The cost of fuel has risen to its highest rates since July 2019. [Caleb Kingwara, Standard]Fuel consumption exploded in December last year as more Kenyans coming out of lockdown rushed to visit friends and relatives during the festive month. Jet fuel, whose consumption was at a paltry 6,320 tonnes in April 2020, dramatically jumped to 40,260 tonnes as President Uhuru Kenyatta allowed the aeroplanes back to the skies. Read MoreThe rate of petroleum development levy was increased 13-fold to Sh5.40, leading to a bumper harvest by the government. As a result, the cost of fuel has risen to its highest rates since July 2019.

Source: Standard Digital February 18, 2021 06:22 UTC