Following EPRA’s Thursday review of fuel prices, Matatu Owners Association have announced an immediate 20 percent increase in bus fare countrywide.
“We have been consulting them (members) about the increase of fuel and we have come up with a way that immediately they need to increase the fare,” said Association Chairperson Albert Karakacha
Read more: No relief in sight: CS Moses Kuria says fuel prices will keep soaring
Following the end of the government’s fuel stabilization program and an increase of global crude oil prices fuel has gone past the KES 200 mark for the first time. With Super petrol retailing at KES 211.64 and diesel and kerosene prices hitting KES 200.9 and 202.61 respectively.
This means that average matatu costs will go by up KES 30 to 50 on average further putting pressure on Kenyan pockets, at a time when an increase in taxes are being considered by the government and cost of living remains stubbornly high.
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