The State's latest intervention to cushion motorists from high fuel prices comes as oil marketers await payment of billions of shillings in subsidy arrears.
By
John Mutua
Business Reporter
Nation Media Group
A record-high subsidy on diesel products for the current monthly pricing cycle to July 14, 2026, will cost an estimated Sh10 billion, adding to the cash flow woes facing oil marketers amid delayed State compensation for selling fuel at below the gazetted prices.
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A combination of the arrears and costly fuel in the wake of the US-Israel war on Iran made it difficult to lift sufficient…
The government owed the petroleum sector players more than Sh20 billion, with the bulk of the money at Sh13.74 billion incurred…
There are fears that the price of one litre of diesel may hit Sh300 mark in the coming months.
Fuel prices have risen sharply across Tanzania, with the government introducing a subsidy of Sh259 per litre on diesel in a bid…
Kenya risks sliding back into an era of widespread fuel adulteration as the government’s heavy subsidy on kerosene opens up a…
The House is also considering introducing options for where the country can source fuel products, in order to avoid overreliance…
