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South Africa’s Department of Mineral Resources and Energy has raised the price of 93 and 95 unleaded petrol by 37 cents per litre, while diesel decreased by 74 cents per litre and illuminating paraffin by 33 cents per litre.
The price adjustments are due to the cost of crude oil, international petroleum product prices, and the rand or dollar exchange rate. 
Brent crude oil prices increased from $79.24 to over $80 during the period under review, and the rand appreciated slightly against the dollar.
In the recent budget speech, Minister of Finance, Enoch Godongwana announced a 1 cent per litre increase to the general fuel levy for both petrol and diesel to recoup the levy payment for April 2023, which will be removed on June 7, 2023.
To the North of Limpopo, Zimbabwe’s Energy Regulatory Authority (ZERA) announced that the price of <a href="https://www.pindula.co.zw/2023/05/05/zera-announces-fuel-prices-effective-5-may-2023/">Diesel 50 will decrease</a> from US$1.64 to US$1.61 per litre while the price of Petrol Blend will remain the same at US$1.61 per litre.
The new prices in Zimbabwean dollars are Diesel 50 at ZWL$1,756.24 per litre and Petrol Blend at ZWL$1,752.81 per litre.
The new prices in Zimbabwe are with effect from the 5th of May 2023.
<h2><a href="https://www.pindula.co.zw/">More Pindula News</a></h2>

Pindula News

South Africa: Petrol Prices Go Up, Diesel, Paraffin Decrease

Four people, three from Zimbabwe and one from South Africa, aged between 30 and 36 years old, were arrested on Saturday evening for attempting to steal diesel from a mine in Mpumalanga province, South Africa.
Brigadier Selvy Mohlala, Mpumalanga police spokesperson confirmed on Monday that the accused were caught at around 8 pm, according to the <a href="https://www.chronicle.co.zw/zimbabweans-nabbed-trying-to-steal-diesel-in-south-africa/">Chronicle</a>. Brig Mohlala stated that four light delivery vehicles entered the mine and hid between stockpiles. He added:
<blockquote>
Upon receiving information, the assistant contractor standby manager, supervisor of Vlanggatfotein mine, and the reaction unit proceeded to the scene. On arrival, four vehicles resembling the mine mechanical vehicles with their loading bins converted to tanks were found.
</blockquote>
The official reported that four suspects were arrested for attempting to steal diesel at the mine after they failed to justify their entry into the mine. They were found with four light delivery vehicles, two Isuzu, one Ford Ranger, and one Toyota Hilux pickup truck, all with Gauteng registration plates. The vehicles were confiscated for investigation purposes. Additionally, the Department of Home Affairs will investigate the legal status of the Zimbabwean nationals who were among the suspects.
Theft of fuel is a significant problem in South Africa, particularly in the form of siphoning diesel from trucks and heavy machinery at mines and other industrial sites.
Criminals often target these vehicles because diesel is less volatile than gasoline and has a higher energy density, making it more valuable on the black market. The theft of fuel not only results in financial losses for companies but also poses safety risks and can damage equipment. 
<h2><a href="https://zero.pindula.co.zw/">More Pindula News</a></h2>

Three Zimbabweans Arrested Over Diesel Theft In South Africa

The Zimbabwe Energy Regulatory Authority (ZERA) has announced new fuel prices effective 11 January 2023.
The price of petrol is now US$1.53 per litre, up from US$1.50, while the price of diesel is now US$1.63, down from US$1.65 per litre. ZERA said in a statement:
<blockquote>
The public and operators are advised that the blending ratio for unleaded petrol is at E5. Operators may sell the petroleum products below the prescribed prices depending on their trading advantages and should display prices in a prominent place as provided for by the fuel pricing regulations.
</blockquote>
The new fuel prices in Zimbabwe dollars are as follows:
<ul>
<li>Diesel is now ZWL$1.147.01, up from ZWL$1.119.82 per litre</li>
<li>Petrol is now ZWL$1080.01, up from ZWL$1016.49 per litre</li>
</ul>

