Fuel Prices Up
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Fuel prices went up again yesterday New Ziana reports, reversing last week’s decline which had been cheered by consumers. The New Ziana, quoting the Zimbabwe Energy Regulatory Authority wrote:
The changes in the fuel prices are due to the FOB (Free on Board) price movements and the revised duty regime applicable from Monday, 9 September 2019.Operators may however, sell at prices below the cap depending on their trading advantages
The new prices are as follows according to the same publication:
Petrol $9.95
Diesel $10.42
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ZERA said they will review the fuel price on a weekly basis in order to ensure that it does not lag behind.
Source: New Ziana