Zimbabwe increases diesel, petrol prices by 47%

0
8
Mnangagwa
Mnangagwa

ZIMBABWE’S energy regulator on Tuesday announced that prices of diesel and petrol had been increased by up to 47 per cent.

The hike which took immediate effect had come a day after the central bank said oil firms would now buy dollars to import fuel on the interbank market.

The price of petrol has increased to RTGS$4.97, up from RTGS$3.36. A litre of diesel will cost RTGS$4.89, up from RTGS$3.22.

The latest price increase had been expected and follows an earlier 150 per cent hike in January, which sparked violent street protests and led to the death of a dozen people after a security crackdown.

-NAN

BE

– May 21, 2019 @ 15:05 GMT |

 

 

(Visited 8 times, 1 visits today)