Thursday, February 29, 2024

Economic Responsibility

How KenGen, Centum Missed A Piece Of Turkana Wind Farm

Kenyan companies shied away from investing in Africa’s largest renewable energy project, Lake Turkana wind power plant, located in northern Kenya, handing foreigners 100 percent ownership. Carlo Van...

Coronavirus: Litmus Test For Kenya’s Industrial Base

By Sachen Gudka Coronavirus is our wake-up call. No one could have predicted its disastrous impact. But that is the nature of disasters; most are...

World Bank Offers Kenya Sh6bn To Fight Coronavirus

The World Bank has offered Kenya $60 million (Sh6 billion) to fight Covid-19 after the country confirmed its first case on Friday and two more cases...

Pwani Oil Cuts Cooking Oil, Soap Prices In Fight Against Coronavirus

Kenyan manufacturer Pwani Oil has reduced the prices of some of its edible oil and soap products so as to encourage consumers to take...

Young Kenyan Farmers To Flourish From Sh5bn Agribusiness Fund

Some 2,400 businesses run by Kenyan women and youth in the agricultural sector will receive funding and training in a Ksh5.1 billion (€44.4 million)...

Coronavirus Dims The Lights For Home Solar Market

Supply of home solar systems is headed for a disruption as the deadly coronavirus takes a toll on China – the world’s largest manufacturer of panels. The...

Geothermal At The Wheel In KenGen’s Growth Drive

Geothermal cemented its top spot among the energy mix generated by Kenya’s largest power producer KenGen, raking in Sh9.3 billion ($90.3 million) in the first half-year to...

Kenya’s Low Demand Pushes Up Deemed Energy Bill

Kenya’s low power consumption amid excess supply pushed up payments for idling green plants by $180 million (Sh18 billion) last year, hurting the bottom-line of retailer...