KNCCI calls for review of fuel taxes and levies amid diesel price shock

KNCCI has urged the government to rationalize fuel taxes and improve logistics efficiency after sharp diesel price increases raised concerns over business costs and competitiveness. - Kenya breaking news | Kenya news today | Capitalfm.co.ke..

✨ Key Highlights

The Kenya National Chamber of Commerce and Industry (KNCCI) is urgently calling for a review of fuel taxes and levies, especially on diesel, due to soaring prices that threaten business sustainability and increase the cost of living.

Diesel prices in Nairobi surged by Sh46.29 to Sh242.92 per litre, a 23.5% increase, while petrol rose by Sh16.65 to Sh214.25.
Key organization involved: KNCCI, led by President Dr Erick Rutto.
KNCCI also highlighted that domestic cost build-ups are amplifying the impact of global crude oil price hikes, worsening the burden on consumers and businesses.

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