Sharp Daily
No Result
View All Result
Wednesday, September 17, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Government launches nationwide crackdown on fuel price violations

Teresiah Ngio by Teresiah Ngio
October 18, 2024
in News
Reading Time: 1 min read

The Ministry of Energy and Petroleum has initiated a nationwide crackdown on fuel stations flouting government-regulated pump prices. This comes after several reports surfaced indicating that certain stations across Kenya are charging prices higher than those set by the Energy and Petroleum Regulatory Authority (EPRA). Cabinet Secretary Opiyo Wandayi raised concerns about the issue, affirming the government’s commitment to ensuring compliance.

The crackdown follows EPRA’s announcement on October 14, 2024, to lower fuel prices due to a drop in international fuel costs. In Nairobi, the new prices, effective from October 15, 2024, see Super Petrol retailing at KES 180.66, Diesel at KES 168.06, and Kerosene at KES 151.39. These prices will remain in effect until November 14, 2024, when EPRA is expected to review and announce new pricing adjustments.

Cabinet Secretary Wandayi emphasized the importance of adhering to EPRA’s regulations. “We urge all retail stations in Kenya to adhere strictly to the prices set by the Regulator,” he stated, underlining that any fuel retailer found in violation would face legal consequences. The Ministry is closely monitoring the situation to ensure full compliance and transparency across the country.

In addition to monitoring fuel retailers, the Ministry has called upon industries to pass on the benefits of reduced fuel prices to consumers.

RELATEDPOSTS

Government launches nationwide crackdown on alcohol manufacturers

March 19, 2024

EPRA announces fuel prices cut by KES 7 per litre

March 14, 2024

This initiative is aimed at easing the cost of living, especially at a time when fuel prices significantly influence the pricing of goods and services. “Consumers should not be burdened by higher fuel costs, especially when the government has acted to bring prices down,” said CS Wandayi.

To bolster public involvement in this effort, the Ministry encourages Kenyans to report any fuel stations found overcharging via EPRA’s hotline, operational during regular working hours. The crackdown, according to the Ministry, is intended to ensure a transparent and fair market that protects both consumers and investors from unfair pricing practices.

Previous Post

CBK announces financial sector-wide interoperable payment system

Next Post

Mbadi pushes for additional rate cuts to stimulate lending

Teresiah Ngio

Teresiah Ngio

Related Posts

News

September snapshot: CMMF yields 13.12% as month unfolds

September 5, 2025
Private equity investment business concept
News

Private equity and insurance

September 4, 2025
News

Kick financial goals: Invest with CMMF this football season

August 22, 2025
commercial illustrator
News

Why Kenyan private equity firms should consider continuation funds as an exit strategy

July 23, 2025
Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025

LATEST STORIES

Sustainable mixed-use developments in Kenya

September 17, 2025

Real Estate project financing models shaping successful developments

September 12, 2025

Alternative investments: Opportunities and risks

September 12, 2025

Mid-September momentum: CMMF posts strong yields and growing trust

September 12, 2025

Unlocking Home Ownership Through Retirement Savings in Kenya

September 12, 2025

The role of FDIs in driving sustainable development

September 11, 2025

How increased oversight can clean up the insurance sector without stifling innovation

September 11, 2025

Why retail investors hold the key to Kenya’s capital market growth

September 11, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024