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State to effect new G-2-G rates next week after re-negotiations

The move is expected to lower fuel pump prices, help drive economic growth

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by MARTIN MWITA

Kenya09 April 2025 - 10:10
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An oil tanker sails into the Port of Mombasa /FILE

MOTORISTS and industries in the country are set to benefit from lower fuel pump prices after the government successfully re-negotiated the refined petroleum products import deal with the Gulf.

This is on the back of a much stable shilling which has rallied to a six-month high against the US dollar to stabilise at an average Sh129 in the past three months, making imports cheaper compatred to same period last year.

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