Kenyans will have to part with a lot more coins to buy petroleum products.
The Energy and Petroleum Regulatory Authority (EPRA) has increased Super Petrol by sh7.63, diesel by sh5.75cts and Kerosene by 5sh. 41cts per litre.
The increase, which marks the 4th consecutive raise in the past 4 months, is expected to push up the cost of transport, electricity and manufactured goods.
Epra has defended the new prices, on grounds that they include the 8% Value Added Tax (VAT) in line with the Finance Act 2018 and the revised rates for excise duty which adjusted for inflation as per the legal notice of 2020.