- One liter of petrol in Dar es Salaam is sold at TSh 2,793 (KSh 149.13) per liter, from TSh 2,898 (KSh 154.74) in December 2024
- The Tanzania Energy and Water Services Regulatory Authority reduced the price of diesel from TSh 2,779 (KSh 148.39) per liter to TSh 2,644 (KSh 141.18).
- In Kenya, one liter of petrol is sold for KSh 176.29, kerosene KSh 165.06 and diesel KSh 148.39 in the capital city of Nairobi
The Energy and Water Services Regulatory Authority in the country (EWURA) has reduced fuel prices for the month of January 2025, with prices showing that petrol is KSh 27 cheaper compared to Kenya.
Source: Getty Images
What are the oil prices in Tanzania?
Starting January 1, gasoline in Dar es Salaam will be sold at TSh 2,793 (KSh 149.13) per liter, from TSh 2,898 (KSh 154.74).
At the same time, EWURA reduced the price of diesel from TSh 2,779 (KSh 148.39) per liter to TSh 2,644 (KSh 141.18).
During the period under review, kerosene will be sold for TSh 2,676 (KSh 142.89).
“The Energy and Water Services Regulatory Authority has announced the highest prices for petroleum in the country, which will come into effect on Wednesday, January 1, 2025, at 12:01 am,” EWURA explained.
What are the fuel prices in Kenya?
The Energy and Petroleum Regulatory Authority (EPRA) announced new pump prices on Saturday, December 14, 2024.
In its review, the agency revised the price down, based on the new landing costs in the international market.
From December 15 to January 13, the price of one liter of petrol, kerosene and diesel was reduced by KSh 4.37, KSh 3 and KSh 3, respectively.
One liter of petrol is sold for KSh 176.29, kerosene for KSh 165.06 and diesel for KSh 148.39 in Nairobi.
In the country Tanzaniadiesel is cheaper at KSh 16.67, while kerosene costs KSh 5.5 less.
How tax increases fuel prices in Kenya
FX Pesa senior market analyst Rufas Kamau noted that the high taxes levied on fuel increased the cost of the commodity.
“The biggest fuel tax is VAT, which is KSh 29.98 per liter of premium petrol. Excise duty is second, with KSh 21.95 per liter of super petrol,” Kamau told TUKO.co.ke.
According to him, the high tax on petroleum products directly affects the output and reduces the economic output.
“Reducing such taxes would lead to increased consumption as people would have more money to spend on other goods, which would lead to increased production. Increased production would lead to higher tax revenues due to increased economic activity,” he explained.
What is Kenyan inflation?
The Kenya National Bureau of Statistics (KNBS) reported a slight increase in inflation in December 2024 to 3%.
Changes in the Consumer Price Index (CPI) were due to increases in food and non-food prices.
Prices of Liquefied Petroleum Products (LPG) or cooking gas also increased during the same period.
Editing by Asher Omondi, current affairs reporter and copy editor at TUKO.co.ke.
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