oil prices Archives - Daily Chronicles

President Uhuru Kenyatta when he signed the five bills into laws.Image: STATE HOUSE President Uhuru Kenyatta on Monday at State House, Nairobi, signed into law five parliamentary bills among them 2022 Supplementary I Appropriation Bill (Supplementary Budget). He has also allocated a sum of Sh34,446,813,295 from the Supplementary Budget to the government fuel stabilisation programme aimed at cushioning Kenyans from the high cost of fuel. This comes as a relief to Kenyan motorists across the country who have been queuing for the past weeks as filling stations run out of fuel. Businesses have been hugely affected by the crisis even as the government maintained that there is enough fuel in the country. The increased prices in fuel commodities had been occasioned b...

Digital hailing cab, Bolt customers will have to dig deeper into their pockets to access the taxi services. This comes after the company increased their fare rates by at least 4 per cent. In a statement on Monday, the company said the increase was necessitated by the recent increase in fuel prices. The changes will be implemented in Nairobi as the company works to review fares across other towns. Bolt Eastern Africa Regional manager Kenneth Micah said the review will cushion their drivers against the increased furl prices. "We truly believe that happy drivers provide better quality service for customers. As such, we've been doing extensive reviews to ensure that we continue to provide the best earnings for drivers on our platform and remain the most affordable and prefe...

Tag: oil prices

Uhuru allocates Sh34b to Oil Marketers in New Supplementary Appropriation Bill

Bolt Increases Fare in New Revised Charges