Opinion: High taxes on oil, gas dim economic recovery outlook – Otieno Panya

Business Daily | by Otieno Panya

The public debate on the oil crisis in Kenya might have calmed at least for now, but there are still uncertainties as far as a sufficient supply of oil and gas is concerned. In fact, in some regions, especially western Kenya, the shortage is still imminent.

The past few months have been characterised by a shortage of fuel, high prices of cooking gas and inflated prices of commodities partly due to the effects of the Russian-Ukrainian war and the aftermath of the Covid-19 pandemic, but so much to do with high taxation and levies imposed on various items in the past two budgets…

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