Updated
Updated · Bloomberg · May 19Kenya Cuts Diesel Prices 7% After Deadly Fuel Cost Protests
3 articles · Updated · Bloomberg · May 19
- Kenya lowered diesel prices by 7% on Tuesday, aiming to relieve transport operators and households hit by rising fuel costs.
- The Energy and Petroleum Regulatory Authority said the cut followed a petition from public transport sector operators seeking relief.
- The move came after deadly protests over surging fuel prices, with authorities trying to contain broader unrest tied to the rising cost of living.
Is Kenya's fuel price cut a real solution or a path to a deeper economic crisis? Was Kenya's deadly fuel crisis secretly manufactured by its own corrupt officials?