Record-high fuel prices in Kenya amid economic woes

But just one year after President William Ruto came to power, life is getting more onerous. This has painted a grim picture of Kenya’ s future and shattered citizens “hopes for economic reinvigoration. On September 14, 2023, the Energy and Petroleum Regulatory Authority announced record-high fuel prices for the September-October regulation cycle.

For many Kenyans, life was unbearable during former President Uhuru Kenyatta’s reign. But just one year after President William Ruto came to power, life is getting more onerous. High taxation, the depreciation of the shilling against the dollar, and record-high fuel prices have highlighted the last few months. This has painted a grim picture of Kenya’s future and shattered citizens’ hopes for economic reinvigoration.

On September 14, 2023, the Energy and Petroleum Regulatory Authority (EPRA) announced record-high fuel prices for the September-October regulation cycle. A litre of super will now retail at Kes 211.64, diesel at Kes 200.90, and Kerosene at Kes 202.61. This represents an increase of Kes 16.96, 21.32, and 33.13, respectively, in the new prices announced last midnight….

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