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Business

Fuel Prices Goes Up

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By Elizabeth Nyaguyo

 

Zimbabwe Energy Regulatory Authority ([ZERA) has reviewed fuel prices with immediate effect.

 

 

This follows the increase of rate recently in the country and this serves as a way to catch up with the economic crisis in the country.

In a statement ZERA announce that the current prices for diesel and blend is as follows;

 

Diesel 50[ZWL/litre]550.59
Blend-E15[ZWL/litre]539.56
Diesel50[US/litre 1.76
Blend-E15[US/litre]1.73

 

‘’The public and operators are advised that the blending ratio is now 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 om the official ZERA website, Facebook or Twitter handle.ess for more].

 

Robert Tapfumaneyi