Kenya cuts diesel and kerosene prices

Kenya’s energy
regulatory body lowered the price of diesel and kerosene slightly on
Tuesday after the finance ministry cut excise tax on the two products
last month, but the regulator left petrol prices unchanged.

The Energy
Regulatory Commission said the new prices would come into effect on May
4. Fuel prices can have a significant impact on the rate of inflation
in east Africa’s biggest economy as many people rely on kerosene for
lighting and cooking.

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