UPDATED: Govt Reviews Fuel Prices Downwards

The Zimbabwe Energy Regulatory Authority (ZERA) has reviewed fuel prices downwards with effect from May 5, 2020.

The price of diesel has fallen from $21.52 to $20.84 while that of petrol has been slashed from $21.77 to $21.00.


Introducing the Pindula News Mobil App
Download from Google Play Store

The development follows a sharp fall in the price of crude oil globally because of the coronavirus pandemic which has reduced demand for the product.

In its latest price review, ZERA said operators may, however, sell at prices below the cap depending on their trading advantages.

On Monday, the government hiked excise duty on diesel and petrol a few hours before announcing the new fuel prices.

Join WhatsApp & Telegram News Groups:

WhatsApp Group: https://chat.whatsapp.com/D4vbg5RLhkbFfVyMdu8rLi


Telegram Group: https://t.me/pindula

Back to top

Write a Comment

Your email address will not be published.


Share Full Post

Nyaradzo logo

RSS Recent Profiles Created

Satisfaction survey
How likely is it that you would recommend Pindula News to a friend or colleague?
SuggestionsHow can we improve?
You have already submitted your feedback. If you would like to add more feedback please write us on hello@pindula.com.