ZERA Announces New Fuel Prices Effective 11 January

The <a href="https://www.pindula.co.zw/Zimbabwe_Energy_Regulatory_Authority">Zimbabwe Energy Regulatory Authority (ZERA)</a> has raised fuel prices by two cents for petrol and three cents for diesel with effect from the 29th of December 2022.
In a statement seen by Pindula News, the regulator said petrol would now be sold at US$1.50 per litre up from the previous US$1.48.
In the local currency, the petrol price was raised to ZW$1 016.49 from ZW$1 007.45.
ZERA raised the US dollar price for diesel to US$1.65 from US$1.62 per litre while the diesel price in the local currency was hiked to ZW$1119.82, from ZW$1 094.04 per litre. Read the statement in part:
<blockquote>
The public and operators are advised that the blending ratio remains at E5. Operators may sell the petroleum products below the prescribed prices depending on their trading advantages and should display prices in a prominent place as provided for by the fuel pricing regulations. Stakeholders are advised that the petroleum price releases by ZERA can be verified on the official ZERA website, Facebook or Twitter handle. 
</blockquote>
The average price of gasoline around the world is 1.28 U.S. Dollars per litre while the average price of diesel around the world is 1.32 U.S. Dollars per litre. 
GlobalPetrolPrices.com says the differences in prices across countries are due to the various taxes and subsidies for diesel. All countries have access to the same petroleum prices of international markets but then decide to impose different taxes. As a result, the retail price of diesel is different.
President Emmerson Mnangagwa early this year said he had <a href="https://zero.pindula.co.zw/i-directed-reduction-of-duty-on-fuels-no-duty-for-diesel-president-mnangagwa/">directed that duty on fuels be reduced by US 13 cents</a> among other measures to ensure the supply in the market remains stable and affordable.
Fuel prices went up in February with the government attributing the increase to the <a href="https://zero.pindula.co.zw/ukraines-foreign-minister-putin-launched-full-scale-invasion-well-defend-and-win/">war between Russia and Ukraine</a> which they said disrupted global trade as the two countries are the main producers of oil.
Analysts, however, observed that while the war had an effect on economies worldwide, fuel in Zimbabwe was more expensive when compared to its regional counterparts and this was due to higher taxes. That is when President Mnangagwa directed that the taxes be reduced.
<h2><a href="https://zero.pindula.co.zw/">More Pindula News</a></h2>

Fuel Price Update: ZERA Hikes Petrol, Diesel Prices - 29 Dec 2022

The <a href="https://www.pindula.co.zw/Zimbabwe_Energy_Regulatory_Authority">Zimbabwe Energy Regulatory Authority (ZERA)</a> has announced new fuel prices effective 30 November 2022. The <a href="https://zero.pindula.co.zw/new-fuel-prices-effective-23-november-2023/">previous review was on 23 November 2022.</a> Pindula News presents the statement issued by ZERA:
Please be advised of the review in fuel prices for diesel and blend with effect from 30 November 2022. The prices have been reviewed as follows:
<blockquote>
Diesel 50 (ZWL/ litre) – $1 113.03 from $1 116.94
Blend — E20 (ZWL/ litre) – $1 008.57 from $951.85
Diesel 50 (US$ / litre) – $1.70 from $1.73
Blend — E20 (US$/litre) – $1.54 from $1.59
</blockquote>
ZERA advised the public and operators that the blending ratio remains at E20.
Operators may sell petroleum products below the prescribed prices depending on their trading advantages and should display prices in a prominent place as provided for by the fuel pricing regulations.
Stakeholders were advised that the petroleum price releases by ZERA can be verified on the official ZERA website, Facebook or Twitter handle.
<h2><a href="https://zero.pindula.co.zw/">More Pindula News</a></h2>

Fuel Prices Effective 30 November: Diesel Reduced, Petrol Hiked (ZW$)

Fuel prices are expected to go up next month in South Africa due to higher oil prices.
 The prices of oil have been going up globally due to the war between Russia and Ukraine. 
According to the Automobile Association of South Africa, often abbreviated AA, an automobile association that has been operating in South Africa since 1930, increases will start next month.
The AA says data from the Central Energy Fund forecast increases of between 97 cents and R1.09 a litre, <a href="https://www.enca.com/search/news?search=fuel">eNCA News</a> reported.
Illuminating paraffin is also expected to increase by around 30 cents a litre.
Meanwhile, the price of diesel will decrease by up to 34 cents a litre.
The development will likely have an impact on fuel prices in Zimbabwe since it imports from its neighbour.
Zimbabwe imports fuels primarily from Singapore, South Africa, Mozambique, Mauritius, and United Arab Emirates.
<h2><a href="https://zero.pindula.co.zw/">More Pindula News</a></h2>

