@CapitalFMNews

Petrol price drops marginally, diesel and kerosene up in March fuel review

9 months ago, 14 Mar 11:39

By: Kennedy Kangethe

uper petrol is down by Sh0.46 to now retail at 107.46 while diesel will retail at Sh97.86 while Kerosene hits Sh77.45 in Nairobi which is the mean average of fuel prices. Over the same period, the mean monthly US Dollar to Kenya Shilling exchange rate appreciated by 1.21 percent from Sh102.68 per US $ in January 2017 to Sh101.44 per US$ in February 2018. “The purpose of the fuel pricing regulations is to cap the pump prices of the products which are already in the country so that the importation and other prudently incurred costs are recovered, while ensuring reasonable prices to consumers,” said ERC Director General Robert Oimeke. Oimeke adds that the improved efficiencies in the pipeline have saved consumers Sh0.16 per super petrol
Read More


Category: business

Suggested

8 minutes
@AfricaNews - By: Abdur Rahman Alfa ...
Kenya's wildlife prominent on new coins unveiled by central bank | Africanews

The inscriptions on either side of the coins are in English and Kiswahili - the official languages of the country. They have since been gazetted and are in use. ...

Category: africa africa_business business news
3 hours ago, 09:18
@BusinessDaily - By: Brian Ngugi
Kenya Power pays Sh14.6bn to diesel electricity firms

Payments mainly attributed to poor weather that affected hydro power generation as well as increases in international oil prices. ...

Category: business lifestyle news
8 minutes
@AfricaNews - By: Content Provided ...
Egypt to promote intra-African trade: Sisi | Africanews

Egypt, which seeks to be a model of economic reform, hosted a high-level business forum on Saturday and Sunday in the Red Sea resort of Sharm el-Sheikh that will be followed by an intra-African trade ...

Category: africa africa_business business news topnews
3 hours ago, 09:49
@BusinessDaily - By: Afp
Google+. The end.

The Google+ social network will close in April -- four months earlier than planned. ...

Category: business markets news
8 minutes
@BusinessDaily - By: Walter Menya
Seven more senior KPC managers arrested

Seven bosses held over loss of public funds totalling more than Sh660 million in the October 2014 procurement of 58 Hydrant Pit Valves ...

Category: business news
1 hours ago, 11:12
@BusinessDaily - By: Constant Munda
CBK launches new Kenyan currency

The new currency coins will circulate alongside existing ones. ...

Category: business news

@CapitalFMNews

Petrol price drops marginally, diesel and kerosene up in March fuel review

9 months ago, 14 Mar 11:39

By: Kennedy Kangethe
uper petrol is down by Sh0.46 to now retail at 107.46 while diesel will retail at Sh97.86 while Kerosene hits Sh77.45 in Nairobi which is the mean average of fuel prices. Over the same period, the mean monthly US Dollar to Kenya Shilling exchange rate appreciated by 1.21 percent from Sh102.68 per US $ in January 2017 to Sh101.44 per US$ in February 2018. “The purpose of the fuel pricing regulations is to cap the pump prices of the products which are already in the country so that the importation and other prudently incurred costs are recovered, while ensuring reasonable prices to consumers,” said ERC Director General Robert Oimeke. Oimeke adds that the improved efficiencies in the pipeline have saved consumers Sh0.16 per super petrol
Read More

Category: business

Suggested

8 minutes
@AfricaNews - By: Abdur Rahman Alfa ...
Kenya's wildlife prominent on new coins unveiled by central bank | Africanews

The inscriptions on either side of the coins are in English and Kiswahili - the official languages of the country. They have since been gazetted and are in use. ...

Category: africa africa_business business news
3 hours ago, 09:18
@BusinessDaily - By: Brian Ngugi
Kenya Power pays Sh14.6bn to diesel electricity firms

Payments mainly attributed to poor weather that affected hydro power generation as well as increases in international oil prices. ...

Category: business lifestyle news
8 minutes
@AfricaNews - By: Content Provided ...
Egypt to promote intra-African trade: Sisi | Africanews

Egypt, which seeks to be a model of economic reform, hosted a high-level business forum on Saturday and Sunday in the Red Sea resort of Sharm el-Sheikh that will be followed by an intra-African trade ...

Category: africa africa_business business news topnews
3 hours ago, 09:49
@BusinessDaily - By: Afp
Google+. The end.

The Google+ social network will close in April -- four months earlier than planned. ...

Category: business markets news
8 minutes
@BusinessDaily - By: Walter Menya
Seven more senior KPC managers arrested

Seven bosses held over loss of public funds totalling more than Sh660 million in the October 2014 procurement of 58 Hydrant Pit Valves ...

Category: business news
1 hours ago, 11:12
@BusinessDaily - By: Constant Munda
CBK launches new Kenyan currency

The new currency coins will circulate alongside existing ones. ...

Category: business news
Our App