Kenya cuts Diesel, Kerosene Excise Tax to curb Price Impact of rising oil

[Mlachake]

Kenya’s government reduced the excise tax on diesel and kerosene to help “cushion the impact” of rising fuel prices, Finance Minister Uhuru Kenyatta said.

The duty on kerosene will decline 30 percent and the tax on diesel will fall 20 percent, Kenyatta told reporters today in Kenya’s capital, Nairobi.

“We are reducing our revenues to help ease the problem,” he said.

Consumer groups plan demonstrations in Nairobi tomorrow to highlight the rising cost of living, after inflation in East Africa’s largest economy climbed for the fifth straight month in March to 9.19 percent compared with government’s 5 percent target. Kenya increased the maximum retail price on regular gasoline by 7.2 percent to 108.16 shillings a liter from April 15 because of higher global crude costs.

The turmoil in oil-producing nations is “clearly beyond our control,” Kenyatta said.

In neighboring Uganda, authorities arrested protesters and fired tear gas and rubber bullets to break up a series of protests since April 11 against rising prices.

 

[Jidu]

Kenya's government reduced the excise tax on diesel and kerosene to help "cushion the impact" of rising fuel prices, Finance Minister Uhuru Kenyatta said.

The duty on kerosene will decline 30 percent and the tax on diesel will fall 20 percent, Kenyatta told reporters today in Kenya's capital, Nairobi.

"We are reducing our revenues to help ease the problem," he said.

Consumer groups plan demonstrations in Nairobi tomorrow to highlight the rising cost of living, after inflation in East Africa's largest economy climbed for the fifth straight month in March to 9.19 percent compared with government's 5 percent target. Kenya increased the maximum retail price on regular gasoline by 7.2 percent to 108.16 shillings a liter from April 15 because of higher global crude costs.

The turmoil in oil-producing nations is "clearly beyond our control," Kenyatta said.

In neighboring Uganda, authorities arrested protesters and fired tear gas and rubber bullets to break up a series of protests since April 11 against rising prices.

At last they can sense the burden to the citezens,But Chama cha magamba still not awake!

 

[Wambandwa]

Kwetu Waziri wa Fedha anatwambia tuishi kwa jasho letu wakati wao wanamaintain maisha ya anasa kwa mgongo wa mlalahoi!

 

[Shapu]

Hapa bongo ndo kwanza wahusika wako likizo mwendo mdundo!!

 

[Utingo]

Kwetu Waziri wa Fedha anatwambia tuishi kwa jasho letu wakati wao wanamaintain maisha ya anasa kwa mgongo wa mlalahoi!

mu mwenyewe hana elimu bali cheti feki alichonunua kutoka stationery moja iliyoko jimbo la connecticut marekani (almeda university) unadhani anaweza kuwa na "tools of analysis?" kichwani mwake?

 

[BONGOLALA]

huo ndio utawala bora!Tanzania serikali inategemea kodi za mafuta,bia na sigara.60% ya bei ya mafuta kwa lita ni kodi za govt!yani sh 1300 kodi.jee kwa jinsi hiyo biashara ya vidumu vya mafuta toka kenya si itaanza tena?na gharama za uzalishaji bidhaa za kenya itapungua sana!waziri wetu wa east africa anasemaje juu ya athari ya uchumi kwa wanachama wengine?

 

[Mlachake]

huo ndio utawala bora!Tanzania serikali inategemea kodi za mafuta,bia na sigara.60% ya bei ya mafuta kwa lita ni kodi za govt!yani sh 1300 kodi.jee kwa jinsi hiyo biashara ya vidumu vya mafuta toka kenya si itaanza tena?na gharama za uzalishaji bidhaa za kenya itapungua sana!waziri wetu wa east africa anasemaje juu ya athari ya uchumi kwa wanachama wengine?

60% Jodi? They have to do something.
Hii serikali inahitaji kubadilishwa jamani.

 

[Nanu]

TZ Govt can't do anything. There is no money though we are leading for Gold and other minerals mining in the community!!!!