South Africa: Fuel Prices Expected To Go Up In December

The Zimbabwe Energy Regulatory Authority (ZERA) has announced the prices of diesel and petrol (Blend-E20) with effect from 19 October 2022.
The price of diesel has remained at US$1.73 per litre while the price of petrol has gone up to US$1.56 up from US$1.55 which was announced a week ago.
Notwithstanding the fact that fuel is hardly sold in Zimbabwe dollars, ZERA has announced new prices in the local currency.
<ul>
<li>Diesel is now ZWL$1.088.80, up from ZWL$1.084.08 per litre</li>
<li>Petrol is now ZWL$981.67, up from ZWL$971.21 per litre</li>
</ul>
ERA said the blending ratio remains at E20. It added that operators may sell the petroleum products below the prescribed prices depending on their trading advantages and should display prices in a prominent place as provided for by the fuel pricing regulations.

Price Of Petrol Goes Up, Again

Police in the Limpopo Province of South Africa has refuted assertions made by police in Mpumalanga over the arrest of two Zimbabwean men who were arrested while allegedly driving a vehicle belonging to the SAPS.
<a href="https://www.iol.co.za/news/crime-and-courts/police-make-u-turn-after-initially-claiming-arrested-zimbabweans-were-driving-saps-car-63731c6f-822f-484f-9888-1c4088735b01">IOL</a> cites Limpopo SAPS spokesperson Brigadier Motlafela Mojapelo as saying:
<blockquote>
The provincial commissioner of police in Limpopo, Lieutenant-General Thembi Hadebe and police management in the province are concerned about reports on various media platforms, especially social media, indicating that a motor vehicle that was confiscated by the police in Mpumalanga, in which two suspects were reportedly apprehended along the N12 under Delmas policing area on Wednesday 20 July 2022, was stolen from Thohoyandou SAPS.
Our records indicate that the said motor vehicle, an unmarked white Nissan single cab that was confiscated by the police in Delmas, Mpumalanga was once a police vehicle that was attached to Thohoyandou SAPS. It was sold during a public auction on 2 June 2022 and was bought by a Zimbabwean national who handed in documents that showed he was in the country legally.
The registration number on the vehicle is the correct one and nowhere in the eNatis system does the vehicle indicate that it was stolen. The history of the vehicle does however indicate previous ownership and how it was disposed of.
Various people continue to peddle this wrong information on social media that the vehicle was stolen from Thohoyandou SAPS despite the fact that the official media statement issued by the police in Mpumalanga does not indicate the vehicle was stolen.
</blockquote>
Mojapelo said before the vehicle was sent to a public auction, all police markings were removed.
Last week, the SAPS in Mpumalanga said the vehicle had been seized after it was found transporting suspected stolen diesel. The police in Mpumalanga stated that the vehicle belonged to SAPS Thohoyandou, and had been fitted with “incorrect” number plates.
Mpumalanga police spokesperson Brigadier Selvy Mohlala said investigations were underway to establish how the vehicle landed in the hands of the two Zimbabwean nationals. 
<h2><a href="https://zero.pindula.co.zw/">Pindula News</a></h2>

South Africa Police: Vehicle Found Transporting Suspected Stolen Diesel Wasn't Stolen

The <a href="https://www.pindula.co.zw/Zimbabwe_Energy_Regulatory_Authority">Zimbabwe Energy Regulatory Authority (ZERA)</a> has reviewed the prices of diesel and blend for the week beginning 18 July. In a notice seen by Pindula News, ZERA said it had reduced diesel and blend prices in both Zimbabwe and United States dollars. 
ZERA said diesel now costs ZWL$714.45 down from ZWL$<a href="https://zero.pindula.co.zw/new-fuel-prices-by-zera-effective-11-july-2022/">714.91</a> per litre. Petrol (Blend – E15) now costs ZWL$ZWL$675.35 down from<a href="https://zero.pindula.co.zw/new-fuel-prices-by-zera-effective-11-july-2022/"> ZWL$677.32 </a>per litre.
Diesel and Blend prices, in that order, were reduced from $1.86 and $1.76 per litre to $1.80 and 1.70. Reads the statement:
<blockquote>
<h2>PETROLEUM PRICES — Week 18 July 2022</h2>
Please be advised of the review in fuel prices for diesel and blend for the week 18 July 2022. The prices have been reviewed as follows:
<table>
<tbody>
<tr>
<td title="Character Accurarcy=99.29">ZWL</td>
<td title="Character Accurarcy=98.44">US$</td>
</tr>
<tr>
<td title="Character Accurarcy=97.41">Diesel 50 (ZWL/litre)</td>
<td title="Character Accurarcy=96.72">Blend – E15 (ZWL/litre)</td>
<td title="Character Accurarcy=98.28">Diesel 50 (US$/litre)</td>
<td title="Character Accurarcy=97.04">Blend – E15 (US$/litre)</td>
</tr>
<tr>
<td title="Character Accurarcy=99.76">Maximum prices</td>
<td title="Character Accurarcy=99.83">714.45</td>
<td title="Character Accurarcy=99.73">675.35</td>
<td title="Character Accurarcy=99.86">1.80</td>
<td title="Character Accurarcy=99.79">1.70</td>
</tr>
</tbody>
</table>
The public and operators are advised that the blending ratio remains at E15. Operators may sell the petroleum products below the prescribed prices depending on their trading advantages and should display prices in a prominent place as provided for by the fuel pricing regulations. Stakeholders are advised that the petroleum price releases by ZERA can be verified on the official ZERA website, Facebook or Twitter handle.
Fuel Saving Tip: TYRE PRESSURE – Always keep tyres inflated with the correct pressure. A tyre that is underinflated can reduce fuel economy. 
</blockquote>
<h2><a href="https://zero.pindula.co.zw/">Pindula News</a></h2>

