Wednesday, 5 August 2020

FUEL PRICES GO UP


THE Zimbabwe Energy Regulatory Authority (Zera) has announced an increase in the Zim-dollar price of fuel with effect from today.

In a public notice, the regulator said the new pump price in local currency was now pegged at ZW$83,35 per litre for diesel from $62.77 while petrol has been reviewed upwards to ZW$93,15 a litre from 71.62.

“Operators may, however, sell at prices below the cap depending on their trading advantages,” said Zera.

However, the US dollar price of last month at US$1,09 for diesel and US$1,18 for blend petrol remain unchanged. Chronicle

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