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Treasury Uses Petroleum Levy to Stabilize Fuel Prices - March 2026
Kenya's Treasury CS John Mbadi has ruled out new taxes in the Finance Bill 2026, shifting focus to improving revenue collection efficiency by the Kenya Revenue Authority. The Treasury plans to utilize the Petroleum Development Levy (PDL) to stabilize fuel prices, rejecting calls for direct subsidies. Meanwhile, Vivo Energy Kenya is addressing temporary fuel shortages across its network, attributing the issue to an unexpected surge in customer demand. President William Ruto has also reassured Kenyans that the government has implemented measures to secure fuel and commodity supplies amidst rising Middle East tensions.
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Vivo Energy Kenya Cites High Demand for Temporary Fuel Shortages at Shell Stations
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