In the latest review by Energy and Petroleum Regulatory Authority (EPRA), prices of diesel and kerosene declined marginally by KSh.088 and KSh2.31 per litre. However, the petrol price increased by KSh0.29. This means consumers in Nairobi will pay KSh103.88, KSh101.97 and Ksh 115.39 per litre for diesel, kerosene, and petrol respectively which will be in force from 15th July to 14th August 2019. The changes are attributed t average landed cost of imported super petrol decreasing by 1.83% from $538.08 per cubic metre in may to $528.26 in June. Diesel decreased by 3. 07% to $519.39 from $535.84 while kerosene…
Author: Khusoko
Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
Online sports betting companies in Kenya are crying foul after their customers were denied access to place their bets following the suspension of paybill numbers. This was after Kenya’s Betting Control and Licensing Board ordered the withdrawal of betting codes for 27 gambling companies whose licenses had not been renewed. “The licenses of operators were not renewed for the period July 1, 2019, to June 30, 2020,” stated the Betting Control and Licensing Board. “This is to request you, as the communications sector regulator, to duly withdraw the content service provider licences issued to the firms.” Those who tried to…
Retailer Tusker Mattresses has announced a two-day exclusive foodstuff mega sale dubbed ‘Tuskys Big Five’ to appreciate its shoppers for their continued support. This will precede its annual sale which begins from 20th July to 10th September 2018 where shoppers will find fabulous deals with discounts of 40% -50% off a wide array of select items. Tusker Mattresses Group CEO Dan Githua said the customer reward programme this weekend- organized in conjunction with the firm’s- suppliers, will cover a range of food items including cooking oils, rice, wheat, and maize flour, as well meat products. https://twitter.com/TuskysOfficial/status/1149369108183601153 “These five food items…
Almaz Negash, the Executive Director African Diaspora Network, has been selected to receive the 2019 Trade with Africa – Diaspora Leader of the Year award. Negash is a social entrepreneur who believes in the power of individuals to gain economic self-sufficiency through social enterprise development and employment. “This is in recognition of her distinguished leadership and contribution within the African Diaspora community and beyond,” said Toyin Umesiri, CEO Nazaru LLC and Founder of the Trade with Africa Business Summit. In response to being selected, Negash said, “It is an honor and I appreciate the opportunity to receive the award as…
Members of the Public have been invited to present their views on the Data Protection Bill, 2019. The bill seeks to provide for protection of personal information and hereby give effect to the constitutional right of a person not to have information relating to their family or private affairs unnecessarily required or revealed as enshrined in Article 31 of the Constitution of Kenya and Article 17 of the 1948 Universal Declaration of Human Rights; which Kenya is among the more than 160 signatories. Some of the proposals in the bill include the establishment of the Office of the Data Protection…
Three students from Kenyatta University (KU) and Jomo Kenyatta University of Agriculture and Technology (JKUAT) universities are the winners of this year’s #MyLittleBigThing SDG’s Innovation Challenge. Stephen Muchiri, a graduand from JKUAT emerged the overall winner with his Auto-Alcoblow, alcohol detection and monitoring system. The system measures blood alcohol levels by analyzing a driver’s breath and prevents ignition of a car engine by an intoxicated driver. It also switches off the vehicle in the event that a driver begins consuming alcohol while driving. In second place was Ruth Wanjiru, a 22-year old student in her fourth year at JKUAT, whose…