Oil prices will go down by three shillings a litre after the energy regulatory commission, released new prices for the period June 15th to July 14th, 2012. The cost of kerosene has been slashed by 3 shillings and 80 cents, as the regulator also brought down pump prices of petrol and ...
The study findings show that Organizational Structure plays a major role in fuel prices in Kenya. The study concludes that for any regulatory practices on fuel prices to succeed key considerations must be put in place. These key factors are both internal and external factors to the organization....
NAIROBI, June 15 (Xinhua) -- Kenya will gradually raise its domestic fuel prices as it works to end a subsidy program that is becoming unsustainable due to a faster surge in oil prices in the global market, a government official said Wednesday. Ukur Yatani, the cabinet secretary of the Nat...
Sources at the Oil Marketers Association of Kenya (Omak), the industry lobby, have revealed that they now want the government to pay interest on the delayed funds, in what will come with another cost to taxpayers. The government however did not comment on the situation causing disgruntlement ...
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The rise in local pump prices once again put the government’s taxation policy on the spot, given that globally, crude prices have been dropping and closed the year at $79.88 a barrel compared to $80 per barrel in January. Kenya has one of the highest taxation rates on fuel in...
The World Bank has cast doubts on Kenya’s ability to sustain its currentfuel subsidyprogramme if the Ukraine conflict persists. “Fuel subsidies in Kenya have contributed to stopping fuel prices from rising. This has been successful so far, but it will place pressure on public finance if the...
作者: TV KENYA Citizen 摘要: Oil prices will go down by three shillings a litre after the energy regulatory commission, released new prices for the period June 15th to July 14th, 2012. The cost of kerosene has been slashed by 3 shillings and 80 cents, as the regulator also brought ...
Oil companies have pointed to subsidy arrears owed to them by the State for the shortage. The subsidy was introduced in April last year to stabilise prices amid suspicion of hoarding. Delays in the payment of subsidies to the companies by the government have pushed up prices in the w...
She said the country had adequate stocks of petroleum and petroleum products to meet its monthly demand. The fuel prices rose further in Kenya Thursday, with gas and diesel prices increasing by 9 U.S. cents to retail at 1.25 dollars and 1.09 dollars, respectively, in Nairobi.■...