Fuel price up again in Zimbabwe

Fuel price up again in Zimbabwe
Published: 12 June 2019 (251 Views)
THE Zimbabwe Energy Regulatory Authority (Zera) has marginally increased the price of petrol and diesel by ZWL$0,29 and ZWL$0,18, respectively, with immediate effect as the local currency continues to plunge against the United States dollar.

Zera acting chief executive officer Edington Mazambani last night confirmed the increases, saying fuel dealers had been advised accordingly.

"It's true, the prices you have are true. Fuel has gone up," Mazambani said.

The retail price of blend petrol is now ZWL$5,26 per litre up from ZWL$4,97 and diesel will sell at ZWL$5,07 from ZWL$4,89 per litre. The price for ethanol is now ZWL$4,60 per litre. This is the third fuel increase within six months.

"Please be advised that the maximum pump prices for fuel will be as follows: Blend RTGS$5,26, diesel RTGS$5,07 per litre. The margins are as follows: Wholesale RTGS$0,20 cents per litre (and) retailer RTGS$0,25 cents per litre," Mazambani said in a communiqué to oil firms yesterday.

Recently, some fuel dealers unilaterally increased the price of fuel to around ZWL$7 per litre, but were later forced to reverse the pump price hike by Energy minister Fortune Chasi.

Meanwhile, there is an image of a Redan coupon circulating on social media which shows that Parliamentarians are buying fuel at a  doubled price at some service stations. We have not verified the authenticity of the image below.




- newsday

Tags: Fuel, Zimbabwe, Hike,
 0

You May Like These Videos

Comments

There are no comments.

Latest stories

Forex ban illegal, says Biti

by Staff Reporter | 27 June 2019 | 23 Views

Chidzambwa unfazed by Warriors' result

by Daniel Itai | 27 June 2019 | 14 Views

Mthuli Ncube did not know about banning of the US$?

by Mandla Ndlovu | 27 June 2019 | 119 Views

Police arrest female drug smuggler

by Mandla Ndlovu | 27 June 2019 | 76 Views

WATCH: Malema attacks war veterans

by Mandla Ndlovu | 27 June 2019 | 86 Views

Jonathan Moyo threatens to expose Mnangagwa's advisors

by Mandla Ndlovu | 27 June 2019 | 141 Views

Zanu-PF launches commission of inquiry

by Staff reporter | 27 June 2019 | 86 Views

Probe teams for all VID depots

by Staff reporter | 27 June 2019 | 73 Views

Let's take pride in our currency, say MPs

by Staff reporter | 27 June 2019 | 63 Views

Mthuli Ncube slams debt takeover practice

by Staff reporter | 27 June 2019 | 80 Views

Robbers die in accident minutes after heist

by Staff reporter | 27 June 2019 | 96 Views

MP Mamombe must carry her cross: Court

by Staff repoirter | 27 June 2019 | 66 Views

Cabinet approves currency reforms

by Staff reporter | 27 June 2019 | 66 Views

Couple 'kills' small house

by Staff reporter | 27 June 2019 | 70 Views

Economists warn against USD-based prices

by Staff reporter | 27 June 2019 | 62 Views

Bulawayo businessman buys US$43 000 stolen car

by Staff reporter | 27 June 2019 | 64 Views

New regulations tame bourse arbitrage window

by Staff reporter | 27 June 2019 | 50 Views

Politburo embraces currency reforms

by Staff reporter | 27 June 2019 | 53 Views

International remittances recipients to get forex

by Staff reporter | 27 June 2019 | 57 Views

23 toll-gate staffers dismissed for fraud in three months

by newzimbabwe | 27 June 2019 | 52 Views

Zimdollar given 5-day ultimatum

by Staff reporter | 27 June 2019 | 63 Views

Zifa files $4m lawsuit against Mliswa

by Staff reporter | 27 June 2019 | 39 Views

Lecturer in trouble over anti-Mnangagwa slur

by Staff reporter | 27 June 2019 | 34 Views

Mabelreign Girls High students in demo

by Staff reporter | 27 June 2019 | 33 Views

Matutu's corruption 'name and shame' backfires

by Staff reporter | 27 June 2019 | 35 Views

MDC MP sues for police-induced miscarriage

by Staff reporter | 27 June 2019 | 29 Views

Mnangagwa to probe 'corrupt' bigwigs

by Staff reporter | 27 June 2019 | 60 Views

Intolerance is Zimbabwe's major undoing

by Editorial Newsday | 27 June 2019 | 41 Views

Mnangagwa summoned over ambush

by newzimbabwe | 27 June 2019 | 40 Views

Cop acquitted of brutally assaulting teen suspect

by Staff reporter | 27 June 2019 | 30 Views

Rural MDC activists appeal to Chamisa

by Staff reporter | 27 June 2019 | 33 Views

Applying lipstick on a pig will not work Mnangagwa

by Nqaba Matshazi | 27 June 2019 | 52 Views

38 injured in Munenzva bus accident

by Staff reporter | 27 June 2019 | 35 Views

Matanga tells cops to be diligent

by Staff reporter | 27 June 2019 | 27 Views

'Dealers diverting fuel to black market'

by Staff reporter | 27 June 2019 | 27 Views

Chaos in Zvinavashe estate

by Staff reporter | 27 June 2019 | 30 Views

Zanu-PF MP chickens out of Parly feedback debate

by Staff reporter | 27 June 2019 | 33 Views