Kenyans have heaved a sigh of relief after the prices of LPG, which is mainly used by households for cooking dropped by between Sh100 and Sh250.
This comes after the government slashed the Value Added Tax (VAT) on cooking gas by half from 16 per cent to 8 per cent.
The VAT was revised after the enactment of the Finance Act, 2022, which occasioned the price cut, coming at a time many Kenyan families are grappling with the high cost of living.
The new retail prices were announced on Monday even though the VAT review was effected a fortnight ago.
Since the announcement of the price cut, National Oil Corporation outlets in Nairobi have adjusted their prices to Sh1400 from SH1500 for refilling a 6kg while the 13kg cylinder can now be refilled at Sh3050 from Sh3250.
Read More
This is yet another win for Kenyan consumers who have been writhing under the weight of the rising cost of living, since the reduction of the price of maize flour.