President William Ruto has announced an immediate review of the Insurance Act and the Auctioneers Act, with the process expected to be concluded within three months as part of wider reforms aimed at addressing concerns raised by the transport sector.
Speaking on Thursday, May 22, 2026, at State House, Mombasa, after consultations with transport sector stakeholders, the President said the review will seek to establish a more responsive and fair framework for players in the sector.
“I have further directed that an immediate review of both the Insurance Act and the Auctioneers Act be undertaken and concluded within the next three months in order to establish a more responsive and fairer framework for players within the sector,” Ruto said.
The Head of State also unveiled a series of interventions aimed at easing pressure on the transport sector following days of unrest linked to rising fuel prices, as public transport operators called off a nationwide strike after talks at State House.
Ruto said the government had heard the concerns raised by operators, drivers and logistics workers, and would continue engaging stakeholders to develop practical solutions.
“To our transport operators, drivers, and logistics workers, we hear your concerns, we respect the important role you play in keeping our economy moving, and we will continue engaging you to find practical solutions. No Kenyan should feel abandoned in this moment,” he said.
As part of the measures, the President directed the Ministry of Transport to engage financial institutions to explore temporary relief on lending terms for transport operators affected by the fuel price crisis.
He also instructed the National Transport and Safety Authority (NTSA) to engage digital taxi platforms and drivers to develop regulations on minimum fares and address long-standing disputes in the ride-hailing sector.
“Recognising the important role of creativity and self-expression within our transport culture, I have directed NTSA to facilitate an enabling environment for matatu operators to continue utilising artwork and graffiti on their vehicles in a manner that upholds safety and respect for other road users,” Ruto said.
The President said the government will continue working with stakeholders across the transport sector to develop sustainable solutions aimed at protecting livelihoods and supporting economic activity.
Meanwhile, the Federation of Public Transport Sector officially called off the nationwide strike over fuel prices, which had been scheduled to resume on Monday, May 26, bringing the industrial action to an end.
Federation chair Edwin Mukabana directed operators, drivers and conductors to immediately return vehicles to the roads.
“I am announcing to all our members, especially our investors, drivers and conductors, that following our deliberations with His Excellency, the strike we had suspended has now been fully called off. We expect this to take immediate effect, and everyone should return their vehicles to the road,” he said.
The resolution follows several days of tension in the transport sector, including earlier protests and disruptions triggered by fuel price increases. At least four people were reported killed and property destroyed during the unrest.
Ruto also announced a further reduction of Sh10 per litre in the price of diesel for the June–July pricing cycle, describing it as part of ongoing efforts to stabilise fuel costs and cushion consumers.
“I have further directed that in the next pricing cycle, we are going to reduce the price of diesel by a further Sh10 for the June–July cycle to help stabilise pump prices and provide additional relief to consumers,” he said.
The latest adjustment will see diesel retail at Sh222.92 in Nairobi from June 15.
The President said the government has spent Sh28.19 billion on fuel stabilisation through subsidies and tax relief measures, adding that the government-to-government (G2G) fuel procurement arrangement has helped ensure stable supply.
However, he maintained that taxes on petroleum products cannot be fully removed, noting that the revenue supports key sectors including health, education and infrastructure development. He also urged increased adoption of electric mobility as a long-term solution to rising fuel costs.
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