Africa Business Radio

Kenyans Protest Over Fuel Price Hikes

Informações:

Synopsis

Kenyans protested at a jump in fuel prices, which threaten to pile on the misery for a population already suffering economic hardship because of the Covid-19 pandemic.Fuel prices are now at record levels after the country’s energy regulator this week put an end to subsidies on petrol, diesel and kerosene that were introduced earlier this year to ease anger over the surging cost of living.The scrapping of the subsidies, which took effect on Wednesday, increased the price of petrol in Nairobi by about six per cent to a maximum of almost 135 shillings a litre.And the cost is set to rise further with the introduction of a near five per cent excise duty on fuel from October 1.