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The energy and petrol regulatory authority is set to announce new fuel prices tomorrow. The new prices are a result of the new Value-Added Tax on petroleum products, which has gone up to 16% from 8%, as per the Finance Act, of 2023. This will effectively increase the cost of fuel in the country by at least ten shillings, with a liter of super petrol expected to cost around Ksh 193 from this Saturday
Fuel prices projected to rise by at least Ksh. 10 per liter
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