Fuel prices hit a new high on Tuesday despite billions sunk in the stabilisation fund, setting up the country for a new round of increases in the price of basic goods and services.
The Energy and Petroleum Regulatory Authority (Epra) on Tuesday increased pump prices by Sh9 per litre pushing the cost of super and diesel to Sh159.12 and Sh140, respectively in Nairobi — the highest in Kenya’s history. Kerosene prices also went up by a similar margin and will now retail at Sh127 in Nairobi