Power, car prices to rise as shilling hits new low



Business Daily | by Otiato Guguyu


The cost of imported goods like cars, electronics and second-hand clothes as well as that of electricity will increase further ahead of the festive season after the shilling fell to a new all-time low of 112.07 units against the dollar.

The weakening of the shilling has triggered fears of a fresh round of inflationary pressure, which has…

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