All posts tagged: fuel prices

Houthis are Tampering with and Raising the Prices of Oil Derivatives Instead of Reducing Them, They are Not Deterred

On Thursday, 10/2/2022, people woke up to the price rise of petrol by the Oil Company from 8,500 riyals to 9,900 riyals for a 20-liter tank, despite the fact that the ship’s detention period did not exceed 20 days compared to its predecessors, which exceeded months, with fines added to it on top of the […]

Fuel Price Shocker: A Systemic Failure of Capitalist –Tax System

As always expected, once again, fuel prices have risen to astronomical level in Kenya’s history after the State discontinued a subsidy scheme introduced in April to ease public outrage over the high cost of living. The energy regulator — Energy and Petroleum Regulatory Authority (Epra) — removed subsidies of Sh7.10 on petrol, Sh9.90 on diesel […]

The Transitional Government Abolishes Customs Dollar,Continuing to Implement the Policies of its Masters as a Strain on the People of Sudan

On Tuesday, 22/6/2021, the Transitional Government abolished its customs dollar exchange rate which is used to evaluate imported goods. Under the decision, importers must pay the value of goods and commodities to customs at the current exchange rate of 430 Sudanese pounds to one dollar, whereas previously the calculation was made on the basis of […]