Bread Prices Shoot Up
Loaves of bread being baked at a bakery
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Kenyans are set to dig deeper into their pockets after the prices of bread, which is a staple on many Kenya breakfast tables, shot up.
A report by
Business Daily on Wednesday, January 20 indicated that almost all bread makers had increased their prices with as high as Ksh5.
It is the first time the price of the basic commodity has been increased in four years largely because of the increase in wheat prices.
The increase means that a Ksh50 loaf of bread will now retail at Ksh55 while that going at Ksh70 will increase to Ksh75.
THE STANDARD By
Fredrick Obura |
January 14th 2021 at 17:05:20 GMT +0300
NAIROBI, KENYA: Consumers of Diesel and Kerosene will dig deeper into their pockets following Thursday s adjustment of the products by Sh4.57 and Sh3.56 per litre respectively.
In Nairobi Diesel will retail at Sh96.40 per litre while Kerosene will be sold at Sh87.12 per litre, Super Petrol will retail at Sh 106.99 its price having been adjusted by Sh0.17 per litre.
According to the Energy Petroleum Regulatory Authority (EPRA), the changes in this month’s prices are a consequence of the average landed cost of imported Super Petrol increasing by 1.51 per cent from US dollar318.71 per cubic metre in November last year to US dollar 323.52 per cubic metre in December last year.
THE STANDARD By
Fredrick Obura |
December 14th 2020 at 21:23:52 GMT +0300
NAIROBI, KENYA: Kenyans will pay more for fuel prices beginning Monday midnight following adjustment cutting across Kerosene, Super Petrol, and Diesel.
The Energy and Petroleum Regulatory Authority (EPRA) increased the prices of Petrol and Diesel by Sh0.97 and Sh1.12 per litre respectively, Kerosene price will go up by Sh1.93 per litre effective midnight.
The prices are inclusive of the 8 per cent Value Added Tax (VAT) in line with the provisions of the Finance Act 2018, the tax laws (amendment) act 2020, and the revised rates for excise duty adjusted for inflation.
The adjustments come as commodity dealers warned Kenyans to get ready for higher fuel prices in the coming months following the weakening shilling against the US dollar and an anticipated increase in demand.