According to the recently released petroleum prices by ERC, on the 14th of October, the changes in the maximum allowed petroleum pump price is as follows: Super Petrol reduces by KES 9.36 per litre,Diesel increases by KES 2.44 per litre and Kerosene increases by KES 3.49 per litre. According to…

Safaricom unveils fund for innovations Safaricom Foundation, the corporate social investment arm of Safaricom Limited, has launched a Sh50 million fund targeting investors in the social innovation field who may need technical and entrepreneurship support to develop and deploy mobile technology. The fund will empower young…

Airtel Kenya permit expired, operating under Essar licence Airtel Kenya is operating under the licence previously held by Essar, which it bought out last year, as its permit which expired in February is yet to be renewed. The telecommunications firm had until this February to pay…

Levy increase set to push up petroleum prices next month The cost of petroleum is expected to rise sharply beginning mid-August when the energy sector regulator, the ERC, is expected to add Sh6 roads maintenance levy on every litre of petrol sold at the pump. At…

Equity gains 5pc buoyed by demand from local investors Equity Bank stock has this week rallied to gain nearly five per cent at Sh48, as it recovers from a slide to an eight-month low seen last week. Analysts said the counter has been attracting demand this week, more so from local…