The Zimbabwe Energy Regulatory Authority (ZERA) on Friday announced revised prices of fuel effective 29 April and 6 May 2019.
The new prices are in line with the mandatory fuel blending that was announced in an extraordinary gazette by the Minister of Energy Jorum Gumbo recently. From 29 April the maximum price of diesel at pump price is 3.21 while blend is 3.35.
The new prices show a slight fall in the price of petrol. However, there are concerns that the price of ethanol will go up while the quality of petrol goes down.
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Quite critical is the economic revival strategy on a short, medium and long term…for what we have now are just speculative piece meal interventions by a not so well advised dispensation.