The Online Kenyan

C

Originally published by Capital Business

📰 Read Full Article

business

April 17, 2026

4h ago

KNCCI warns of economic strain as high fuel costs hit transport sector

KNCCI warns of economic strain as high fuel costs hit transport sector

In a statement, KNCCI said rising pump prices—despite recent tax cuts—continue to drive up operating costs for businesses, threatening jobs, pushing up consumer prices, and eroding competitiveness. Kenya breaking news | Kenya news today |..

✨ Key Highlights

The Kenya National Chamber of Commerce and Industry (KNCCI) is warning of significant economic strain, particularly within the transport sector, due to persistently high fuel costs.

Operating costs for businesses have surged, threatening jobs and pushing up consumer prices, with transport fares rising by up to 25 percent.
Key organization involved: KNCCI, represented by its CEO KK Mutai.
Fuel prices remain elevated despite a recent VAT cut, reflecting global oil market pressures and geopolitical tensions impacting shipping routes.

Continue Reading

Read the complete article from Capital Business

📰 Read Full Article

Advertisement

Related News

Fuel Price Increase Sparks Outrage in Kisumu as Costs Hit Transport Sector

Fuel Price Increase Sparks Outrage in Kisumu as Costs Hit Transport Sector

Motorists and passengers in Kisumu are expressing outrage and confusion following a recent fuel price hike, contradicting previous government assurances of stable supply.

C

📰 Read Full Story

Ruto warns of economic risks as Hormuz conflict disrupts fuel supply

Ruto warns of economic risks as Hormuz conflict disrupts fuel supply

C

Citizen TV (Youtube)

KTDA warns tea Sector of major crisis as fuel hikes and Middle East conflict disrupt exports

KTDA warns tea Sector of major crisis as fuel hikes and Middle East conflict disrupt exports

K

KTN News (Youtube)

Kenya warned to brace for fuel price hikes amid Middle East conflict and economic strain

Kenya warned to brace for fuel price hikes amid Middle East conflict and economic strain

K

KTN News (Youtube)

Kenya Shilling Could Hit Ksh168, Economists Warn as War Fuels Dollar Surge

Kenya Shilling Could Hit Ksh168, Economists Warn as War Fuels Dollar Surge

The Kenyan Shilling is facing significant pressure and could plummet due to the ongoing Middle East war, leading to a surge in the U.S. dollar and increased cost of living.

K

📰 Read Full Story

Rift Valley residents feel the pinch as fuel costs disrupt transport and business sectors

Rift Valley residents feel the pinch as fuel costs disrupt transport and business sectors

K

KTN News (Youtube)

Advertisement