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Oil marketers in Kenya under fire over hoarding fuel stocks in anticipation of price increase
By Kepha Muiruri,
1444, June 10, 2020 (EAT)
Oil Marketing companies (OMCs) are once again on the spot as they now hold back stocks of fuel in anticipation of a price increase in the next maximum...
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Tullow Oil completes early oil pilot as contract expires
By Kepha Muiruri,
1217, June 2, 2020 (EAT)
British based oil explorer Tullow Oil along with its joint venture partners have announced the completion of the Early Oil Pilot Scheme (EOPS) for Ken...
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OIMEKE: Incorporate health education in school system to prevent future pandemics
By Guest Writer,
1234, May 16, 2020 (EAT)
There is no doubt that Covid-19 has now become the world’s most challenging political and socio-economic crisis since the second World War. In Ke...
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Oil marketers conspire to raise fuel prices as Kenyans brace for tough times ahead
By Kepha Muiruri,
1611, May 12, 2020 (EAT)
Oil marketers have made an attempt to manoeuvre existing marketing rules to retain higher fuel costs to Kenyans this month, denying relief to consumer...
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Treasury to lose Ksh.128B in revenue following Covid-19 tax relief measures
By Kepha Muiruri,
1225, April 27, 2020 (EAT)
The National Treasury will miss out on most of the Ksh.127.8 billion in intended savings from the 2020, Tax Laws (Ammendments) Bill after Parliament...
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KRA pays out Ksh.255 million in VAT refund to titanium firm Base
By Kepha Muiruri,
1216, April 18, 2020 (EAT)
The Kenya Revenue Authority (KRA) has paid out a further Ksh.254.9 million in VAT refund claims to Kwale based titanium firm Base Titanium. The pay...
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Tullow: There’s enough oil in Kenya, no plans to exit
By Kepha Muiruri,
1351, March 12, 2020 (EAT)
British based oil explorer Tullow Oil has defended its operations in the country insisting there remains enough oil reserves in the country and that P...
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Kiunjuri out! President Uhuru Kenyatta reshuffles Cabinet
By Citizen Reporter,
1325, January 14, 2020 (EAT)
Mwangi Kiunjuri has been dropped as Agriculture Cabinet Secretary. President Uhuru Kenyatta announced the new raft of changes on Tuesday morning. ...
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Kamar appointed to State parastatal Board as Yatani gets two posts
By Citizen Reporter,
1116, November 15, 2019 (EAT)
Uasin Gishu Senator Margaret Kamar is among three appointees to the Board of National Fund for Disabled of Kenya. In a gazette notice dated Novembe...
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Munyes names new Acting National Oil MD, reverses Nyamongo appointment
By Kepha Muiruri,
858, October 22, 2019 (EAT)
Petroleum and Mining Cabinet Secretary John Munyes has appointed George Kubai as the interim Managing Director to the National Oil Corporation of Keny...
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Questions emerge over how Chinese firm won tender for Kenyan oil
By Paul Ombati,
1020, September 19, 2019 (EAT)
On August 1, 2019, Kenya exported its first 200,000 barrels of crude oil at a price of Ksh.1.2 billion ($12million). The sale has however left unan...
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Gov’t silent on revenue sharing deal with Turkana oil partners
By Kepha Muiruri,
1927, August 20, 2019 (EAT)
The Ministry of Petroleum has brushed aside questions regarding its revenue sharing agreement with its oil exploration partners among them Tullow. ...
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Kenya’s crude oil at top-end market valuation
By Kepha Muiruri,
1122, August 3, 2019 (EAT)
Kenya’s commercial oil prospects have received a boost from the recent pricing of the first batch of crude oil at an optimal Ksh.6,216 ($60) per bar...
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Three bombs kill 15 in Afghan capital as U.S. general visits
By Reuters,
2220, July 25, 2019 (EAT)
Three bombs rocked the Afghan capital of Kabul on Thursday, killing at least 15 people, officials said, as the chairman of the U.S. Joint Chiefs of St...
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Questions over Uhuru’s next move after Rotich charged
By Rachel Ombaka,
1612, July 24, 2019 (EAT)
A substantive appointment is in the offing at Treasury with President Uhuru Kenyatta forced to play the hand he is dealt with following the arraignmen...
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Rising food, fuel prices push June inflation rate to 5.7pc
By Kepha Muiruri,
1759, June 29, 2019 (EAT)
The Kenya National Bureau of Statistics (KNBS) has quoted the end month inflation rate at 5.7 percent to indicate a 0.2 percent upward adjustment to c...
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Kiboko oil probe: KPC lost 551,000 litres of fuel
By Chemutai Goin,
900, June 20, 2019 (EAT)
The Kenya Pipeline Company (KPC) may be forced to pay oil marketers over Ksh.60 million as compensation for the over 500,000 litres of fuel lost in th...
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Budget 2019: Treasury misses the mark, no relief for Kenyans
By Kepha Muiruri,
2020, June 13, 2019 (EAT)
Treasury CS Henry Rotich's presentation on the financing of the 2019/20 budget estimated at Ksh.3.02 trillion has missed its mark in providing any sub...
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Rotich to table Ksh.3T budget amidst discontent over Kenya’s growing debt
By Kepha Muiruri,
1438, June 13, 2019 (EAT)
Treasury CS Henry Rotich is expected to table the State’s Ksh.3.02trillion budget projections on Thursday afternoon. He will be bringing the gove...
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IFMIS safe and secure, says gov’t after 18 websites reported hacked
By Benjamin Muriuki,
2211, June 3, 2019 (EAT)
The government's Integrated Financial Management Information System (IFMIS) is safe and secure, Government spokesperson Col. Cyrus Oguna said on Monda...
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