The Energy and Petroleum Regulatory Authority (Epra) has revised fuel prices in Kenya upwards, effective from 15 June 2025 to 14 July 2025. The maximum price for Super Petrol increased by Ksh 2.69 per litre to Ksh 177.32, while Diesel and Kerosene prices decreased by Ksh 1.95 and Ksh 2.06 per litre, respectively, to Ksh 162.91 and Ksh 146.93 per litre. Landed Cost Trends The average landed cost per cubic metre for Super Petrol rose slightly by 0.35% from USD 588.16 in April 2025 to USD 590.24 in May 2025. In contrast, the landed costs for diesel and kerosene declined…
Author: Muindi
Muindi
Experience working on communication and marketing departments and in the broadcast industry. Interested in sustainable development and international relations issues.
This June, Spotify’s EQUAL Africa program celebrates Njerae, a Kenyan artist whose music blends vulnerability with conviction, offering listeners a soulful, refreshing escape. More than just melodies, her songs are a powerful form of release and healing, born from navigating personal silence amidst social noise. From Quiet Rebellion to Public Gift Njerae’s musical journey began in quiet rebellion. Naturally introverted, she turned to writing to process the world around her. It started with poetry following a national tragedy, evolving into music as she picked up the guitar and gave voice to emotions she couldn’t otherwise express. What began as a…
Glovo, a leading on-demand delivery platform, plans to invest KSh 2 billion in Kenya to drive economic growth. By 2027, the company aims to increase direct and indirect employment by 50% and create 1,200 new job opportunities for Kenyan youth to combat unemployment. This commitment was formalised through a Memorandum of Cooperation signed with Kenya’s Ministry of Labour and Social Protection. The company aims to boost direct and indirect employment by 50% by 2027 and address youth unemployment by creating 1,200 new opportunities for young people. The announcement was made during the signing of a Memorandum of Cooperation with Kenya’s…
The World Bank forecasts sub-Saharan Africa’s economic growth to rise slightly to 3.7% in 2025, up from 3.5% in 2024. This modest acceleration makes the region one of only two globally, alongside the Middle East and North Africa, expected to see growth strengthen this year, according to the Bank’s latest Global Economic Prospects report. However, the Bank cautions that this forecast “assumes the external environment does not deteriorate further, inflation declines as expected, and regional conflicts subside.” Despite the improvement, the projected growth remains below the region’s long-term average and is “insufficient to make substantial progress in reducing extreme poverty.”…
You’ve probably seen it on your store receipt or felt it at the gas pump: Value Added Tax (VAT). Whereas it’s not the most glamorous line item, VAT is a consumption tax levied on the value added to goods and services at each stage of the supply chain, from production to final consumption. This means that VAT is borne by the end consumer, with businesses acting as collection agents who then remit it to the taxman. With this in mind, one would expect an upward trajectory in collection; however, in Kenya, VAT compliance has been a rocky road. For instance,…
Family Bank has strengthened its national presence with the opening of its 96th branch, located at Kilifi Plaza in Kilifi County. This marks the bank’s 9th branch in the coastal region. The new branch offers tailored services, including asset finance, women’s banking, business financing, trade services, loan facilities, and digital banking solutions to enhance customer convenience. “Our focus remains on retail banking. Kilifi’s growing demand for financial services presents a compelling opportunity to support the local business community’s growth,” said Family Bank CEO Nancy Njau. She added, “This expansion reflects our commitment to empowering SMEs and strengthening our position as the…