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Kenya Should Not Be Paying More for Fuel Than Its Neighbours
3 Articles
3 Articles
In Kenya, anger is rising as prices at the gasoline and diesel pump increased last week. An increase that reflects an increase in the prices of imported fuel in the country, explained the authority in charge of oil. In an attempt to limit the break, the government announced a reduction in the VAT on fuel, from 16 to 8% for the next three months. This did not prevent an increase in prices and caused the grunts of Kenyans.
Kenya Should Not Be Paying More for Fuel Than Its Neighbours
Kenya’s latest fuel price surge has reignited a familiar but uncomfortable question: why does a country with a coastline, a major port, and established petroleum infrastructure consistently pay more for fuel than its landlocked neighbours like Uganda and Rwanda? The recent spike — driven by global tensions, including the Iran conflict — is real. Rising landed costs and supply disruptions are undeniable. But global shocks alone cannot explain why…
Kenya cuts fuel VAT after sharp diesel and petrol price surge
A sharp rise of the price of a litre of diesel by Sh40 and Sh28 on petrol announced by Kenya’s Energy and Petroleum Regulatory Authority (EPRA) has kicked up a storm pushing the government to cut the Value Added Tax (VAT) on fuel products to about half, from 13 percent to eight percent, to help
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