Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
Fuel VAT to raise prices by up to Sh17 per litre
The Kenya Private Sector Alliance (Kepsa) has already warned that the planned huge price change will increase inflation by as high as four per cent. FILE PHOTO | NMG
Transport could be paralysed Wednesday morning after the Kenyan Motorists Association asked Kenyans to park their vehicles on major roads to protest an impending increase in fuel prices.
Having deferred it for two years, Treasury plans to implement a 16 per cent value-added tax (VAT) on petroleum products from September 1. The new tax will increase fuel prices by up to Sh17 per litre.