ZERA Reduces Prices Of Fuel For The Week Starting 18 July 2022

The Zimbabwe Energy Regulatory Authority (ZERA) has reviewed the prices of diesel and blend for the week beginning 11 July. In a notice seen by Pindula News, ZERA said it had increased diesel and blend prices in Zimbabwe dollars. 
ZERA said diesel now costs ZWL$714.91 up from <a href="https://zero.pindula.co.zw/zera-has-increased-fuel-prices-5-july-2022/">699.62 </a>per litre. Petrol (Blend – E15) now costs ZWL$677.32 up from <a href="https://zero.pindula.co.zw/zera-has-increased-fuel-prices-5-july-2022/"> 659.80</a> per litre. 
The authority also reduced fuel prices in United States Dollars. Diesel now costs US$1.86 down from US$1.88 per litre while Petrol (Blend E15) is now US$1.76 down from US$1.77 per litre. Reads the notice:
<blockquote>
Please be advised of the review of fuel prices for diesel and blend for the week beginning 11 July 2022. The prices have been reviewed as follows:
<table>
<tbody>
<tr>
<td title="Character Accurarcy=99.29">ZWL</td>
<td title="Character Accurarcy=98.44">US$</td>
</tr>
<tr>
<td title="Character Accurarcy=97.41">Diesel 50 (ZWL/litre)</td>
<td title="Character Accurarcy=96.72">Blend – E15 (ZWL/litre)</td>
<td title="Character Accurarcy=98.28">Diesel 50 (US$/litre)</td>
<td title="Character Accurarcy=97.04">Blend – E15 (US$/litre)</td>
</tr>
<tr>
<td title="Character Accurarcy=99.76">Maximum prices</td>
<td title="Character Accurarcy=99.83">714.91</td>
<td title="Character Accurarcy=99.73">677.32</td>
<td title="Character Accurarcy=99.86">1.86</td>
<td title="Character Accurarcy=99.79">1.76</td>
</tr>
</tbody>
</table>
The public and operators are advised that the blending ratio remains at E15. Operators may sell the petroleum products below the prescribed prices depending on their trading advantages and should display prices in a prominent place as provided for by the fuel pricing regulations. Stakeholders are advised that the petroleum price releases by ZERA can be verified on the official ZERA website, Facebook or Twitter handle.
</blockquote>
<h2>Pindula News</h2>

New Fuel Prices By ZERA Effective 11 July 2022

The Zimbabwe Energy Regulatory Authority (ZERA) has announced new fuel prices effective Wednesday, 8 September 2021.
ZERA has set the maximum pump price of diesel at ZWL$115.15 or US$1.34 per litre and petrol at ZWL$118.42 or US$1.38 per litre.
This is a slight increase from the fuel prices of August that were pegged at ZWL$114.29 or US$1.33 per litre of diesel and ZWL$117.07 or US$1.37 per litre of petrol.
In a public notice issued this Wednesday, ZERA said operators may sell at prices below the cap depending on their trading advantages.
<img alt="Image" decoding="async" src="https://pbs.twimg.com/media/E-wi5lcWQAgL62x?format=png&amp;name=900x900"/>
ZERA delayed the reviewing of September 2021 fuel prices citing developments taking place in the international oil market.
In a statement released on Monday, ZERA said it will announce the September 2021 fuel prices in due course, while in the meantime, fuel dealers should continue using the August prices. The Authority said then:
<blockquote>
ZERA is working vigorously to have the fuel prices for the month announced and are paying close attention to trends on the international oil market while consulting local key stakeholders on the likely impact of the developments on the final pump prices.
Fuel operators are therefore urged to continue trading as per the August 2021 fuel prices while consultations are being finalised.
</blockquote>
<h4>More: <a href="https://news.pindula.co.zw/">Pindula News</a></h4>

