The Online Kenyan Logo

The Online Kenyan

K
Originally published by Kenyans
📰 Read Full Article
top
March 26, 2026
1h ago

Mbadi Reveals Plans for Cheaper Fuel Amid Global Crisis

Mbadi Reveals Plans for Cheaper Fuel Amid Global Crisis

Several fuel vendors and stakeholders have raised concerns on return of subsidies, fuel shortages, and pricing mechanisms...

✨ Key Highlights

Kenya's Treasury plans to utilize the Petroleum Development Levy (PDL) to stabilize fuel prices, rejecting calls for direct subsidies.

  • The PDL, currently set at Ksh5.40 per litre, will be used to absorb costs and prevent sharp increases.
  • Treasury CS John Mbadi confirmed this approach, diverging from former government policies.
  • Industry players like the Petroleum Outlets Association of Kenya (POAK) warn of potential shortages, with an estimated 20% of stations already facing supply issues.

Continue Reading

Read the complete article from Kenyans

📰 Read Full Article
Advertisement

Related News

Why Mbadi is pushing for a cheaper 2027 General Election
3w ago

Why Mbadi is pushing for a cheaper 2027 General Election

Treasury Cabinet Secretary John Mbadi has urged the Independent Electoral and Boundaries Commission (IEBC) to reduce its proposed budget for the 2027 General Election, citing concerns over expenses and pending bills.

T
The Standard Business
📰 Read Full Story
Report reveals 37 percent of Kenyans facing hunger crisis
Video

Report reveals 37 percent of Kenyans facing hunger crisis

K
KTN News (Youtube)
1w ago
Global Fuel Prices Surge Ahead of EPRA Review
top3w ago

Global Fuel Prices Surge Ahead of EPRA Review

Global oil prices have surged, threatening to increase fuel costs in Kenya just weeks before the Energy and Petroleum Regulatory Authority (EPRA) reviews pump prices. This surge follows Iran's closure of the Strait of Hormuz, a critical shipping route for global oil and gas.

K
Kenyans
📰 Read Full Story
President Ruto Assures Kenyans of Fuel Stability Amid Middle East Crisis
New
top1h ago

President Ruto Assures Kenyans of Fuel Stability Amid Middle East Crisis

President William Ruto has reassured Kenyans that the government has implemented measures to secure fuel and commodity supplies amidst rising Middle East tensions.

C
Capital News
📰 Read Full Story
CBK Reveals Plans for Easy Loan Access With More Cuts in Lending Rates
top4w ago

CBK Reveals Plans for Easy Loan Access With More Cuts in Lending Rates

CBK Governor said that the indications point to the possibility of an 11th straight cut, with the benefit set to trickle down to personal loans, business financing, and mortgages.

K
Kenyans
📰 Read Full Story
Advertisement