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Retail price of petrol up as Government prepares to impose VAT on fuels in September

A fuel attendant pumps fuel into a customer's car at the Kobil Petrol station,Koinange street,Nairobi. [Elvis Ogina.Standard]

Motorists will over the next month have to dig deeper into their pockets after the Energy Regulatory Commission (ERC) increased the pump price of super petrol by Sh1.50.

The latest price hike comes as a precursor to an even steeper increase in pump prices of all petroleum products, with the National Treasury set to start charging value added tax (VAT) on fuel next month.

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