The petition challenges the increase in Super Petrol and Diesel prices, which has sparked public outrage over the rising cost of living.A petitioner has moved to the High Court seeking urgent conservatory orders to halt the latest fuel price hikes announced by the Energy and Petroleum Regulatory Authority (EPRA), terming the adjustments unconstitutional, punitive to consumers, and lacking transparency.
Category: Economy&Finance
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Japanese Giant Asahi Cleared to Take Over EABL in Ksh296 Billion Deal
The Ksh296.5 billion (US$2.3 billion) acquisition will effectively end Diageo plc’s direct control of EABL.Japanese beverage giant Asahi Group Holdings has cleared a major regulatory hurdle in its planned takeover of East African Breweries PLC after capital markets regulators in Kenya, Uganda, and Tanzania approved the transaction without requiring a mandatory buyout offer to minority shareholders.
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Matatu Operators Hike Fares By 50%, Announce Strike On Monday Over High Fuel Prices
The revised fares are expected to take effect immediately across Nairobi and other towns.Commuters across the country are set to dig deeper into their pockets after Public Service Vehicle (PSV) operators announced a 50 per cent fare increase following the latest fuel price hike by the Energy and Petroleum Regulatory Authority (EPRA).
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Inside New Shell Mega Station in Nairobi Offering Dining, Shopping & Car Services Under One Roof
The launch of Shell Dennis Pritt service station, along Dennis Pritt Road in Nairobi’s Kilimani estate, is a showcase of future service stations by the firmVivo Energy Kenya, the company that distributes and markets Shell products and services in the country, has unveiled a model motorist’s destination service station as part of its ongoing retail network development strategy.
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Inside New Shell Mega Station in Nairobi Offering Dining, Shopping & Car Services Under One Roof
The launch of Shell Dennis Pritt service station, along Dennis Pritt Road in Nairobi’s Kilimani estate, is a showcase of future service stations by the firmVivo Energy Kenya, the company that distributes and markets Shell products and services in the country, has unveiled a model motorist’s destination service station as part of its ongoing retail network development strategy.
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Kenya Tells Elon Musk’s X To Set Up Offices, Gives Deadline
Kabogo revealed that the government had granted X temporary approval licences to continue operating in Kenya, but tied the approval to a strict conditionInformation, Communication, and Technology (ICT) Cabinet Secretary William Kabogo has disclosed that billionaire entrepreneur Elon Musk will be required to establish local offices for X (formerly Twitter) in Kenya within the next three months as the government moves to tighten regulation of international social media platforms operating in the country.