PSVs increase fares 30pc after doubling of fuel VAT

Fuel station

Vehicles line up to fuel at a petrol station in Nairobi on July 1, 2023. 

Photo credit: Francis Nderitu | Nation Media Group

Commuters will pay up to 30 percent more to travel countrywide after transport firms increased fares in response to the doubling of the value-added tax (VAT) on petroleum products to 16 percent.

An analysis of the new price guide shows that public service vehicle (PSV) operators plying Western Kenya routes will charge the highest in fare in the latest review by Matatu Owners Association (MOA).

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