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Tough times as dollar shortage push up commodities prices

Electricity consumers now pay more than double the amount they paid a year ago for forex charges.

Sammy karanjaSmall traders association of kenyaSmall traders associationWeakened shillingUs dollarKenyan economyHigh cost of livingExpensive power billsKenya association of manufacturersCentral bank of kenya

More pain for Kenyans as shilling at new record low

Households, taxpayers staring at expensive budgets, and higher foreign debt repayments.

Central bankCentral bank of kenyaKenyan shillingUs dollarWeakened shillingDebt serviceFood imports

Consumers face rise in cooking gas prices on high global costs

Consumer prices of cooking gas may climb by as much as Sh403 for a 13-kilogramme cylinder.

Cooking gasCooking gas pricesWeakened shillingGlobal costsLiquefied petroleum gasLake oil groupValue added taxKenya national bureau of statisticsEnergy and petroleum regulatory authorityKenya pipeline companyKenya petroleum refineries ltdFuel costs

Profit warnings return as firms struggle with costs, competition

Kenya’s economy slowed down its growth by 5.8 percentage points in the quarter to June.

Profit alertsEconomic slowdownWeakened shillingGross domestic productCapital markets authorityNairobi securities exchange

Electricity consumption drops on higher prices

Customers feel heat after end of soothing subsidies that were becoming a norm

Electricity consumptionEnergy and petroleum regulatory authorityFuel subsidyWeakened shillingForeign exchange fluctuation adjustment

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