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Taxes in the price of a litre of fuel now cross 40pc mark
Director General of Epra, Daniel Kiptoo speaks during a Media Roundtable meeting held by the regulator on May 23, 2024, at Sarova PanAfric Hotel in Nairobi.
Photo credit: File | Billy Ogada | Nation Media Group
Taxes and levies in the pricing of a litre of fuel have crossed the 40 percent mark, underscoring the heavy taxation that has kept pump prices high in Kenya despite big drops in global costs and a strengthening shilling.
In the monthly pricing cycle set last Friday, taxes and levies account for 40.1 percent for the price of a litre of super petrol, 36.37 percent for a similar quantity of diesel, and 34.67 percent for that of a litre of kerosene.
