Petrol price to hit Sh130 as Treasury seeks to keep IMF happy

Nairobi motorists will pay a record Sh130.15 per litre of petrol or about Sh17.9 more beginning next month when petroleum products start attracting 16 per cent value added tax (VAT). Treasury principal secretary Kamau Thugge on Thursday confirmed that petroleum products will start attracting the tax on September 1 in line with Kenya’s promise toMore

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