Business Daily | by John Mutua
The government owed Shell licensee Vivo Energy Kenya Sh3.5 billion ($31 million) for the fuel subsidy scheme in the year ended December, highlighting the State’s struggles to pay oil marketers for keeping pump prices unchanged.
The oil marketer’s parent company, Vivo Energy Group Plc disclosed the arrears in its annual report for the period under review. The arrears are under the line ‘other government benefits receivable’…
