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The Kenya Revenue Authority (KRA) has flagged a suspicious spike in the shipment of fuel meant for exports amid fears that marketers are dumping the cargo in the local market to evade taxes.
Households and businesses increased their consumption of cooking gas in the six months ended December by 9.1 percent, defying a sharp increase in the price of the commodity in the review period.
Crude oil prices have fallen sharply in the past two weeks on concerns over possible decline in global demand due to the Omicron variant of Covid-19.
A persistent surge in the global prices of cooking gas points to more inflationary pain for Kenyan households already grappling with higher bills.