The cost per litre of petrol and diesel have gone up by Sh2.38 and Sh3.11 due to higher crude costs last month, the Energy Regulatory Commission (ERC) has announced in its latest price review.
The state yesterday issued a notice to borrow Sh50 billion domestically to fund infrastructure projects in 2018-19 budget amid slow uptake of long term debt by investors.
Scepticism continues to greet plans to revive public sugar mills, though the government has named a task force to find ways of healing the ailing sub-sector.
Telecommunications company Telkom Kenya has appointed Mugo Kibati as its new chief executive officer, taking over from Mr Aldo Mareuse who has led the company since mid-2016.
Safaricom #ticker:SCOM has called for an increase of the daily mobile money transaction ceiling of Sh140,000, citing growing adoption of e-commerce in the country.
Lunch at Macharia Mirara’s house in the village of Makomboki used to be a cheery occasion as his children chattered about their morning at school. But these days, no one is home.
