Gasoline Prices Climb to 12-Year High in Kenya After Tax Hike
- Fuel cost increased to the highest level in more than a decade
- New prices announced despite court order on finance law
A worker fills the tank of a vehicle at a petrol station in Nairobi.
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Kenya increased the price of gasoline to the highest in more than a decade following a tax hike, adding to inflationary pressures in the East African nation.
The price of gasoline jumped 7.4% to 195.53 shillings ($1.39) per liter in the nation’s capital, Nairobi, the Energy and Petroleum Regulatory Authority said in a statement on Friday.