The shilling plunged to 148.98 units to the dollar in the latest exchange rate used to set the pump prices compared to 123.88 units a year ago, while crude prices— a key determinant of refined fuel prices— have been rising in recent months. Record-high pump prices in Kenya have pr...
Kenya: Fuel Prices Still Up Despite Government WarningNEWSEducation
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...
Kenya's energy industry regulator on Friday decreased petroleum pump prices for diesel, super petrol and kerosene by different price margins in the latest review for April-May due to global falls in crude oil prices.
High food prices are one of the major risks facing households from developing countries. Food prices have attracted renewed interest among policy experts in identifying appropriate policy instruments to counter the effect of price vulnerability. This paper evaluates the effect of fuel prices on food pr...
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This means that today’s crude prices can only reflect in the January 2022 price review. Several countries have already enacted fresh travel restrictions to curb the spread of the new variant. There are also fears on the effectiveness of the current Covid-19 vaccines against the new ...
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Kenya hikes retail prices for fuel NAIROBI, Feb. 14 (Xinhua) -- Kenya's energy industry regulator on Tuesday increased petroleum pump prices for diesel, super petrol and kerosene by different price margins in the latest review for Feb 15- March 14 due to global increase in crude oil prices...