Business & Economy3 stories from 1 sources
Senators Push for Six-Month National Oil Reserve - August 2026
Kenyan Senators are pushing for the establishment of a national strategic oil reserve to cover at least six months of the country's fuel consumption. The Senate Energy Committee has separately directed the Ministry of Energy and Petroleum to establish a digital system for real-time monitoring of fuel stocks within six months to enhance fuel security. At the same time, the Kenyan government significantly increased its domestic borrowing in July 2026, raising Sh138.25 billion to meet its financial obligations as the new fiscal year began.
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