Top State officials face a dilemma of how to honour the promise of cutting fuel prices today despite the sharp rise in crude prices and exhaustion of cash for the monthly fuel subsidy. Fuel prices will from midnight increase to the highest level in Kenya’s history unless the Treasury ...
Fuel prices in Nairobi are retailing at Sh176.58 per litre of petrol, while diesel and kerosene are selling at Sh167.06 and Sh151.39 per litre respectively. Fuel prices have a major impact on inflation in Kenya, which relies heavily on diesel for transport, power generation and agricul...
Today, our team celebrated another milestone, with our clean fuel and carbon platform now reaching over 400,000 household subscribers in Kenya. Uptake of the KOKO Fuel solution has grown especially fast so far this year, with consumers responding well to this extremely affordable and safe modern ...
“Fuel is the basis of production” and higher fuel costs will drag up the prices of everything that is manufactured. Zambia defaulted on its debt in 2020, as it struggled under a burden worth 120% of GDP. Finance minister Situm Understand Africa's tomorrow... today Get full access to...
The Government of Kenya recently passed one recommendation of the Masterplan, exempting ethanol cooking fuel from VAT in the 2021/22 Finance Act, in order to enable lower consumer prices and accelerate the switch from deforestation-based charcoal. KOKO's mission is to imagine and deliver ...
Another non-standard preference is loss aversion, which has been posited as a reason why positive net-present-value investments might be willingly foregone: If consumers are loss averse, and future energy prices are uncertain, they may weigh the potential negative payoffs heavily enough to be ...
in sub-Saharan Africa. Wells said that they are afraid of the economic consequences of COVID-19, which will hit these people – the most vulnerable of the urban poor – the hardest. "As they have few financial reserves to fall back on, if any, and prices of staple goods ...
HVO requires a modest upfront capital investment but production cost is highly dependent on vegetable oil feedstock prices, which can make up to 60%–75% of the final product price. Lignocellulosic FT and HPO biofuels have relatively low raw material cost, but more expensive processes, requiring...
biodiesel fuel. There was no mention of cats, however. The whole dead-cat angle was apparently invented by a ghoulish, but creative reporter. Koch's KDV 500 device can supposedly turn trash into gas at a steep discount compared to prices at the pump [source:Deutsche Welle]. ...
The rise in local pump prices once again put the government’s taxation policy on the spot, given that globally, crude prices have been dropping and closed the year at $79.88 a barrel compared to $80 per barrel in January. Kenya has one of the highest taxation rates on fuel in...