Sharp Daily
No Result
View All Result
Monday, July 7, 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

Vivo Energy’s Revenues Hit Ksh110B In Six Months

Sarah Wamaitha by Sarah Wamaitha
August 24, 2022
in News
Reading Time: 1 min read
Vivo Energy

[Photo/ Courtesy]

Vivo Energy has recorded a Ksh25.96 billion revenue jump in the six months ended June 2022, brought about by an increase in fuel consumption.

As a result, the group has posted Ksh110.55 billion in revenues in the first half of the year, which is a 30.6 percent jump from the previous Ksh84.59 billion in a similar period in 2021.

Operating in 23 countries in North, West, East and Southern Africa, Vivo Energy has a vast network of over 2400 service stations and with the recent rise in revenues, Vivo Energy Kenya has managed to cement itself as the biggest African market for shell-branded fuel products beating Senegal and Morocco.

Read: Polycarp Igathe: Career, Wealth and Educational Background

RELATEDPOSTS

Engen Petroleum

Vivo Energy Acquires 74% Stake In South Africa’s Engen

February 13, 2023

As of March, Vivo Energy Kenya held a 26.52 per cent share of the local petroleum sales market. As part of its expansion plans, the company hopes to open 20 fuel stations nationwide by the end of the year.

A litre of super retailed at Ksh159.12 in June from Ksh127.14 in the same month last year in Nairobi while that of diesel sold at Ksh140 from Ksh107.66 in the period.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

KCB Group Posts Ksh19.6B In Half Year Profit

Next Post

NBK Posts Ksh729 Million Half-Year Net Profit

Sarah Wamaitha

Sarah Wamaitha

Related Posts

Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025
Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025
News

The real price of Israel – Iran Conflict for Kenya.

June 19, 2025
Economy

Resilient but strained: Kenyan firms speak out in May 2025 CEO survey.

June 19, 2025
News

Co-op Bank posts KES 6.9 billion profit in Q1’2025

May 16, 2025

LATEST STORIES

The importance of Investment Policy Statements (IPS) for pension schemes in Kenya

July 4, 2025

Understanding Life Cover as an Additional Benefit in Retirement Benefit Schemes

July 4, 2025

Del Monte foods files for bankruptcy in USA

July 3, 2025

Lessons from the Kuramo-TransCentury fallout

July 3, 2025

Private vs Public Pension Funds in Kenya

June 30, 2025

The mechanics of currency manipulation

June 27, 2025

Understanding how to access your pension savings in Kenya.

June 27, 2025

What happened to president Ruto’s economic dream?

June 27, 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