Trade CS Kuria appoints June Chepkemei Acting MD of KenInvest

The Public Investment Committee has raised alarm over what it terms a grand "Stamp Gate" scandal involving Sh160 billion at the Kenya Revenue Authority (KRA).

The average cost of a unit of electricity across all consumer categories including the commercial and industrial will increase to Sh19.04 from Sh16.95.

In the application, Kenya Power has proposed increasing the power costs for consumers in the subsidised band to Sh14 per unit from Sh7.7 under the tariff that Epra published in January 2022.

It was a bold decision by the government to recover the lost time after nine months of closure as Covid-19 raged. It’s one of Prof George Magoha’s lasting legacies.

Separate reports by three institutions forecasting the economy’s performance paint an image of uncertainty, with a possibility of growth if the macroeconomic indicators improve or stabilise.