ZERA Announces New Fuel Prices

Zimbabwe Energy Regulatory Authority has hiked fuel prices one more time. This was contained in a statement that announced the price hike will be effective tomorrow as show in the following table. The fuel price review came exactly 28 days after ZERA last hiked fuel prices on 5 February 2021.
<table>
<thead>
<tr>
<th>Old Price RTGS</th><th>New Price RTGS</th><th>Old Price USD</th><th>New Price USD</th>
</tr>
</thead>
<tbody>
<tr>
<td>Diesel</td><td>$105.58</td><td>$110.41</td><td>$1.27</td><td>$1.32</td>
</tr>
<tr>
<td>Petrol</td><td>$104.82</td><td>$109.17</td><td>$1.26</td><td>$1.30</td>
</tr>
</tbody>
</table>

JUST IN: ZERA Hikes Fuel Prices

Zimbabwe Energy Regulatory Authority has hiked fuel prices one more time. This was contained in a statement that announced the price hike will be effective tomorrow as show in the following table. The fuel price review came exactly 28 days after ZERA last hiked fuel prices on 5 February 2021.
<table class="tablepress tablepress-id-559" id="tablepress-559">
<thead>
<tr class="row-1 odd">
<th class="column-1"></th><th class="column-2">Old Price RTGS</th><th class="column-3">New Price RTGS</th><th class="column-4">Old Price USD</th><th class="column-5">New Price USD</th>
</tr>
</thead>
<tbody class="row-hover">
<tr class="row-2 even">
<td class="column-1">Diesel</td><td class="column-2">$105.58</td><td class="column-3">$110.41</td><td class="column-4">$1.27</td><td class="column-5">$1.32</td>
</tr>
<tr class="row-3 odd">
<td class="column-1">Petrol</td><td class="column-2">$104.82</td><td class="column-3">$109.17</td><td class="column-4">$1.26</td><td class="column-5">$1.30</td>
</tr>
</tbody>
</table>
<img alt="" class="wp-image-198290 size-full aligncenter" decoding="async" height="836" loading="lazy" sizes="(max-width: 679px) 100vw, 679px" src="https://t792ae.c2.acecdn.net/wp-content/uploads/2021/03/ZERA-Price-Hike.jpg" srcset="https://news.pindula.co.zw/wp-content/uploads/2021/03/ZERA-Price-Hike.jpg 679w, https://news.pindula.co.zw/wp-content/uploads/2021/03/ZERA-Price-Hike-244x300.jpg 244w" width="679"/>

The Minister of Finance and Economci Development, Professor Mthuli Ncube has made amendments to the Customs and Excise (Tariff). Below is the notice.
<blockquote>IT is hereby notified that the Minister of Finance and Economic Development has, in terms of section 225 of the Customs and Excise 
Act [Chapter 23:02], made the following notice:— 
1. This notice may be cited as the Customs and Excise (Tariff) (Amendment) Notice, 2020 (No. 23). 
2. This notice shall be with effect from 5th December 2020. 
3. The Customs and Excise (Tariff) Notice, 2017, published in Statutory Instrument 53 of 2017 (hereinafter called “the Tariff Notice”), is amended in Part II of the Second Schedule to the Tariff Notice, by the repeal of the following—
<img alt="" class="wp-image-189580" decoding="async" height="243" loading="lazy" sizes="(max-width: 372px) 100vw, 372px" src="https://t792ae.c2.acecdn.net/wp-content/uploads/2020/12/EXCISE-CUSTOM-DUTY-REVIEW-300x196.jpg" srcset="https://news.pindula.co.zw/wp-content/uploads/2020/12/EXCISE-CUSTOM-DUTY-REVIEW-300x196.jpg 300w, https://news.pindula.co.zw/wp-content/uploads/2020/12/EXCISE-CUSTOM-DUTY-REVIEW-768x503.jpg 768w, https://news.pindula.co.zw/wp-content/uploads/2020/12/EXCISE-CUSTOM-DUTY-REVIEW.jpg 852w" width="372"/>
Description of Goods: Power kerosene, having a density at 200C (expressed in kilograms per litre of lower than 0.796 and a flash point (closed test at sea level) of not lower than 210C and not higher than 440C.
Quantity: 1. Kg; 2. m3; 3. L
Rate of Duty: US$0.25/L
 
