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    “A new platform to represent Botswana,” says Amos on his coaching role in Iran

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    Karateka targets international titles

    Botswana gears up for high-stakes Gabs Open karate showdown

    Orange Botswana Awards P390,000 to Historic 4x400m Relay Champions, Coaches & BAA

    Orange Botswana Awards P390,000 to Historic 4x400m Relay Champions, Coaches & BAA

    Eppie’s breakthrough hints at a brighter future for Botswana’s 400m

    Eppie’s breakthrough hints at a brighter future for Botswana’s 400m

    Under Babitseng BFA will be transparent and accountable

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    Sports chief raises alarm over doping spike amid Region 5 triumph

    Sports chief raises alarm over doping spike amid Region 5 triumph

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Kenya: Kenyatta approves US$141m fuel subsidy to cushion consumers from price hikes

mm by RMB Africa Research
July 15, 2022
in News
Reading Time: 1 min read
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Kenya: Kenyatta approves US$141m fuel subsidy to cushion consumers from price hikes

Uhuru Kenyatta Source: All Africa

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Yesterday, President Uhuru Kenyatta approved an additional fuel subsidy of KES16.7bn (US$141m) to cushion consumers from further fuel price hikes. This means that diesel will continue to retail at KES140 per litre for the next month, gasoline at KES159.12, and kerosene at KES127.94. Without the intervention, diesel would have jumped 38 percent, gasoline by 32 percent, and kerosene by almost 42 percent. The subsidy appears to be a reversal in Kenya’s stance after National Treasury last month said it would halt the subsidies in the fiscal year that began 1 July 2022, as the spending was likely to inflate public debt to unsustainable levels and disrupt plans to ease the burden of liabilities.

Tags: Uhuru Kenyatta

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