00:00More misery at the pump for Kenyans as the government raised the maximum retail price of petrol and diesel on
00:06Wednesday.
00:07With the country relying on the Middle East region for nearly all its fuel supplies,
00:11it's high to petrol prices by 6% and diesel by 4.5%.
00:16The cost of kerosene used for cooking, lighting and some electricity generation has also been increased.
00:23Escalating attacks on energy infrastructure in the Middle East has impacted fuel and oil production,
00:27while threats to shipping have affected deliveries worldwide.
00:32The energy regulator said the government extended a reduction in value-added tax on fuel to 8% from 16
00:38% until the 14th of January.
00:41Kenya's transport operator sector has warned of ripple effects on consumers following the increased fuel prices.
00:48Higher pump costs will also put renewed pressure on household spending and businesses that depend on diesel power distribution and
00:55equipment.
00:55It is widely used in freight transport, agriculture, construction and backup power generation.
01:03In May this year, Kenyans and motorists took to the streets to protest against a similar fuel price hike.