Description of Goods: Other power kerosene
Quantity: 1. Kg; 2. m3; 3. L
Rate of Duty: US$0.25/L
 
Description of Goods: Other Illuminating or heating kerosene, other than that of tariff 2710.19.19
Quantity: 1. Kg; 2. m3; 3. L 
Rate of Duty: US$0.25/L
Description of Goods: Diesel
Quantity: 1. Kg; 2. m3; 3. L 
Rate of Duty: US$0.25/L
The new Rates of Duty for all the goods mentioned above is now US$0.30/L
<img alt="" class="wp-image-189581" decoding="async" height="241" loading="lazy" sizes="(max-width: 336px) 100vw, 336px" src="https://t792ae.c2.acecdn.net/wp-content/uploads/2020/12/EXCISE-CUSTOM-DUTY-REVIEW-1-300x215.jpg" srcset="https://news.pindula.co.zw/wp-content/uploads/2020/12/EXCISE-CUSTOM-DUTY-REVIEW-1-300x215.jpg 300w, https://news.pindula.co.zw/wp-content/uploads/2020/12/EXCISE-CUSTOM-DUTY-REVIEW-1.jpg 754w" style="font-size: 16px;" width="336"/>
The excise duty rates stated in United States dollars shall be adjusted to prevailing weekly foreign currency exchange rates for purposes of conversion to local currency.</blockquote>

Customs & Excise: Diesel Duty Adjusted To Match Petrol

The <a href="https://www.pindula.co.zw/Zimbabwe_Energy_Regulatory_Authority">Zimbabwe Energy Regulatory Authority</a> has issued the following statement on diesel supply:
<blockquote>In view of the significant decrease of the diesel price on the international market, the Zimbabwe Energy Regulatory Authority (ZERA) met the oil marketing companies (OMCs) on 29 February 2020 and deliberated on the impact of the decrease on the local market.
The OMCs made a commitment to continue supplying diesel to consumers at the new price. Zimbabwe is a net fuel importer, hence any movement on the global market has an effect on the local price. ZERA is working closely with OMCs to ensure the country has adequate supply. Surveillance on possible hoarding of fuel is being carried. The public is urged to continue using fuel efficiently.</blockquote>
<a href="https://news.pindula.co.zw/2020/02/28/full-text-zera-announces-fuel-prices-effective-friday-28-feb/">ZERA last week released new prices</a> for diesel that saw diesel becoming cheaper than petrol for the first time in months.
Source: <a href="https://twitter.com/zeraenergy/status/1234451057624915968">Twitter</a>

FULL TEXT: ZERA's Statement On Diesel Supply

The Zimbabwe Energy Regulatory Authority (ZERA) has announced new prices for Petrol and Diesel effective 2 September 2019.
The new prices are an effective slight reduction from the current prices which were effected on 26 August 2019.
The new diesel price is ZWL $10.25 down from $10.32.
The new petrol price is $9.86 down from $10.01.
In the announcement, ZERA said the new prices are due to “FOB price movements and the revised duty regime (SI 161 of 2019)”. This is the same reason cited for the several changes in price in the past months.
This is the first reduction since January 13, 2019.
 
<a href="https://t792ae.c2.acecdn.net/wp-content/uploads/2019/09/ZERA-New-Fuel-Prices-2-September.jpg"><img alt="" class="aligncenter size-full wp-image-125121" decoding="async" height="680" loading="lazy" sizes="(max-width: 619px) 100vw, 619px" src="https://t792ae.c2.acecdn.net/wp-content/uploads/2019/09/ZERA-New-Fuel-Prices-2-September.jpg" srcset="https://news.pindula.co.zw/wp-content/uploads/2019/09/ZERA-New-Fuel-Prices-2-September.jpg 619w, https://news.pindula.co.zw/wp-content/uploads/2019/09/ZERA-New-Fuel-Prices-2-September-273x300.jpg 273w, https://news.pindula.co.zw/wp-content/uploads/2019/09/ZERA-New-Fuel-Prices-2-September-600x659.jpg 600w" width="619"/></a>

