The Energy and Petroleum Regulatory Authority (EPRA) announced on Tuesday that fuel prices for the April–May cycle will see significant increases nationwide, driven by rising global oil costs.In a statement, EPRA confirmed, “We have calculated the maximum retail prices of petroleum products, effective from April 15, 2026, to May 14,
Tag: Kenya economy news
CBK Cuts Key Interest Rate to 9%
The Central Bank of Kenya (CBK) has reduced its key interest rate, the Central Bank Rate (CBR), by 0.25 percentage points, setting it at 9.00 percent, down from 9.25 percent. This adjustment signals ongoing confidence in Kenya's economic stability, supported by a firm national currency and positive projections for