the pump in Kenya
about to rise again
This was announced here by KenolKobil Limited “’ Africa’s fastest growing indigenous oil marketing conglomerate “’ which has an expansive investment portfolio spanning the entire eastern, central and southern parts of the African continent.
The Group has subsidiaries in eight African countries outside its head office in Kenya, including; Uganda, Tanzania, Rwanda, Zambia, Ethiopia, Burundi, Zimbabwe and Mozambique.
Kenyan fuel costs have jumped more than 20% since December, when the country re-introduced price controls. The latest increase on 14 July took petrol to 115.46 shillings (US$1.24) a liter.
The Kenyan Energy Regulatory Commission is scheduled to announce fuel prices for August within the week.