Vivo Energy leads Sh279bn tax windfall from oil firms
Nairobi, Aug. 21 -- Vivo Energy accounted for nearly a quarter of the Sh278.6 billion in taxes and levies that oil marketers paid in the 10 months to April 2026, even as the overall fuel tax collections dipped because of a lowered Value Added Tax (VAT) rate on petroleum products.
An analysis shows that Vivo paid Sh64.28 billion to the Kenya Revenue Authority (KRA) in the period, or 23 percent of the total levies and taxes paid by all oil marketers.
Vivo's tax payments reflect its fuel sales that accounted for 23.2 percent of the 4,269,742,780 litres of diesel, petrol and dual-purpose kerosene sold in Kenya in the period under review.
Tax collections in the period could have been higher had the State not halved VAT on fuel to eight perc...
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