar Access Program (KOSAP) financed by the World Bank . With the KOSAP initiative aiming to bring […]
Kenya Power staff repair a power line in Migori town. The Energy and Petroleum Regulatory Authority (EPRA) has issued clarification on the status of the tariff review application by Kenya Power and Lighting Company (KPLC) saying that the application is still under review and approvals are yet to be granted. "EPRA informs the public that […]
The Nairobi Securities Exchange (NSE) was the top gainer of the day on Thursday after being in the red for some days with 8.11 percent at the price of 8.00 shillings per share. Trans-Century and Carbacid Investments gained 6.67 and 6.10 percent at the price of 1.60 and 8.70 shillings per share respectively followed by […]
Tuesday, November 3, 2020: The top gainer of the day was Olympia Capital with 9.74 percent at the price of 2.14 shillings per share followed by Eveready East Africa with 7.07 percent at the price of 1.06 shillings per share. The East African Cables and Bamburi Cement gained 6.04 and 5.26 percent at the price […]
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