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Rising Fuel Prices, Higher Taxes to Push Up Kenya, Uganda Inflation

Rising Fuel Prices, Higher Taxes to Push Up Kenya, Uganda Inflation

Kenya and Uganda face a higher cost of living in the second half of this year, driven by a surge in fuel prices, increased taxation and weakened local currencies. Reports by their respective central banks have said that this will translate to higher import bills. In Kenya, goods and services prices will be pushed up […]

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