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State sets aside Sh25bn to settle fuel subsidy arrears

The government has set aside Sh25.2 billion to settle the controversial fuel subsidy debt owed to oil marketers. ....

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Vivo takes dollar loans amid forex shortage

Oil marketer Vivo Energy Kenya took up dollar loans last year as a hedge against forex shortages and a deteriorating exchange rate that left importers struggling to find hard currency to fulfil. ....

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State owes ViVo Energy Sh21 billion fuel subsidy

The government’s debt to Vivo Energy Kenya under the fuel stabilisation scheme jumped to Sh21 billion. ....

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