Kenyans will have to pay more for bus fare beginning September 1
The hike in fares has been occasioned by soon-to-be increased prices of fuel.
Matatu Owners Association (MOA) chairman Simon Kimutai told Daily Nation that the hike in fares will be rolled out only when the government implements its 16% tax levy on petroleum products.
Commuters will have to grapple with an extra Sh10 to Sh30 once the fare prices are increased according to Kimutai adding that this will depend on the route one is traveling to.
“The cost is always incurred by anyone who is seeking a service and so the fare increment will be countrywide. The moment the pump prices go up, we will adjust our fares as the levy on fuel translates to an added cost to matatu operators,” said the MOA chairman.
Treasury CS Henry Rotich in June this year, while reading his budget statement noted that government will institute a 16 percent VAT on all petroleum products.
Initially, petroleum products were not subjected to 16 percent VAT. Petrol prices will increase by Sh17.9 per litre while diesel prices will increase by Sh16.5 per litre.