The amount of taxes in the price of a litre of fuel is heading towards the 50 percent mark, driven by an increase in two levies in the latest prices that will be in effect until February 14 midnight.
Taxes now account for 45.8 percent or Sh80.91 in the price of a litre of petrol and 41.14 percent (Sh69.2) per litre of diesel. This is a surge from June last year when taxes took 40.1 percent and 36.4 percent of the price of a litre of petrol and diesel respectively.
