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Paint prices set to increase due to recent kerosene taxes

[Photo: Courtesy]

Crown paints Kenya has said that the price of its products will increase by eight percent as from next week. This is due to a 10 percent increase in its production cost.

Retail price for paraffin has risen from Sh84.95 to Sh108.41 following the recent increase in price of adulteration of kerosene per litre to Sh18 as a result of imposition of recent eight percent value added tax. The move has made kerosene sell more than diesel which trades at Sh108.12 a litre.

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