[Source: Business Daily, by Edwin Okoth]
Fuel prices Tuesday jumped by the biggest margin since Kenya started controlling fuel prices in 2010 on costly crude prices and a thirteen-fold increase in the Petroleum Development Levy, ending the era of cheap petrol that started in April.
This is the biggest increase since 2007 when official data on fuel prices are available.
Motorists in Nairobi will pay Sh91.87 per litre of diesel from Sh74.57, representing a Sh17.30 increase, and Sh11.38 more for a litre of super petrol at Sh100.48.
The Energy and Petroleum Regulatory Authority (EPRA) linked the expensive fuel to…
