Fuel prices in the country have surged in the latest review pinned on higher taxes. The review places November retail price for petrol at Sh110.59 in Nairobi, diesel at Sh104.61 and kerosene at Sh104.06. The reviewed prices take into account a cumulative nine taxes and levies. This are Excise Duty, Road Maintenance Levy, Petroleum Development Levy, Petroleum Regulatory Levy, Railway Development Levy, Merchant Shipping Levy, Import Declaration Fee and Value Added to all petrol and diesel imports. Diesel increased by 2.08 per cent from $491.94 to $502.15, while kerosene increased by 2.73 per cent from $486.55 to $499.85 per cubic metre.

Source: The Star November 15, 2019 00:56 UTC