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Private sector under pressure as fuel prices hit demand

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Citizen TV (Youtube)
May 6, 2026
1mo ago
The private sector remained under pressure in April, as rising fuel prices linked to the conflict in the Middle East pushed up business costs and weakened consumer spending. The latest Stanbic Bank Kenya PMI shows business conditions contracted for a second straight month, with f

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Wandayi says fuel shortage resolved, cites technical hitch - May 2026

Energy and Petroleum Cabinet Secretary Opiyo Wandayi has announced that the recent fuel shortage has been resolved, attributing it to an "administrative and technical hitch". However, Kenyans are expressing widespread frustration over a persistent fuel shortage across the country, with Nairobi and other major towns reportedly affected. Several Kenyan towns are experiencing a severe fuel shortage, disrupting daily life and economic activities. Additionally, the private sector in Kenya faced significant pressure in April as escalating fuel prices, influenced by the Middle East conflict, led to increased business expenses and a downturn in consumer spending. Meanwhile, many petrol stations are reportedly running dry despite government assurances.

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