Industries To Benefit From Dedicated Power Lines In Kenya
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- Category: Industrial & Machinery
- Published on Saturday, 17 May 2014 04:02
- Written by Super User
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Kenya has promised the top 200 industrial power consumers dedicated direct lines to alleviate frequent power outages, which has led to losses in millions of dollars for manufacturers in the East African country.
“We want to give you better base load power – power which is available at all times,” said Davis Chirchir, Cabinet Secretary for Energy and Petroleum at an investors’ forum organized by Kenya Association of Manufacturers (KAM) and sponsored by Kenya Power Ltd.
Chirchir noted that the country’s expensive power was running industries aground.
He therefore promised more reliable and cheaper power, with Geothermal power expected to add 100MW to the national grid at the end of 2015. It is part of the planned 5,000 MW projected to be generated from geothermal sources.
“Manufacturing has been contributing to GDP growth at around 13 percent but in recent times this has gone down to 8.9 percent and the absence of the expansion in the sector has been constrained by energy,” said Ms. Betty Maina, CEO of the KAM.
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Kenya targets more royalties from mining firms
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- Category: Industrial & Machinery
- Published on Friday, 16 August 2013 06:54
- Written by Super User
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The government has raised royalties on minerals extracted in Kenya as it moves to safeguard the country's interest in the lucrative mining sector.
The royalty rates on the valuable rare earth, niobium and titanium ores will rise to 10 per cent of gross sales for each of the
China keen on redefining bilateral ties with Kenya
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- Category: Industrial & Machinery
- Published on Monday, 22 July 2013 05:01
- Written by Super User
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President Uhuru Kenyatta on Friday met and held talks with Chinese Ambassodor Liu Guangyuan who paid him a courtesy call at State house Nairobi.
 During the meeting, President Uhuru and the Chinese Ambassador discussed a wide range of areas in which Kenya and China could
Read more: China keen on redefining bilateral ties with Kenya
It’s time to make Kenya regional industrial hub
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- Category: Industrial & Machinery
- Published on Monday, 22 July 2013 04:50
- Written by Super User
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Kenya’s industrial sector has been in the news for the right reason recently; thanks to State initiatives to jump-start a sector that has remained stagnant over the past decade.
The latest is the Treasury’s move to change procurement laws to reserve the government’s
Read more: It’s time to make Kenya regional industrial hub