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HomeDaily NewsWednesday, April 29, 2026Kenya Inflation Rises to 5.6pc in April on Fuel, Transport Costs - April 2026
Business & Economy4 stories from 1 sources

Kenya Inflation Rises to 5.6pc in April on Fuel, Transport Costs - April 2026

Kenya's annual inflation rate climbed to 5.6% in April, up from 4.4% in March, primarily driven by increased costs in fuel and transport sectors. The Kenya Revenue Authority is demanding Sh23.1 billion in taxes from Tullow Oil following its 2025 sale of Kenyan business to Auron Energy E&P Limited. Separately, One Petroleum Ltd is blaming the Kenyan government for a scandal involving contaminated fuel, claiming they supplied the emergency cargo based on instructions from the Ministry of Energy. Meanwhile, Nairobi's upscale suburbs, particularly Lavington and Spring Valley, experienced significant house price growth in Q1 2026 due to limited housing supply, though some apartment areas saw declines from increased supply.

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Wednesday 5:34 PMCapital Business

Kenya inflation rises to 5.6pc in April on fuel, transport costs

Kenya inflation rises to 5.6pc in April on fuel, transport costs

Kenya's annual inflation rate climbed to 5.6% in April, up from 4.4% in March. This rise was primarily driven by increased costs in key sectors.

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Key Highlights

Kenya's annual inflation rate climbed to 5.6% in April, up from 4.4% in March. This rise was primarily driven by increased costs in key sectors.

  • The annual inflation rate reached 5.6% in April.
  • The Kenya National Bureau of Statistics (KNBS) reported the increase.
  • Higher prices for food (up 8.8%), transport (up 10%), and fuel significantly contributed to the inflation surge, despite an 8% VAT reduction on fuel.
Wednesday 12:45 PMCapital BusinessFirst

Lavington, Spring Valley lead Nairobi house price growth in Q1

Lavington, Spring Valley lead Nairobi house price growth in Q1

Nairobi's upscale suburbs, particularly Lavington and Spring Valley, experienced significant house price growth in the first quarter of 2026, a trend attributed to limited housing supply. Overall apartment prices in the city showed a mixed performance, with some areas experiencing declines due to increased supply.

Read Story
Wednesday 2:00 PMCapital Business

One Petroleum blames State as tainted fuel probe widens

One Petroleum blames State as tainted fuel probe widens

One Petroleum Ltd is blaming the Kenyan government for a scandal involving contaminated fuel, claiming they supplied the emergency cargo based on instructions from the Ministry of Energy.

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Key Highlights

One Petroleum Ltd is blaming the Kenyan government for a scandal involving contaminated fuel, claiming they supplied the emergency cargo based on instructions from the Ministry of Energy.

  • The investigation into the off-spec fuel consignment has led to the exit of senior officials, including Petroleum Principal Secretary Mohamed Liban.
  • One Petroleum Ltd contends the fuel met specifications accepted in several Southern African markets and complied with Kenyan standards prior to recent regulatory changes.
  • The controversy has heightened scrutiny of emergency fuel procurement, with investigators questioning if low fuel stock claims were used to justify costly imports outside the established government-to-government framework.
Wednesday 4:31 PMCapital Business

KRA flags Sh23.1bn tax claim in Tullow-Auron deal

KRA flags Sh23.1bn tax claim in Tullow-Auron deal

The Kenya Revenue Authority (KRA) is demanding Sh23.1 billion in taxes from Tullow Oil following its 2025 sale of its Kenyan business to Auron Energy E&P Limited.

Read Story

Key Highlights

The Kenya Revenue Authority (KRA) is demanding Sh23.1 billion in taxes from Tullow Oil following its 2025 sale of its Kenyan business to Auron Energy E&P Limited.

  • The tax claim amounts to Sh23,124,656,330, broken down into Capital Gains Tax, VAT, and Withholding Tax.
  • Key entities involved are the Kenya Revenue Authority (KRA) and Tullow Oil, with Auron Energy E&P Limited as the buyer.
  • Tullow Oil has formally objected to the tax assessment, which is currently pending review by the KRA.
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Key Highlights

Nairobi's upscale suburbs, particularly Lavington and Spring Valley, experienced significant house price growth in the first quarter of 2026, a trend attributed to limited housing supply. Overall apartment prices in the city showed a mixed performance, with some areas experiencing declines due to increased supply.

  • Lavington led house price growth with a 4.2 percent increase.
  • HassConsult, through its House Price Index, provided the data.
  • The article highlights supply dynamics as the primary driver for price changes in both the house and apartment markets.