Do not mistake stabilisation fund for subsidy

Confusion abounds over the government's decision to cushion Kenyans from the volatility of petroleum prices. The country's energy regulator EPRA has, in its latest price review, opted not to increase fuel prices. This is even as landed costs for the same go up. Some have called this move a reintroduction of subsidies previously withdrawn by the Kenya Kwanza administration. Others have described it as part of a stabilisation mechanism as provided for by Kenyan law.