The Kenyan government will review Value Added Tax on petroleum products and allocate Sh17 billion from the fuel stabilization fund to prevent sharp increases in fuel pump prices. In neighboring Tanzania, the energy regulator EWURA announced higher cap prices for petroleum products effective April 1, driven by escalating global supply disruptions from Middle East geopolitical tensions. These developments come as the Kenyan Shilling reached a significant milestone, averaging an exchange rate of 130 against the US Dollar, adding to import cost pressures.










