Sunday 17 November 2019

FUEL PRICES UP THIS WEEK


The Zimbabwe Energy Regulatory Authority has increased the price of fuel with effect from tomorrow(Monday).

ZERA said the new prices were premised on the interbank market rate and will see a litre of blend petrol (E20) retailing at $17,07 while diesel will sell at $17,74 per litre.

Last week, the price of petrol was pegged at $16,77 while diesel was at  $17,53 per litre.

The price changes are due to the FOB (Free on Board) price movement and the revised duty regime.

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