The Zimbabwe Energy Regulatory Authority (Zera) has announced an increase in both petrol blend and diesel blend prices, effective 10 February 2023.
In its weekly authority proclaimed that in USD:
- Petrol E5 – US$1.61 up from US$1.59
- Diesel 50 – US$1.70 up from US$1.68
And if you can get in Zimbabwe Dollars,
- ZWL1,341.07 up from ZWL1,241.01
- ZWL1 418.08 up from ZWL1 315.09
No explanation has been given for the upward review.
The good news though is that from now on, the change in fuel price will be done monthly.
“Stakeholders are advised that a decision has been made to migrate to monthly as opposed to weekly pricing that has been in place since May 2022,” said Zera. ” This is to ensure stability over a longer period. As a starting point, the current review is for two weeks.”
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