@BusinessDaily

ERC urges motorist to keep receipts in dirty fuel fight

3 weeks ago, 08:15

By: Neville Otuki

The energy regulator has advised motorists to obtain cash receipts or retain mobile payment confirmation notification to enable it build cases against petrol station owners in case of fuel adulteration.

The Energy Regulatory Commission (ERC) has given the directive amid rising cases where rogue traders blend low-cost kerosene with diesel to achieve higher margins.

“Motorists who experience jerking, loss of engine power and excessive smoke from the vehicles' exhaust after refuelling are urged to immediately report the matter to the Commission through [email protected] or hotline numbers 0708444000 or 0709336000,” the ERC said in a notice.

Besides damaging vehicle's, contamination of fuel is blamed for revenue loss as the unscrupulous traders target petroleum meant for neighbouring Uganda and Rwanda in a bid to evade taxes.

The long-running practice has failed to disappear despite past ERC attempts including sting raids on petrol stations and hefty fines on culprits.

Kerosene is currently priced Sh19 below diesel, making it a suitable blend for petroleum products for the traders looking to increase their earnings in the tightly controlled market.

Fuel contamination causes excessive engine wear, piling undue vehicle maintenance costs on motorists.

The ERC move also comes at a time when the Treasury is planning to increase excise duty on kerosene to the level of diesel to curb the malpractice.

Lower tax on paraffin was originally meant to cushion low-income households from high cost of living but profit-hungry traders have turned it into a cash cow that earns them millions of shillings.


Read More


Category: business economy news markets lifestyle opinion

Suggested

1 hours ago, 15:43
@StandardMedia - By: Josephat Thiong'o
Groups clash over management of public toilets in Nairobi

Scramble for a piece of the lucrative public toilets business in Nairobi County played out as operators clashed with youth groups ...

Category: business news
6 hours ago, 11:34
@DailyNation - By: The Monitor
Uganda nets Sh188mn from social media, mobile money tax

Ugandans who wish to access social media have to pay about Sh5 as Over the Top Tax (OTT) ...

Category: topnews news business
3 hours ago, 14:19
@CITIZENTV - By: Mumbi Warui
Kenyans transact Ksh1.8T on mobile money in three months

Kenyans transacted Ksh.1.8trillion through mobile money platforms between January and March, CAK has revealed. ...

Category: business
1 hour ago
@CapitalFMNews - By: Pscu
Home owners get 15pc tax relief after Kenyatta signs Affordable Housing Scheme law

NAIROBI, Kenya, Jul 18 - President Uhuru Kenyatta today signed into law a Bill creating a 15 per cent tax relief for Kenyans buying houses under the Kenya breaking news | Kenya news today | ...

Category: business
Now
@CapitalFMNews - By: Margaret Njugunah
Battle for data customers intensifies as Airtel gains subscribers in Q3

NAIROBI, Kenya, Jul 18 -    The battle for a pie of internet subscribers in Kenya continues to heat up as new entrants battle it out with established Kenya breaking news | Kenya news today | ...

Category: business
1 hours ago, 16:15
@CapitalFMNews - By: Wambui Waweru
The EU’s ‘tax lady’ strikes again

BRUSSELS, Belgium, Jul 18 - Her tough stance towards US firms has earned her the ire of President Donald Trump, but the EU's anti-trust chief Margrethe Kenya breaking news | Kenya news today | ...

Category: business

@BusinessDaily

ERC urges motorist to keep receipts in dirty fuel fight

3 weeks ago, 08:15

By: Neville Otuki

The energy regulator has advised motorists to obtain cash receipts or retain mobile payment confirmation notification to enable it build cases against petrol station owners in case of fuel adulteration.

The Energy Regulatory Commission (ERC) has given the directive amid rising cases where rogue traders blend low-cost kerosene with diesel to achieve higher margins.

“Motorists who experience jerking, loss of engine power and excessive smoke from the vehicles' exhaust after refuelling are urged to immediately report the matter to the Commission through [email protected] or hotline numbers 0708444000 or 0709336000,” the ERC said in a notice.

Besides damaging vehicle's, contamination of fuel is blamed for revenue loss as the unscrupulous traders target petroleum meant for neighbouring Uganda and Rwanda in a bid to evade taxes.

The long-running practice has failed to disappear despite past ERC attempts including sting raids on petrol stations and hefty fines on culprits.

Kerosene is currently priced Sh19 below diesel, making it a suitable blend for petroleum products for the traders looking to increase their earnings in the tightly controlled market.

Fuel contamination causes excessive engine wear, piling undue vehicle maintenance costs on motorists.

The ERC move also comes at a time when the Treasury is planning to increase excise duty on kerosene to the level of diesel to curb the malpractice.

Lower tax on paraffin was originally meant to cushion low-income households from high cost of living but profit-hungry traders have turned it into a cash cow that earns them millions of shillings.


Read More

Category: business economy news markets lifestyle opinion

Suggested

1 hours ago, 15:43
@StandardMedia - By: Josephat Thiong'o
Groups clash over management of public toilets in Nairobi

Scramble for a piece of the lucrative public toilets business in Nairobi County played out as operators clashed with youth groups ...

Category: business news
6 hours ago, 11:34
@DailyNation - By: The Monitor
Uganda nets Sh188mn from social media, mobile money tax

Ugandans who wish to access social media have to pay about Sh5 as Over the Top Tax (OTT) ...

Category: topnews news business
3 hours ago, 14:19
@CITIZENTV - By: Mumbi Warui
Kenyans transact Ksh1.8T on mobile money in three months

Kenyans transacted Ksh.1.8trillion through mobile money platforms between January and March, CAK has revealed. ...

Category: business
1 hour ago
@CapitalFMNews - By: Pscu
Home owners get 15pc tax relief after Kenyatta signs Affordable Housing Scheme law

NAIROBI, Kenya, Jul 18 - President Uhuru Kenyatta today signed into law a Bill creating a 15 per cent tax relief for Kenyans buying houses under the Kenya breaking news | Kenya news today | ...

Category: business
Now
@CapitalFMNews - By: Margaret Njugunah
Battle for data customers intensifies as Airtel gains subscribers in Q3

NAIROBI, Kenya, Jul 18 -    The battle for a pie of internet subscribers in Kenya continues to heat up as new entrants battle it out with established Kenya breaking news | Kenya news today | ...

Category: business
1 hours ago, 16:15
@CapitalFMNews - By: Wambui Waweru
The EU’s ‘tax lady’ strikes again

BRUSSELS, Belgium, Jul 18 - Her tough stance towards US firms has earned her the ire of President Donald Trump, but the EU's anti-trust chief Margrethe Kenya breaking news | Kenya news today | ...

Category: business
Our App