JUST IN: Government Reduces Fuel Prices

The Zimbabwe government has increased the price of fuel. The announcement was made on Sunday night by ZERA.
ZERA has also announced zonal prices, which vary by region:
JUST IN

JUST IN: Government Increases Fuel Prices

For the first time in a long time in Zimbabwe, the price of diesel has overtaken that of petrol. This happened with the <a href="https://news.pindula.co.zw/2019/08/03/breaking-fuel-prices-up-again-to-9-06/" rel="noopener noreferrer" target="_blank">latest price increases announced today</a> by the Zimbabwe Energy Regulatory Authority (ZERA)
Diesel is now ZWL $9.06 per litre, where petrol is ZWL $9.01.
<table class="tablepress tablepress-id-69" id="tablepress-69">
<thead>
<tr class="row-1">
<th class="column-1"></th><th class="column-2" colspan="2">Diesel (ZWL/Litre)</th><th class="column-4"></th><th class="column-5" colspan="2">Blend E20 (ZWL/Litre)</th>
</tr>
</thead>
<tbody>
<tr class="row-2">
<td class="column-1"></td><td class="column-2">New Price</td><td class="column-3">Old Price</td><td class="column-4"></td><td class="column-5">New Price</td><td class="column-6">Old Price</td>
</tr>
<tr class="row-3">
<td class="column-1">FOB</td><td class="column-2">0.6052</td><td class="column-3">0.6002</td><td class="column-4"></td><td class="column-5">0.5888</td><td class="column-6">0.5856</td>
</tr>
<tr class="row-4">
<td class="column-1">Exchange Rate</td><td class="column-2">7.5000</td><td class="column-3">7.5000</td><td class="column-4"></td><td class="column-5">7.5000</td><td class="column-6">7.5000</td>
</tr>
<tr class="row-5">
<td class="column-1">Duty (ZIMRA Exchange Rate - 9.0938)</td><td class="column-2">2.4883</td><td class="column-3">n/a</td><td class="column-4"></td><td class="column-5">2.7323</td><td class="column-6">n/a</td>
</tr>
<tr class="row-6">
<td class="column-1">Oil Company Margin</td><td class="column-2">0.4796</td><td class="column-3">0.3820</td><td class="column-4"></td><td class="column-5">0.4767</td><td class="column-6">0.3996</td>
</tr>
<tr class="row-7">
<td class="column-1">Dealer Margin</td><td class="column-2">0.5930</td><td class="column-3">0.4724</td><td class="column-4"></td><td class="column-5">0.5895</td><td class="column-6">0.4942</td>
</tr>
</tbody>
<tfoot>
<tr class="row-8">
<th class="column-1">Maximum Pump Price</th><th class="column-2">9.06</th><th class="column-3">7.22</th><th class="column-4"></th><th class="column-5">9.01</th><th class="column-6">7.55</th>
</tr>
</tfoot>
</table>
On Thursday, Finance Minister Mthuli Ncube announced a fuel excise duty increase from 19% (petrol) and 16% (diesel) to 45% and 40%, respectively.
The new prices are in part a response to those changes too. Earlier in the month, Ncube also indicated that the government’s objective is for fuel to retail at around US $1 to match the general prices in neighbouring countries.

Diesel Price Now Higher Than Petrol

The Zimbabwe Energy Regulatory Authority (ZERA) on Friday announced new prices for diesel and petrol.
Apparently, <a href="https://news.pindula.co.zw/2019/07/12/breaking-fuel-prices-hiked-again/" rel="noopener noreferrer" target="_blank">some service stations had already hiked the price of fuel by more than 100 per cent, with some charging as high as ZWL$12 per litre.</a>
According to ZERA, the maximum pump price of diesel is now ZWL$5.84 while that of Blend E20 is now ZWL$6.10 per litre.
<img alt="" class="aligncenter" decoding="async" height="222" loading="lazy" src="https://pbs.twimg.com/media/D_TRltpWwAETJuF.jpg" width="583"/>

