PRIME Blow as AfDB exits Nairobi waste power plant project on delays The lender cites “problematic sponsor (the company), breakdown in professional relationship and trust between the sponsor and the bank.”
Contracts for new Sh12bn power hub to be ready in June The contracts for the construction of a new national electricity dispatch hub to be managed by the Kenya Electricity Transmission Company (Ketraco) will be ready this month for approval by...
Developers top up Sh45.3bn loans on costly raw materials Expensive imported construction materials saw property developers go back to the banks for Sh45.3 billion top-ups last year, pushing the growth in loans advanced to the sector to a five-year...
PRIME Locals beat Chinese firms in Sh8.9bn last mile power deals The Last Mile project entered the fourth phase last week with the signing of the deals at State House, with an estimated 280,000 homes set to be connected.
PRIME New IPPs hit with 12pc tariff cut The energy regulator has slashed the maximum prices per unit of power at which new power plants can sell electricity to Kenya Power, in the latest push to lower the cost of...
Ketraco completes Sh1.5bn Kitale power line next month The completion of the project comes after a delay of nine years.
PRIME Kenya Power to offer consumers free tokens after blackouts Currently, Kenya Power offers compensation for injuries or damaged assets but does not compensate for financial losses resulting from hiccups such as blackouts.
Car & General eyes Coast with Sh800 million mall in Shanzu The Nairobi Securities Exchange-listed firm plans to construct the mall on four acres, with the construction slated to begin next year and be completed by 2026.
Heavy rains force Nyanza Golf Course designers back to drawing board Water at times takes months to recede into Lake Victoria, prompting a redesign of the course.
PRIME Once a giant, manufacturing now trails financial sector in Kenya GDP share In the 1980s, manufacturing in Kenya was such a big deal that the government of Daniel arap Moi dared to join the league of automakers.
Del Monte to make biofertilisers from June Fruit processor Del Monte has launched a fertiliser plant that will turn the company’s pineapple residues into biofertilisers.
Portland Cement reopens factory after Sh400m upgrade Critical components used in cement production processes such as bag filters and refractory bricks were replaced during the upgrade.
Watu Africa, US firm in security deal for boda boda owners The partnership will provide added protection to boda boda owners in the event of theft.
Landlords to reserve special slots for electric car chargers in new law Owners of malls, factories, gated communities, and apartments will be required to reserve at least five percent of their parking space for charging electric vehicles.
How Narendra Raval quietly secured exclusive iron ore deal in Uganda Raval is now eyeing the virgin production of steel, the first in Kenya and one of the few in the continent.
Keroche, 23 distillers risk losing licences Only two out of 29 distillers and manufacturers of second-generation alcohol have passed the vetting process.
Draft rules now introduce new permit classes for electricians Electricians will pay an application fee of Sh1,000 for each of the licences.
Nightclubs now edging out Industrial Area factories Kenya’s manufacturing sector is a graveyard, on Baricho Road Kenyans have literally been dancing on some of its graves.
Kenya Power seeks nod to charge consumers in US dollars Kenya Power is setting up accounts to enable the collection of electricity bills in US dollars, euros and Sterling pounds from customers.
Dairy board impounds Sh36m illicit milk powder In a statement, the Board said the confiscated goods include a consignment of 655 25-kilogramme bags of full cream spray dried milk powder.
Power imports nearly triple on biting drought Official data shows that Kenya Power imported 779.1 million kilowatt-hours (kWh) in the review period, a jump of 170 percent from 288.2 million kWh in the same period last year.
Salt firms face trouble in Kilifi land lease row Salt companies operating in Kilifi have been dealt a major blow after the county government declined to renew their land leases.
Nairobi to host Africa energy forum next month Kenya will next month host renewable energy players, banks and regulators from across the world at a forum seeking to drive the generation of wind power.
Boeing's 747, the original jumbo jet, prepares for final send-off Boeing's 747, the original and arguably most aesthetic "Jumbo Jet", revolutionized air travel only to see its more than five-decade reign as "Queen of the Skies" ended by more efficient twinjet...
BasiGo partners with AVA to assemble 1,000 electric buses AVA will assemble 33-seater buses as BasiGo seeks to phase out 25-seater buses used in its pilot project.