Roads levy pushes petroleum prices to eleven-month high

An attendant fuels a car at a Total petrol station in Nyeri town. PHOTO | FILE

Petroleum prices rose to an 11-month high beginning Friday morning buoyed by the coming into effect of the Sh6 road maintenance levy that Treasury secretary Henry Rotich added to the product cost in his June budget.

The cost of diesel, which is mainly used to power trucks, buses and industrial machinery, increased by the highest margin of Sh9.53 to Sh83.24 a litre in Nairobi — the highest level since August last year.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.