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HomeDaily NewsThursday, June 4, 2026Kenya Halts Electricity Tariff Increase Amid Inflation Fears - June 2026
Business & Economy3 stories from 2 sources

Kenya Halts Electricity Tariff Increase Amid Inflation Fears - June 2026

Kenya has halted a planned increase in electricity tariffs, initially set for July 1, to protect consumers from rising costs amidst surging inflation and public outcry over fuel prices. This comes as Kenya's private sector experienced further contraction in May, reaching its lowest point since July 2024, as rising costs and weakening demand significantly impacted business conditions. Separately, Britam paid out Sh97.3 million in insurance claims in 2025 to protect over 402,681 farmers and pastoralists impacted by climate shocks across East Africa.

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Wednesday 11:11 PMNation BusinessFirst

Review of electricity tariffs halted amid inflation fears

Review of electricity tariffs halted amid inflation fears

Kenya has halted a planned increase in electricity tariffs, initially set for July 1, to protect consumers from rising costs amidst surging inflation and public outcry over fuel prices.

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Key Highlights

Kenya has halted a planned increase in electricity tariffs, initially set for July 1, to protect consumers from rising costs amidst surging inflation and public outcry over fuel prices.

  • The decision was announced by Energy and Petroleum Cabinet Secretary Opiyo Wandayi, with Kenya Power withdrawing its tariff review application.
  • This suspension comes as inflation hits a 27-month high of 6.7%, driven by recent fuel price hikes.
  • The move aims to shield households, businesses, and industries from increased energy expenses ahead of the August 2027 General Election.
Thursday 10:45 AMCapital Business

Kenya private sector Contracta as costs spike to 2023 highs – PMI

Kenya private sector Contracta as costs spike to 2023 highs – PMI

Kenya's private sector experienced a further contraction in May, reaching its lowest point since July 2024, as rising costs and weakening demand significantly impacted business conditions.

Read Story

Key Highlights

Kenya's private sector experienced a further contraction in May, reaching its lowest point since July 2024, as rising costs and weakening demand significantly impacted business conditions.

  • The Stanbic Bank Kenya Purchasing Managers’ Index (PMI) fell to 46.6 in May, indicating a sharper deterioration in operating conditions.
  • Firms reported a significant increase in input costs, with purchase price inflation at its fastest pace since November 2023.
  • Despite the downturn, business sentiment for the year ahead improved, with firms citing planned investments as drivers of expected recovery.
Thursday 12:57 PMCapital Business

Britam pays Sh97.3m in climate-linked claims in 2025

Britam pays Sh97.3m in climate-linked claims in 2025

Britam paid out Sh97.3 million in insurance claims in 2025 to protect over 402,681 farmers and pastoralists impacted by climate shocks across East Africa.

Read Story

Key Highlights

Britam paid out Sh97.3 million in insurance claims in 2025 to protect over 402,681 farmers and pastoralists impacted by climate shocks across East Africa.

  • Sh97.3 million paid in climate-linked insurance claims to more than 402,681 individuals.
  • Key organization: Britam, an insurer focused on managing climate risk in agriculture.
  • Claims were largely driven by the expanding use of parametric insurance models, which leverage satellite data and predefined weather triggers for faster payouts.
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