VituVingiSana;
The Director General was even on TV yesterday where he said consumers should expect lower fuel prices due to currency being stable at ksh.102 to the dollar and falling oil prices.
He stated that only diesel had it's excise duty raised by ksh.2 as I have quoted.
For cargoes that landed in January;diesel will continue being subjected to the new excise duty while super and kerosene will have no effect.All diesel cargoes in December and January will be subjected to the new excise duty.
For the 16% VAT that will take effect in september and will affect mostly cooking gas.This was removed sometimes back when gava wanted to encourage it's consumption and reduce destruction of forests/use of charcoal for cooking.
The article on business daily is very misleading;I stopped trusting that newspaper as their news is normally vague.
To summarise and answer your last questions;
1.Diesel all cargo will be subjected to the new excise duty,VAT hakuna.
3.Fuel prices are expected to reduce since the reduction in international crude oil prices outweighs the impact of the marginal increase in excise duty for diesel.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle