Kenya Electricity Transmission Company (KETRACO) has opened privately funded electricity transmission projects, valued between Sh50 billion and Sh65 billion, for public review under a Public-Private Partnership (PPP) framework.

• Projects include new high-voltage power lines and substations strategically located in areas like Mutomo and Voi.
• The proposals were submitted by a consortium including Pabari Investment Limited, ENCOMM Power Rental Solutions Limited, and AEE Power Ventures S.L.
• KETRACO is inviting other private investors to submit competing proposals within 21 days.

Kenyan steel manufacturers are experiencing slow growth due to high energy costs, cheap imports, and substandard products, leading to idle production capacity.

• The sector is operating at just 36 percent of its 4.2 million tonne capacity despite rising demand.
• Key players include the Kenya Association of Manufacturers (KAM), represented by CEO Tobias Alando and Metal and Allied Sector Chairman Bobby Johnson.
• Manufacturers are prepared to meet growing demand but need improvements in operating conditions, including the cost of electricity, access to financing, regulatory certainty, and competition from low-cost imports.

Glee Hotel has been placed under administration after Equity Bank moved to recover outstanding debt. An administrator has been appointed to take control of the hotel's assets and operations.

• Equity Bank appointed Kamal Anantroy Bhatt of Anant Bhatt LLP as administrator on July 6.
• The hotel failed to service a loan, with its proprietor previously asked to pay Sh100 million.
• This administration process aims to protect the distressed company while exploring options for restructuring or recovering value for creditors.