African Motorists Brace for Impact as Fuel Prices Skyrocket Amid Hoarding Fears

Published 4 hours ago2 minute read
Pelumi Ilesanmi
Pelumi Ilesanmi
African Motorists Brace for Impact as Fuel Prices Skyrocket Amid Hoarding Fears

Motorists in Kenya are set to face significantly higher fuel costs following the latest price review by the Energy and Petroleum Regulatory Authority (EPRA), effective from April 15 to May 14, 2026. According to the regulatory body, the maximum retail price of Super Petrol has increased by Sh28.69 per litre, while Diesel has seen an even sharper rise of Sh40.30 per litre. The price of Kerosene, however, remains unchanged during this review period.

This latest price hike is expected to put further strain on the cost of living for Kenyans, with transport and various commodity prices likely to escalate in the coming weeks. One of the factors cited for these increases, as per initial reports, is the direct impact of the US war on Iran, signalling global geopolitical events affecting local fuel prices.

The price review comes amidst recent concerns regarding an artificial fuel shortage in certain parts of the country. A parliamentary probe into the matter revealed that Kenya actually possesses sufficient petroleum stocks, shifting the focus to potential fuel hoarding by individual businesses. These businesses were reportedly awaiting EPRA's latest fuel review, creating supply disruptions across several regions.

In an effort to mitigate the impact on consumers, the government plans to utilize Sh5 billion from the Petroleum Development Levy (PDL) Fund. Despite these increases, EPRA confirmed that the Value Added Tax (VAT) on Super Petrol, Diesel, and Kerosene has been maintained at the same rate as the previous cycle.

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