New Cooking Gas Prices Following Intervention By President Uhuru to Reduce the Cost
It’s a relief to Kenyans after president Uhuru Kenyatta signed a bill that will see the price of cooking gas reduce by 8 percent compared to the initial 16 percent VAT charge.
The move comes at a period when kenyans are going through difficult economic times due to the rise in the price of essential commodities.
Currently a 6 kilogram can retails at 1650 while that of a 13 kilogram cylinder goes at 3500.
The signing of this Financial Act will see the the price of both the 6 and 13 kilogram cylinder reduce by 230 kenyan shillings.
The bill to have the VAT charge reduced by half was introduced by Kikuyu Member of Parliament Kimani Ichung’wah.
Kenyans will be eagerly waiting for the introduction of the new prices but the decision to reduce the cost remains with the sellers. The current prices will be in use until the VAT slash reflects on the acquisition prices.
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