The Kenya National Chamber of Commerce and Industry (KNCCI) has warned that the recent fuel price increase could significantly impact Micro, Small, and Medium-sized Enterprises (MSMEs), potentially reducing their profit margins.

• The latest fuel price hike could cut MSME profit margins by 5pc to 15pc.
• KNCCI, led by President Dr Erick Rutto, issued the warning.
• The increase in diesel prices to Sh242.92 per litre and super petrol to Sh214.25 per litre in Nairobi is expected to trigger cost rises across various economic sectors.