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Speaking on Tuesday, Wandayi said Kenya's government-to-government (G2G) fuel import arrangement had shielded the country from supply disruptions and rising freight costs triggered by escalating military tensions around the Strait of Hormuz, one of the world's busiest oil shipping routes.
Food and non-alcoholic beverages recorded an annual inflation rate of 8.6 per cent, while transport costs increased by 16.1 per cent. Housing, water, electricity, gas and other fuels registered a 3.4 per cent rise over the same period.
Speaking on Radio Generation on Thursday, Khafafa said profitability among African airlines has become increasingly difficult due to rising operating costs and global pressures, particularly escalating fuel prices linked to geopolitical instability.
In its latest monthly review released on Sunday, the Energy and Petroleum Regulatory Authority (EPRA) said the revised prices were arrived at in accordance with Section 101(y) of the Petroleum Act, 2019 and Legal Notice No. 192 of 2022.
The Central Bank of Kenya said rising global inflation risks, driven mainly by the conflict in the Middle East, continue to influence domestic price trends and justify keeping the rate unchanged.
The survey indicates that concerns over taxes are increasingly intertwined with wider cost-of-living pressures
TIFA notes that although more people are beginning to report better conditions, the gains remain limited and have not yet changed the wider experience of most families.
Most Kenyans surveyed said the increase in fuel costs would have a direct effect on their daily expenses. Food and transport emerged as the biggest concerns.
The Ministry of Energy stated that fuel imports are arriving on schedule, storage levels remain stable, and distribution through the country’s supply chain is continuing without interruption.
Speaking on Radio Generation on Monday, Oyoo said Kenyans were yet to receive a clear explanation on how fuel prices are determined and how each levy contributes to the final retail cost.
Speaking on Friday during the launch of the Cherangany Ecosystem Restoration Programme at Tebe Grounds, Kapyego Ward, Elgeyo-Marakwet County, he said Kenya had planted 1.7 billion trees and spent billions stabilising fuel prices, while urging citizens to protect both the economy and environment.
Karakacha said the transport sector was satisfied with the outcome of the engagement and would continue working closely with the government as efforts to address challenges facing operators move forward.