ZERA Sets Diesel Price At $5.84; Blend E20 At $6.10

The Parliament of Zimbabwe has denied reports that it is paying double the stipulated price for diesel bought from Redan Petroleum Pvt (Ltd).
This follows a fuel exchange note that went viral on social media platforms, purportedly showing that Parliament was buying fuel at $10,50 per litre.
In a statement on Thursday, the Parliament said that the particular transaction involved an individual MP who wanted to exchange expired fuel coupons. The statement read in part:
<blockquote>The fuel coupon exchange note in question involved a transaction between an individual Member of Parliament who was replacing expired coupons at Redan Pvt (Ltd) and not the institution of Parliament.
The only reason the exchange note reflects the name of the institution is primarily because the coupons are purchased by Parliament as an institution for all Members of Parliament and subsequently issued to individual members.
… Parliament of Zimbabwe engaged Redan over the matter and was advised that the exchange note was generated and issued to the Member of Parliament for the sole reason of enabling him to collect the new coupons.
The member in question was never charged for the transaction. In other words, the coupon exchange note is an internal Redan document whose esoteric figures are understood by Redan staff, but do not reflect the prevailing coupon prices and should thus not be used as a pricing reference point.</blockquote>
<h4>More: <a href="https://www.herald.co.zw/parly-denies-fuel-price-anomaly/" rel="noopener noreferrer" target="_blank">The Herald</a></h4>

Parliament Denies Buying "Queen Bee's" Diesel At $10.50 Per Litre

Government through the Ministry of Information, Publicity and Broadcasting has apologised for a logistical glitch that resulted in diesel being in short supply.
Speaking on Twitter, the Information Ministry said the situation has been attended to and diesel will be in supply. Said the information ministry:
<blockquote>Govt apologises for the logistical glitch which resulted in fuel retailers ordering more petrol than diesel giving rise to diesel shortages. The situation has been attended to and normalcy in the fuel retail sector is expected to have been attained within the next few hours.</blockquote>
<hr/>
<h4>Related:</h4>
<ul>
<li>
<h3 class="entry-title"><a href="https://news.pindula.co.zw/2019/02/08/resurfacing-of-fuel-queues-a-result-of-panic-buying-people-trying-to-redeem-coupons-energy-minister/" rel="bookmark">Resurfacing Fuel Queues A Result Of Panic Buying, People Trying To Redeem Coupons- Energy Minister</a></h3>
</li>
<li>
<h3 class="entry-title"><a href="https://news.pindula.co.zw/2019/02/08/rbz-has-bought-fuel-enough-to-cover-the-next-two-years-energy-minister/" rel="bookmark">RBZ Has Bought Fuel Enough To Cover The Next Two Years- Energy Minister</a></h3>
</li>
<li>
<h3 class="entry-title"><a href="https://news.pindula.co.zw/2019/02/03/energy-minister-explains-why-fuel-queues-have-resurfaced/" rel="bookmark">Energy Minister Explains Why Fuel Queues Have Resurfaced</a></h3>
</li>
</ul>

Govt Apologises For Logistical Glitch That Resulted In Diesel Shortage

The government through the Zimbabwe Energy Regulatory Authority (Zera) has slashed the price of diesel from US$1.30 to $1.22 with effect from tomorrow (Monday). This comes after the government banned Diesel 500 saying it is damaging vehicle engines due to its high Sulphur content.  In a notice published on Friday, Zera said,
<blockquote>The retail price for the week starting March 5, 2018, should not exceed US$1, 22 for all diesel.
The reduction of D50 prices in the market is a result of the use of cheaper pipeline transportation of D50 into the country as opposed to road and rail. The convergence in prices of D50 and D500 that is being witnessed shows compliance with the Government directive to ban retail of D500 by 1 May 2018.
However, subsequent prices will change in line with movements in international crude oil prices and the application of the fuel pricing regulations by Zera.</blockquote>
More: <a href="http://www.sundaymail.co.zw/diesel-price-slashed/">Sunday Mail</a>

Govt Slashes Price of Diesel With Effect From Monday

Four diesel tankers which were carrying over 140 000 litres were illegally offloaded in Chitungwiza and refilled with an equal amount of water prejudicing Zimra of $55 650 in excise duty. The tankers are believed to have been on their way to the Democratic Republic of Congo before they were intercepted by the Zimbabwe Revenue Authority.
The tankers were intercepted at Chirundu Border Post after Zimra picked up a suspicious detour using its electronic cargo tracking system. Speaking to The Herald, Zimra’s board secretary and director for legal and corporate services confirmed the incident and said that the trucks were seized and will be dealt with in accordance with the provisions of the Customs and Excise Act [Chapter 23:02].
More: <a href="http://www.herald.co.zw/4-diesel-tankers-emptied-filled-with-water/">Herald</a>

Zimra loses $55 650 in excise tax as thieves empty 4 diesel tankers and fill them with water

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