In the wake of surging fuel prices, Kenyans are about to feel the squeeze in their wallets, as Matatu operators have just unveiled an increase in fares.
The Kenya Matatu Owners Association, in an announcement made on Friday, revealed that commuters can expect a fare hike of Sh30 to Sh50 during both peak and off-peak hours in the areas around Nairobi and its suburbs. For instance, passengers who were accustomed to paying Sh100 during peak hours will now see that fare rise to a range of Sh120 to Sh150.
This increase, according to the association, is primarily intended to safeguard their businesses from the adverse consequences of the new fuel prices, which have recently soared to an unprecedented high of Sh200 per litre, marking a historic milestone for Kenya.
This decision comes on the heels of the Energy and Petroleum Regulatory Authority (EPRA) raising the prices of petrol, diesel, and kerosene by Ksh16.96, Ksh21.32, and Ksh33.13 per litre, respectively, on Thursday. Consequently, these fuels will now be available to consumers at Ksh211.64, Ksh200.99, and Ksh202.61 per litre in Nairobi.
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