Kenyans will be forced to dig deeper into their pockets to meet travelling cost as Matatu plan to hike the fare price.
The Matatu Owners Association (MOA), which represents the industry's key players, recently convened a forum in Nairobi, the results of which point to imminent increases in matatu fares.
“Anytime from now, we will be increasing bus fares across the country. It is not our wish to do so but we see this as an avenue to pressure the government to respond to higher fuel costs and a greater cost of living,” James Omwa- the Secretary to MOA in Kisumu County said.
According to the most recent review by the Energy and Petroleum Regulatory Authority (EPRA), the price of petrol and diesel rose by ksh5.00 per litre, except for kerosene, which will remain constant.
“In accordance with Section 101(y) of the Petroleum Act 2019, Legal Notice No.196 of 2010 and Legal Notice No. 26 of 2012, EPRA Kenya has calculated the maximum retail prices of petroleum products which will be in force from 15th March to 14th April 2022,” said EPRA.
According to Epra, the actual pump price for super petrol is Sh155.11, which means the State has spent Sh20.39 cushioning consumers against a sharp increase.©Standard Gazette, 2021. Unauthorized use and/or duplication of this material without express and written permission from this site’s publisher is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Standard Gazette with appropriate and specific direction to the original content.