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State goes after electric cars as road levy funding dims

The adoption of electric vehicles might fuel the development of more toll roads as the government agonises over a new source of revenue to replace the Road Maintenance Levy Fund.
By Graham Kajilwa 5d ago
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CBK faces a high-stakes decision on interest rates on Tuesday, caught between a cooling economy, a massive government borrowing plan, and mounting pressure to deliver affordable credit.
By Alexander Chagema 5d ago
After months of operational turbulence, Kenya Airways has revealed that all grounded aircraft will be back in the skies by June 2026, marking a major recovery push after months of disruption.
By Macharia Kamau 1w ago
So far, the economic prospects in terms of growth seem to favour Uganda and Tanzania compared to Kenya majorly because of natural gas and oil exploration.
By Graham Kajilwa 2w ago
Despite huge renewable potential, Africa’s grid infrastructure is characterised by under investment, fragmentation, and technical difficulties, leaving millions without dependable electricity.
By James Wanzala 2w ago
The proposals are aimed at de-risking investment in a sector the government says can no longer rely solely on public financing to meet future power needs.
By Macharia Kamau 2w ago
The Kenya Pipeline Company could be compelled to pump billions of shillings towards converting its storage tanks in Mombasa to handle crude oil from the Lokichar oil fields for export.
By Macharia Kamau 3w ago
The new ALP Reit is the first industrial Income Reit (I-Reit) in East Africa, pioneering the use of the tax-efficient instrument in Kenya’s industrial real estate sector.
By Graham Kajilwa 3w ago
Kenya played the US and China against each other last week, announcing it had secured pivotal trade concessions within a critical 48-hour window to protect its exports and unlock new markets.
By Brian Ngugi 3w ago
Kenya Re has proposed the restructuring of its governance framework in a move to lock out political appointees from its board, even as the board gets full powers to fire and hire the MD.
By Macharia Kamau 3w ago
Over 20,000 Kenyan motorists, mostly in Nairobi, have ditched the petrol pump for the LPG nozzle, lured by a 50 per cent saving on fuel costs.
By Macharia Kamau 3w ago
The insurance firm stated that the vehicle was used for commercial purposes and that by the time the owner was insuring it, he had no valid license, as he was only trained to drive a motorcycle.
By Kamau Muthoni 1mo ago
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