Kenyan consumers are headed for tough times in the shops as global crude prices continue to rise pushing up the cost of transport and energy, and causing a general rise in the prices of goods and services.
Crude prices Friday rose to a three and a half year high to stand at nearly $80 (Sh8,000) a barrel, its highest level since November 2014, saddled by concerns over possible reduction in global supply in the wake of US imposition of fresh sanctions against Iran – a major oil producer.
