The Standard Group Plc is a multi-media organization with investments in media
platforms spanning newspaper print operations, television, radio broadcasting,
digital and online services. The Standard Group is recognized as a leading
multi-media house in Kenya with a key influence in matters of national and
international interest.
Vehicles drive past Kobil Petrol station along Kimathi street. [Elvis Ogina,Standard]
The proposal to increase value-added tax (VAT) on fuel has reignited concerns over the high taxes on petroleum, with Kenyans holding the view that the products are the first port of call whenever the government is seeking to grow revenues.
Motorists are currently paying Sh63.86 as taxes and levies per litre of super petrol, which accounts for 36 per cent of the retail price of the fuel at Sh179.3 a litre in Nairobi.
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