Weakening shilling drives up Nairobi Expressway toll fee ahead of launch

Motorists will pay up to Sh350 more to use the Nairobi Expressway after the government reviewed the toll charges to match the strengthening of the dollar in the past one year.

Motorists using the road that links Mlolongo to the Nairobi-Nakuru highway via Jomo Kenyatta International Airport (JKIA) will pay between Sh120 and Sh1,800, up from the previous rates of between Sh100 and Sh1,550.

The government increased the charges to cushion the Chinese investor funding the road against exchange losses in the wake of the shilling weakening to record lows against the dollar.

The new rates are based on the dollar trading as at last December which was Sh113.14 up from Sh103.79 in a similar period in 2020.

Via Business Daily