Cooking

Cooking Oil Prices Set for Relief After Court Quashes 10% Palm Oil Duty

Cooking Oil Prices Set for Relief After Court Quashes 10% Palm Oil Duty

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Kenyans have secured a supposed victory after the High Court declared the government’s decision to impose a 10 percent import duty on crude palm oil unconstitutional. The ruling, delivered by Justice Bahati Mwamuye on Thursday, halted a policy that had triggered an immediate spike in the cost of basic household commodities. Justice Mwamuye ruled that […]

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MPs Halt Govt Plan to Slash Cooking Gas Prices via Open Tender Scheme

MPs Halt Govt Plan to Slash Cooking Gas Prices via Open Tender Scheme

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Members of Parliament have rejected a government proposal to introduce an open tender system (OTS) for importing cooking gas, a plan that aimed to lower prices and bring the commodity under State regulation, similar to petrol, diesel, and kerosene. The National Assembly Committee on Delegated Legislation said it could not approve the Petroleum (Operation of

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CBK Predicts Cooking Oil, Maize Flour Prices to Rise Over Next Three Months

CBK Predicts Cooking Oil, Maize Flour Prices to Rise Over Next Three Months

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The Central Bank of Kenya’s (CBK) latest Monetary Policy Meeting Report predicts a rise in cooking oil prices over the next three months. The report, released on Monday, December 9, attributes the expected increase to high global market prices. Since most raw materials used to produce cooking oil are imported, the price hike is anticipated

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NBS Reveals Cooking Gas and Kerosene Prices Soar, Impacting Consumers Nationwide

NBS Reveals Cooking Gas and Kerosene Prices Soar, Impacting Consumers Nationwide

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by Admin · October 18, 2024 The National Bureau of Statistics (NBS) has reported a notable increase in the average price of 5kg of cooking gas, rising from N6,430.02 in August to N6,699.63 in September 2024. This represents a 4.19% month-on-month increase, while year-on-year, the price has surged by 59.90%, up from N4,189.96 in September

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