Sharp Daily
No Result
View All Result
Wednesday, June 25, 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

EPRA announces decreased diesel, kerosene prices

Brian Murimi by Brian Murimi
November 14, 2023
in News
Reading Time: 1 min read

The Energy and Petroleum Regulatory Authority (EPRA) announced Tuesday that maximum allowed prices for diesel and kerosene will decrease by KES 2 per liter starting November 15, while prices for super petrol will remain unchanged.

The maximum price for petrol in Nairobi will be KES 217 per liter, while diesel and kerosene will now retail at KES 203.47 and KES 203.06 per liter respectively.

The new prices set by EPRA are inclusive of 16% value added tax in accordance with Kenyan tax laws. EPRA calculates the maximum retail prices for petroleum products on a monthly basis.

The landed cost of imported super petrol increased 2.81% from October, and diesel increased 3.28%, while kerosene decreased 6.31%, according to EPRA data. Kenya imports all its petroleum products in refined form, with pricing benchmarked to international S&P Global Platts data.

RELATEDPOSTS

EPRA’s fuel price hike will deepen Kenyans’ pain amid rising cost of living

March 14, 2025

EPRA unveils coalition for safety amid rising energy-related accidents in Kenya

March 13, 2025

“In order to cushion consumers from the spike in pump prices as a consequence of the increased landed costs, the Government has opted to stabilize pump prices for the November – December 2023 pricing cycle,” EPRA said in a statement.

The National Treasury has set aside funds to compensate oil marketing companies for the difference between actual and published pump prices, which EPRA said is necessary to avoid passing higher costs on to consumers.

EPRA Director General Daniel Kiptoo Bargoria said the government’s move provides an important buffer for consumers. “We are pleased the National Treasury has identified resources to keep pump prices stable despite increases in global oil prices,” Bargoria said.

EPRA said it remains committed to ensuring fair competition and protecting consumer and investor interests in the energy sector. The next monthly price review is scheduled for mid-December.

Previous Post

Liquid C2 to bring Google’s cloud and security technology to Africa

Next Post

Government backtracks on immigration and citizen fees hike after public uproar

Brian Murimi

Brian Murimi

Brian Murimi is a journalist with major interests in covering tech, corporates, startups and business news. When he's not writing, you can find him gaming, watching football or sipping a nice cup of tea. Send tips via bireri@thesharpdaily.com

Related Posts

Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025
News

The real price of Israel – Iran Conflict for Kenya.

June 19, 2025
Economy

Resilient but strained: Kenyan firms speak out in May 2025 CEO survey.

June 19, 2025
News

Co-op Bank posts KES 6.9 billion profit in Q1’2025

May 16, 2025
Agriculture And Economy
News

Lets get Kenya out of FATF list

May 9, 2025
News

The downside of Impact Investing

May 2, 2025

LATEST STORIES

How Kenyan banks can bridge the cybersecurity talent gap

June 25, 2025

How companies can prevent administration through early intervention

June 25, 2025

How dairy bonuses are becoming a lifeline for Kenyan farmers

June 25, 2025

How dormant assets could be a hidden economic engine

June 25, 2025

Rethinking lifestyle inflation: The quiet investment killer

June 25, 2025

How Kenya can compete with global employment markets

June 24, 2025

Why Athi River deserves your investment

June 24, 2025

Parliament slashes tax on digital asset trades: What this means for investors

June 23, 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