Macharia Kamau

Kiambu

Writer at The Standard (Kenya)

Writer, Standard

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Articles

Kenya eyes green hydrogen to deepen renewable energy usage

18 hours ago | standardmedia.co.ke | Macharia Kamau

Left: Sebastian Groth, Ambassador of the Federal Republic of Germany to Kenya, Jennifer Morgan, State Secretary and Special Envoy for International ClimateAction, the German Federal Foreign Office, Daniel Kiptoo, Director General, Energy and Petroleum Regulatory Authority, Davis Chirchir, Cabinet Secretary, Energy & amp;Petroleum and Alex Wachira, Principal Secretary, Ministry of Energy & Petroleum, State Department of Energy during the launch of the guidelines on Green Hydrogen and its...
Epra leaves pump prices unchanged, slashes subsidy

23 hours ago | standardmedia.co.ke | Macharia Kamau

A PSV vehicle being fueled at a petrol station along Kenyatta Avenue in Nairobi. [Wilberforce Okwiri, Standard]The Energy and Petroleum Regulatory Authority (Epra) has retained fuel prices at the same level for the second month in a row. This will mean the retail price of super petrol will remain at Sh174.63 per litre in Nairobi. Diesel will continue retailing at Sh164.86 per litre while kerosene will retail at Sh148.99 per litre.
Finance Bill: MPs open public participation window

1 day ago | standardmedia.co.ke | Macharia Kamau

Kimani Kuria - Chairperson, Parliamentary Committee on Finance and National Planning speaking during a public dialogue on the Post-Tax Amendment Laws Analysis Forum in Nairobi. [File,Standard]The National Assembly has opened a window for Kenyans to give their views on the Finance Bill 2025.
KCB more than doubles green loans as race for climate finance hots up

4 days ago | standardmedia.co.ke | Macharia Kamau

KCB advanced Sh53.2 billion in 2024 to different customers undertaking diverse projects, up from Sh22.1 billion in 2023. [File, Standard]KCB Group more than doubled green loans disbursed in 2024, emerging among the front runners in the race among banks to green up their loan portfolios. The lender advanced Sh53.2 billion in the period to December 2024 to different customers undertaking diverse projects, up from Sh22.1 billion in 2023, a growth of 140 per cent.
Reduced incomes, cash-starved private sector strain economy

4 days ago | standardmedia.co.ke | Macharia Kamau

Kenyans are grappling with reduced disposable income as increased statutory deductions and higher taxes—both direct and indirect—weaken their spending power. Get Trusted News for Only Ksh99 a WeekSubscribe Today & Save!Get StartedUnlimited access to all premium contentUninterrupted ad-free browsing experienceMobile-optimized reading experienceWeekly Newsletters
Safaricom profit jumps 7.2pc as total earnings now hit Sh388.7b

5 days ago | standardmedia.co.ke | Macharia Kamau

From Left: Safaricom PLC Chief Finance Officer- Dilip Pal, Board Chairman Adil Khawaja, Safaricom CEO Dr. Peter Ndegwa and Safaricom Telecommunications Ethiopia (CEO) Wim Vanhelleputte during release of Safaricom 2024/25 Full Year Results at Michael Joseph Centre in Nairobi. [Wilberforce Okwiri,Standard]Safaricom posted an overall 7.27 per cent growth in profit after tax for the year to March 31, 2025, to Sh45.76 billion, up from Sh42.7 billion previously.
Motor industry registers drop as cash strapped businesses, households stay away

6 days ago | standardmedia.co.ke | Macharia Kamau

Boda boda operators wait for giveaways and fuel happy hour session during the launch of Galana energy service station at Kithini market in Machakos County on December 3, 2024. [John Muia, Standard]The motor vehicle industry registered a major decline last year as many households and businesses froze acquisitions owing to a mix of factors.
How Finance Bill 2025 risks hiking Kenya's clean energy costs

1 week ago | standardmedia.co.ke | Macharia Kamau

President William Ruto presents the Supplementary Appropriation Bill (National Assembly Bill No. 8 2025) to National Assembly Speaker Moses Wetangula after asssenting to it at State House, Nairobi. Looking on is National Assembly Majority Leader Kimani Ichung'wah. PHOTO HIRAM OMONDI/PCS. 18/3/2025.
Ruto's 'no-tax Finance Bill' to raise cost of affordable housing project

1 week ago | standardmedia.co.ke | Macharia Kamau

President William Ruto interacts with construction workers during the inspection of the ongoing construction of the 4,566-unit Shauri Moyo B Affordable Housing Project in Kamukunji Constituency, Nairobi, in March this year. [PCS]President William Ruto’s “no-taxes Finance Bill" has hit one of his pet projects after it proposed to remove tax exemptions on materials used for the construction of affordable houses.
State to revive Nairobi financial hub plan after stuttering start

1 week ago | standardmedia.co.ke | Macharia Kamau

The Finance Bill 2025 has proposed to increase to 20 years the time that some of the firms running under the innovation hub will pay lower corporate taxes. [File, Standard]The government is seeking to attract global financial services sector players to the Nairobi International Financial Centre (NIFC) by offering more incentives as it seeks to accelerate the take-off of the innovation hub.