• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Monday, September 8, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Kenya’s fuel taxes beat South Africa, US on higher VAT

Kenya

The Matters Press by The Matters Press
July 12, 2023
Reading Time: 1 min read
0
East Africa braces for pain at the pump as Riyadh cuts production

Kenya has joined the league of countries collecting the highest taxes on fuel, calculated as a percentage of the final price, overtaking bigger economies such as the US and South Africa.

RELATED POSTS

‎Tinubu’s export ban on raw shea nuts will position Nigeria for $3bn annual revenue-TSF

‎IMF, IFC commendation for Nigeria’s economic recovery, evidence of success of Tinubu’s economic reforms – TDF

‎TMSG welcomes halt in oil theft on pipelines taking crude to export terminals

An analysis by the Business Daily shows that taxes in Kenya now account for 40 percent of the cost of every litre of super petrol and diesel, compared to 14 percent in Illinois State— the state with the highest fuel taxation in the US— and South Africa at 30 percent. Ethiopia does not tax fuel.

Though Tanzania has the cheapest fuel in the region, the ratio of taxes as a percentage of the pump price ties with Kenya at 40 percent.

Kenya charges seven levies and two taxes on fuel and last week doubled Value Added Tax (VAT) on the commodity to 16 percent, further increasing the taxation component for every litre of super petrol, diesel and kerosene.

A litre of super petrol and diesel jumped to Ksh195.53 ($1.39) and Ksh179.67 ($1.27) respectively in Nairobi in the wake of the imposition of the new VAT rate from the start of this month against the backdrop of public outrage over the heavy taxation of fuels.

President William Ruto defended the decision to double VAT despite it having triggered a fresh surge in the cost of living given that Kenya’s economy heavily relies on diesel.

“We are not overtaxing ourselves. But to balance it out, as we add eight percent on the same fuel, I have removed the Railway Development Levy (2.0 percent) and Import Declaration Fee (3.5 percent),” Dr Ruto said recently.

The EastAfrican

Tags: Kenya
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Nigeria targets $1.2bn export capacity for every state
Economy/Technology

‎Tinubu’s export ban on raw shea nuts will position Nigeria for $3bn annual revenue-TSF

September 2, 2025
Nigerians to own brand new vehicles, goods through new credit scheme initiative
Economy/Technology

‎IMF, IFC commendation for Nigeria’s economic recovery, evidence of success of Tinubu’s economic reforms – TDF

September 2, 2025
Nigeria regains top crude oil production spot in Africa
Energy

‎TMSG welcomes halt in oil theft on pipelines taking crude to export terminals

August 28, 2025
Who is lying, Obasanjo or NAN?
News

‎Group dismisses Obasanjo’s labelling of Tinubu’s administration as inefficient

August 28, 2025
Obasanjo campaigns for AfCFTA
News

Tinubu succeeding where Obasanjo failed woefully, says TMSG

August 28, 2025
Tinubu explains mission as he marks second year in office
Economy/Technology

‎Tinubu in fresh ideas to grassroots-development using 8,809 wards initiative – TMSG ‎

August 9, 2025
Next Post
Stakeholders brainstorm on Nigeria’s energy transition plan

UNIDO, Shell, TotalEnergies endorse clean energy investments

We have nothing to hide – NNPC

Navy uncovers sabotaged NNPC’s wellhead in Rivers

Recommended Stories

Flour millers to establish wheat procurement centres in 15 states

50,000 wheat farmers to benefit from FMAN’s yield support

February 17, 2023
Nigeria to allocate $200m for creation of agricultural service centres

Nigeria commits to dry season farming to increase food production

February 6, 2024
Print more money or allow old, new notes to float, Council of state tells Buhari

Print more money or allow old, new notes to float, Council of state tells Buhari

February 11, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • ‎Tinubu’s export ban on raw shea nuts will position Nigeria for $3bn annual revenue-TSF
  • ‎IMF, IFC commendation for Nigeria’s economic recovery, evidence of success of Tinubu’s economic reforms – TDF
  • ‎TMSG welcomes halt in oil theft on pipelines taking crude to export terminals

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us