Petrol to hit record high minus subsidy

fuel prices, fuel subsidy, petroleum development levy
[Image source: Pond 5]


Business Daily | by Brian Ngugi


Petrol prices will from midnight increase to the highest level in Kenya’s history unless the State subsidizes the rising crude oil costs in what may further stoke public outrage over the high cost of living.

Estimates from the Energy ministry indicate that the price of petrol will increase by at least Sh3 a litre in the…

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