The Matatu Owners Association announced an increase in fares in response to the recent surge in fuel prices. This decision is aims at helping matatu owners cover their escalating operational costs.
Commuters using routes within and around Nairobi can anticipate paying between Sh30 and Sh50 more during peak and off-peak hours.
Association Chairperson Albert Karakacha elaborated on the decision, stating, they had devised a way to increase fares.
“We have consulted members about the fuel increase, and they will immediately need to increase the fare,” Karakacha stated.
This comes barely a day after the Energy and Petroleum Regulatory Authority (EPRA) announced a substantial increase in fuel prices. As per EPRA’s latest update, the prices of Super Petrol, Diesel, and Kerosene have all witnessed notable upward revisions.
Specifically, the per-liter rates have risen by Sh16.96, Sh21.32, and Sh33.13, respectively. In Nairobi, this translates to retail prices of Sh211.64 for Super Petrol, Sh200.9 for Diesel, and Sh202.61 for Kerosene.
The increase in matatu fares reflects the real economic challenges faced by both commuters and matatu owners alike. With fuel prices showing no sign of abating, the burden of the additional costs will be passed on to passengers.
Kenyan households, many already struggling with the high cost of living, are likely to be impacted by the shift.
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