The Online Kenyan Logo

The Online Kenyan

HomeTop StoriesLive TVVideosPoliticsBusinessSportsTechEntertainment
HomeTop StoriesLive TVVideos
PoliticsBusinessSportsTechEntertainment

Footer

The Online Kenyan Logo

The Online Kenyan

News & Breaking Headlines

news@theonlinekenyan.com
+254 758 277 017

Follow Us

Explore

DailiesWeekliesTopicsVideosHow to file KRA tax returns

Legal

  • Privacy Policy
  • Terms of Use
  • AI Content Policy

© 2026 The OK Company. All rights reserved.

Made within Kenya
HomeDaily NewsWednesday, August 12, 2026Kenya Power says grid investment needed for renewable energy - August 2026
Business & Economy3 stories from 2 sources

Kenya Power says grid investment needed for renewable energy - August 2026

Kenya Power is emphasizing the need for significant investment in its electricity grid to accommodate the integration of renewable energy sources and ensure a reliable power supply. The Organization of the Petroleum Exporting Countries has revised down its forecast for global oil demand growth in 2026, reflecting shifting energy dynamics. Turkana and Siaya counties have posted the weakest own-source revenue performance in the first nine months of the 2025/26 financial year, despite a national increase in county collections, highlighting significant disparities in revenue mobilization capabilities among Kenya's 47 counties.

Listen to this coverage2 min

Read aloud by your device

CCapital BusinessNNation BusinessFirst

News Coverage

Wednesday 9:35 AMCapital Business

Kenya Power says grid investment needed for renewable energy

Kenya Power says grid investment needed for renewable energy

Kenya Power is emphasizing the need for significant investment in its electricity grid to accommodate the integration of renewable energy sources and ensure a reliable power supply.

Read Story

Key Highlights

Kenya Power is emphasizing the need for significant investment in its electricity grid to accommodate the integration of renewable energy sources and ensure a reliable power supply.

  • The company plans to expand electricity infrastructure, increase hydropower storage, and carefully integrate solar and wind generation.
  • Kenya Power Managing Director and Chief Executive Officer Dr. Eng. Joseph Siror highlighted the changing dynamics of power imports and exports with Tanzania as Kenya's generation capacity grows.
  • A key project involves a proposed 1.5-metre extension of the Masinga Dam wall to increase water storage capacity for hydropower, crucial for balancing intermittent renewable sources.
Wednesday 3:41 PMCapital Business

OPEC lowers oil demand growth forecasts for 2026

OPEC lowers oil demand growth forecasts for 2026

The Organization of the Petroleum Exporting Countries (OPEC) has revised down its forecast for global oil demand growth in 2026.

Read Story

Key Highlights

The Organization of the Petroleum Exporting Countries (OPEC) has revised down its forecast for global oil demand growth in 2026.

  • Global oil demand is now expected to grow by 600,000 barrels per day year-on-year in 2026, a decrease from the previous estimate of 800,000 bpd.
  • The forecast was made by OPEC in its latest monthly oil market report.
  • Despite the lower 2026 forecast, OPEC revised up its demand growth forecast for 2027 to approximately 2.2 million bpd.
Tuesday 10:48 PMNation BusinessFirst

Turkana, Siaya, Kisumu post weakest revenue performance

Turkana, Siaya, Kisumu post weakest revenue performance

Turkana and Siaya counties have posted the weakest own-source revenue (OSR) performance in the first nine months of the 2025/26 financial year, despite a national increase in county collections. This underperformance highlights significant disparities in revenue mobilization capabilities among Kenya's 47 counties.

Read Story

Key Highlights

Turkana and Siaya counties have posted the weakest own-source revenue (OSR) performance in the first nine months of the 2025/26 financial year, despite a national increase in county collections. This underperformance highlights significant disparities in revenue mobilization capabilities among Kenya's 47 counties.

  • Turkana collected only 13.6 percent of its OSR target, while Siaya managed 19.5 percent.
  • The National Treasury data indicates that inefficiencies in revenue administration, weak enforcement, and optimistic projections are contributing factors.
  • Overall, counties collectively raised Sh53.83 billion, a 17.2 percent increase, representing 53.8 percent of their total target.
Advertisement

More from Wednesday, August 12, 2026

Co-op Bank profit after tax up 28pc to Sh18bn in H1 - August 2026
Business & Economy4 stories

Co-op Bank profit after tax up 28pc to Sh18bn in H1 - August 2026

C
Capital Business
Dicing with death: Concerns as residents cross collapsed Migori bridge - August 2026
Breaking News & Top Stories3 stories

Dicing with death: Concerns as residents cross collapsed Migori bridge - August 2026

T
K
The Standard, Kenyans
Gachagua Intensifies Criticism of Ruto Administration - August 2026
Kenya Politics & Government4 stories

Gachagua Intensifies Criticism of Ruto Administration - August 2026

N
K
Nation Politics, KTN News (Youtube)
Advertisement

More Stories

Co-op Bank profit after tax up 28pc to Sh18bn in H1 - August 2026
Business & Economy4 stories

Co-op Bank profit after tax up 28pc to Sh18bn in H1 - August 2026

C
Capital Business
Dicing with death: Concerns as residents cross collapsed Migori bridge - August 2026
Breaking News & Top Stories3 stories

Dicing with death: Concerns as residents cross collapsed Migori bridge - August 2026

T
K
The Standard, Kenyans
Gachagua Intensifies Criticism of Ruto Administration - August 2026
Kenya Politics & Government4 stories

Gachagua Intensifies Criticism of Ruto Administration - August 2026

N
K
Nation Politics, KTN News (Youtube)
Advertisement