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Petrol prices increase by Sh3

The average landed cost of importing a cubic metre of Super Petrol decreased by 0.57% from $491.50 in March 2021 to $488.69 in April 2021.
Landed costs for Diesel decreased by 1.03% from $444.17 per cubic metre to $439.60, while Kerosene increased by 2.01% from $421.90 per cubic meter to $430.40.
“Over the same period, the mean monthly US Dollar to Kenya Shillings exchange rate appreciated by 1.63 per cent from Sh109.63 per dollar in March 2021 to Sh107.84 per dollar in April 2021,” read part of the statement from EPRA.
Following the announcement, Super Petrol will retail at Sh126.37, diesel at Sh107.66, and Kerosene at Sh97.85 per litre in Nairobi.
In Mombasa, Petrol, Diesel, and Kerosene will retail at Sh123.95, Sh105.27, and Sh95.46 per litre respectively. ....

Nairobi Area , Petroleum Regulatory Authority , Super Petrol , Kenya Shillings , Kisumu Petrol , நைரோபி பரப்பளவு , பெட்ரோலியம் ஒழுங்குமுறை அதிகாரம் , அருமை பெட்ரோல் , கேந்ய ஷில்லிங்ஸ் ,

Reprieve for motorists as fuel prices remain unchanged

“In the period under review, the prices of Super petrol, Diesel and Kerosene remain unchanged from the March 2021 pump prices,” a statement from EPRA read in part.
Last month the prices of super petrol, diesel, and kerosene increased by Sh7.63, Sh5.75, and Sh5.41 per litre respectively causing outrage from Kenyans already dealing with food prices.
According to EPRA, the average landed cost of imported super petrol increased by 9.27 per cent from US$449.82 per cubic metre in February to US$491.50 per cubic metre in March.
During the same period, the price of diesel rose by 4.77 per cent from US$ 423.95 per cubic metre to US$444.17 per cubic metre, while kerosene increased by 7.29 per cent from US$393.23 per cubic metre to US$ 421.90 per cubic metre. ....

Nairobi Area , Petroleum Regulatory Authority , Petroleum Cs John Munyes , Kenya Shillings , நைரோபி பரப்பளவு , பெட்ரோலியம் ஒழுங்குமுறை அதிகாரம் , கேந்ய ஷில்லிங்ஸ் ,

Ugandans criticize oil pipeline deal with Tanzania and Total

Ugandans criticize oil pipeline deal with Tanzania and Total
dw.com
2 hrs ago
Isaac Mugabi
Ugandans are making disparaging comments on social media about the multi-billion-dollar oil pipeline deal that the country has signed with Tanzania and Total. The secrecy surrounding it has raised fears of corruption.
© Presidential Press Unit/Uganda
President Samia Suluhu Hassan of Tanzania and President Yoweri Museveni of Uganda
Uganda, Tanzania, and French oil company Total and its investment partner in Uganda, the China National Offshore Oil Corporation (CNOOC) signed a series of agreements on Sunday to build a heated pipeline that will carry crude oil from western Uganda to the Indian Ocean coast. ....

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More pain at the pump as fuel prices increase

More pain at the pump as fuel prices increase
nation.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nation.co.ke Daily Mail and Mail on Sunday newspapers.

Nairobi Area , Petroleum Regulatory Authority , Super Petrol , Kenya Shillings , Kisumu Petrol , நைரோபி பரப்பளவு , பெட்ரோலியம் ஒழுங்குமுறை அதிகாரம் , அருமை பெட்ரோல் , கேந்ய ஷில்லிங்ஸ் ,

Shoprite's Kenyan unit clears Sh1.5bn Stanbic Bank loan

Shoprite’s Kenyan unit clears Sh1.5bn Stanbic Bank loan
Thursday March 11 2021
By PATRICK ALUSHULA
Summary
The Kenyan subsidiary of multinational retailer Shoprite Holdings has cleared the Sh1.5 billion Stanbic Bank Kenya loan as it exits the local market due to losses.
Stanbic Bank Wednesday told the Business Daily that the retailer cleared the unsecured loan last December.
The loan was denominated in Kenya Shillings and attracted an interest rate of 9.7 per cent.
The Kenyan subsidiary of multinational retailer Shoprite Holdings has cleared the Sh1.5 billion Stanbic Bank Kenya loan as it exits the local market due to losses.
Stanbic Bank Wednesday told the Business Daily that the retailer cleared the unsecured loan last December. The loan was denominated in Kenya Shillings and attracted an interest rate of 9.7 per cent. ....

Charles Mudiwa , Pieter Engelbrecht , Stanbic Bank Kenya , Nakumatt Holdings , Shoprite Holdings , Stanbic Bank , High Court , Bank Wednesday , Business Daily , Kenya Shillings , South Africa Based , Westgate Mall , Garden City , City Mall , சார்லஸ் முதிவா , ஸ்டான்பிக் வங்கி கேந்ய , கடை ஹோல்டிங்ஸ் , ஸ்டான்பிக் வங்கி , உயர் நீதிமன்றம் , வங்கி புதன்கிழமை , வணிக தினசரி , கேந்ய ஷில்லிங்ஸ் , வெஸ்ட்கேட் மால் , தோட்டம் நகரம் , நகரம் மால் ,