Energy and Petroleum Cabinet Secretary Opiyo Wandayi addresing the press in Kisumu/photo by Fredrick Odiero

Kenya presses on in building nuclear plant in Siaya; CS Wandayi reveals

Energy and Petroleum Cabinet Secretary Opiyo Wandayi has revealed that Kenya is pressing ahead with plans to build its first nuclear power plant in Siaya County. Speaking to the Senate Committee on Energy sitting in Kisumu, Wandayi said the move is part of a strategy to boost energy access and secure a long-term supply. He…

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Energy and Petroleum Cabinet Secretary Opiyo Wandayi. /Photo courtesy

Wandayi: KPC sale won’t raise fuel prices

Energy and Petroleum Cabinet Secretary Opiyo Wandayi has downplayed concerns that the partial divestment of Kenya Pipeline Company (KPC) could lead to fuel price hike. Speaking before the National Assembly as they examined Sessional Paper No. 2 on KPC’s planned privatization, Wandayi emphasized that existing regulatory frameworks remain intact. “We believe privatization of the company…

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Treasury CS John Mbadi/photo file

Treasury fast-tracks KPC stake sale to raise Ksh100 billion amid budget crisis

The National Treasury has accelerated plans to sell a majority stake in Kenya Pipeline Company (KPC) as it seeks to raise Ksh100 billion to ease mounting financial pressure. The move comes as the government struggles to access funds from development partners and development finance institutions, prompting a shift toward privatization of profitable state corporations. Under…

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