Sharp Daily
No Result
View All Result
Wednesday, October 8, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Licensure Of Tanzanian LPG Firm To Disrupt Kenyan Market

Domenic Ntoogo by Domenic Ntoogo
October 13, 2022
in News
Reading Time: 1 min read

The entry of Tanzanian Taifa Gas Investments into the Kenyan Liquefied Petroleum Gas, LPG, industry is anticipated to cause an unprecedented shake-up in the market.

The company is expected to bring to life healthy competition in the sector, owing to the low price with which it distributes the resource. Taifa gas sells a complete 6-kg gas cylinder at Tsh. 40 000 (about Ksh. 2010).

The  Energy and Petroleum Regulatory Authority (EPRA) has hinted at giving license to the firm owned by Tanzanian tycoon Rostam Aziz, whose permit to operate was previously halted by the authority.

Read: EPRA Calls For Vigilance Over Sale of Contaminated Fuel

RELATEDPOSTS

The economic and environmental gains of Kenya’s LPG shift

October 8, 2025

Equities, Bonds, or Fixed Deposits?

October 7, 2025

The move will come as a reprieve to Kenyan consumers who have been grappling with the ever-rising cost of the commodity due to monopoly.

EPRA announced letting Taifa enter the lucrative business after President William Ruto held bilateral talks with his Tanzania counterpart Samia Suluhu on Monday, October 10.

The president also stated that the two governments would collaborate to expedite the construction of the gas pipeline from the Mtwara gas plant to Mombasa and later Nairobi, a project that has been pending for over a year.

Read: President Ruto Says Government Will Privatize Water Services

“We will expedite the gas pipeline from Dar es Salaam to Mombasa and eventually to Nairobi so that we can use the resources that we have in our to lower energy tariffs both for commercial and domestic use in Kenya,” said President Ruto.

The Memorandum of Understanding, MoU, that provided for the pipeline’s construction was signed by President Suluhu and former Kenyan head of state Uhuru Kenyatta.

Email your news TIPS to editor@thesharpdaily.com

 

 

 

Previous Post

KCB Screens Ksh336B Worth Of Loans For Climate-Related Risks

Next Post

Ouster of IEBC Dissenting Commissioners Kicks Off

Domenic Ntoogo

Domenic Ntoogo

Related Posts

News

Kenya Q2’ 2025 GDP growth accelerates to 5.0%

October 3, 2025
News

Argentina’s crisis and Kenya’s lessons on political economy and market confidence

September 25, 2025
News

Kenya’s financial system remains stable but faces rising risks

September 25, 2025
News

Where do Kenyan stock returns come from? A napkin framework

September 19, 2025
News

September snapshot: CMMF yields 13.12% as month unfolds

September 5, 2025
Private equity investment business concept
News

Private equity and insurance

September 4, 2025

LATEST STORIES

The economic and environmental gains of Kenya’s LPG shift

October 8, 2025

Equities, Bonds, or Fixed Deposits?

October 7, 2025

Kenya’s Inflation is creeping up, What it means for investors

October 7, 2025

The Role of Micro-Pensions Plans in Kenya

October 3, 2025

Understanding the link between international aid and cooperative finance stability in Sub-Saharan Africa

October 3, 2025

Kenya Pipeline Company IPO

October 3, 2025

Kenya Q2’ 2025 GDP growth accelerates to 5.0%

October 3, 2025

Kenya’s Regulated SACCOs Cross Trillion Shilling Mark

October 2, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024