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HomeDaily NewsMonday, April 27, 2026KETRACO pays Sh3.9mn land compensation after Ombudsman action - April 2026
Business & Economy3 stories from 1 sources

KETRACO pays Sh3.9mn land compensation after Ombudsman action - April 2026

Electricity consumers in Kenya will face higher power bills starting in April 2026 due to three new charges introduced by the Energy and Petroleum Regulatory Authority. Separately, Equity Bank has been recognized as the Overall Best Bank in Kenya at the 2026 Think Business Banking Awards, distinguishing itself across multiple categories. Additionally, following intervention by the Commission on Administrative Justice, Kenya Electricity Transmission Company Limited has settled a Sh3.9 million land compensation claim, resolving a long-standing dispute for land compulsorily acquired for a major power transmission project. The three stories reflect ongoing developments in Kenya's economic landscape involving regulatory changes and institutional recognition.

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CCapital BusinessFirst

News Coverage

Monday 8:13 AMCapital Business

Electricity prices to rise from April as EPRA introduces new charges

Electricity prices to rise from April as EPRA introduces new charges

Electricity consumers in Kenya will face higher power bills starting in April 2026 due to three new charges introduced by the Energy and Petroleum Regulatory Authority (EPRA).

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Key Highlights

Electricity consumers in Kenya will face higher power bills starting in April 2026 due to three new charges introduced by the Energy and Petroleum Regulatory Authority (EPRA).

  • The new charges include a Foreign Exchange Fluctuation Adjustment (adding 123.41 cents/kWh), a Water Resource levy (1.54 cents/kWh), and a significant Fuel Energy Cost Charge (347 cents/kWh).
  • The adjustments were announced in a Gazette Notice and are deemed necessary by EPRA Acting Director-General Joseph Oketch to reflect true generation and supply costs.
  • Consumers in off-grid and remote areas, particularly those relying on diesel generators, are expected to bear the brunt of the increases, with regions like Turkana County and Lamu County facing higher costs.
Sunday 9:44 PMCapital BusinessFirst

Equity Bank named Kenya’s Best Bank

Equity Bank named Kenya’s Best Bank

Equity Bank has been recognized as the Overall Best Bank in Kenya at the 2026 Think Business Banking Awards, distinguishing itself across multiple categories.

Read Story

Key Highlights

Equity Bank has been recognized as the Overall Best Bank in Kenya at the 2026 Think Business Banking Awards, distinguishing itself across multiple categories.

  • The bank topped 10 categories and ranked second in two others.
  • Equity Bank, along with its Group Managing Director and CEO, James Mwangi, who was named CEO of the Year.
  • The awards evaluated banks on financial strength, innovation, governance, and customer focus, with Equity Bank excelling in retail banking, product innovation, and more.
Monday 12:00 PMCapital Business

KETRACO clears Sh3.9mn land compensation after Ombudsman intervention

KETRACO clears Sh3.9mn land compensation after Ombudsman intervention

Following intervention by the Commission on Administrative Justice, Kenya Electricity Transmission Company Limited (KETRACO) has settled a Sh3.9 million land compensation claim. The payment resolves a long-standing dispute for land compulsorily acquired for a major power transmission project.

Read Story

Key Highlights

Following intervention by the Commission on Administrative Justice, Kenya Electricity Transmission Company Limited (KETRACO) has settled a Sh3.9 million land compensation claim. The payment resolves a long-standing dispute for land compulsorily acquired for a major power transmission project.

  • Amount paid: Sh3.9 million
  • Organization involved: KETRACO, Commission on Administrative Justice
  • Reason for intervention: Delays in compensation for 1.78 acres of land for the Olkaria–Lessos–Kisumu transmission line.
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