Business & Financial News
EPRA raises fuel subsidies, pump prices unchanged

Petrol price remains unchanged until December 14

By Steve UMIDHA

The price of fuel will remain unchanged until December14 after the government opted to ‘stabilise’ pump prices with petrol retailing at the same at a high of Ksh217.36 for the next month, while prices of diesel and kerosene decrease by KShs.2.00 per litre in the latest monthly review by EPRA.

“The prices are inclusive of the 16% Value Added Tax (VAT) in line with the provisions of the Finance Act 2023, the Tax Laws (Amendment) Act 2020 and the revised rates for excise duty adjusted for inflation as per Legal Notice No. 194 of 2020,” said EPRA in a statement Tuesday 14.

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