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Weak shilling erodes Vivo Energy sales

Weak shilling erodes Vivo Energy sales
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Fuel dealers in deal to convert Sh45bn subsidy arrears into bond

Oil marketers have presented a proposal to the Treasury for the conversion of fuel subsidy arrears into bonds.
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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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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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