JUST IN: ZERA Increases Price Of Fuel Effective 19 August 2019

The Zimbabwe Energy Regulatory Authority (ZERA), has announced new fuel prices effective Monday 19 August 2019.

The price of diesel has been marginally increased by 9 cents from $9.27 to $9.36.

The price of petrol was $9.09 last week and has been adjusted to $9.12, a slight increase of 3 cents.

According to ZERA, the changes in the fuel prices are due to the FOB price movements and the revised duty regime (SI 161 of 2019).

Operators may, however, sell at prices below that cap depending on their trading advantages, said ZERA.

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