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Kenya has cancelled a Sh468 billion Nairobi–Mombasa expressway proposal, opting instead to expand and dual the existing A8 highway after an evaluation found the expressway would not provide sufficient value
A report presented to Parliament has laid bare a staggering financial setback for taxpayers—Ksh 4.5 billion is poised to be paid to a Spanish firm after a botched energy transmission deal that never delivered electricity.
A guide to mortgage investing highlights options such as mortgage backed securities, SACCO funds, private partnerships, seller financing and REITs, and advises investors to work with regulated institutions and diversify to manage risks.
The Energy and Petroleum Regulatory Authority (EPRA) has announced a marginal reduction in fuel prices, lowering the cost of super petrol and kerosene by Ksh 1 per litre while keeping diesel prices unchanged.
Agriculture Cabinet Secretary Mutahi Kagwe has cautioned of a severe rice shortage after the High Court temporarily halted the government’s plan to import 500,000 metric tonnes of duty-free rice.
