C
Originally published by Capital Newstop
May 18, 2026
1d ago
Mbadi pleads for ‘consensus’, says transport strike will hurt the economy
Treasury CS John Mbadi warns Kenya’s transport strike and fuel price surge could worsen economic pressure as EPRA hikes diesel to Sh242.92 in Nairobi...
✨ Key Highlights
Treasury Cabinet Secretary John Mbadi has urged for a consensus on fuel price stabilization measures, warning that the ongoing transport strike, triggered by record-high fuel prices, will further harm Kenya's economy.
- Diesel prices have reached a historic high of Sh242.92 per litre in Nairobi, with Petrol at Sh214.25.
- The ongoing matatu strike is criticized for potentially worsening economic conditions.
- Mbadi defended the government's interventions, including tax adjustments and the Petroleum Development Levy, attributing the crisis to global supply chain disruptions.
Continue Reading
Read the complete article from Capital News
Advertisement
Related News
Advertisement