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ZERA hikes fuel prices

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Zimbabwe fuel pump price has gone up with immediae effect , the Zimbabwe Energy Regulatory Authority (ZERA) has announced.

The fuel prices increases comes barely a month after the regulatory authority hiked prices in February.

Fuel went up from US$1.26 to US$1.30 per litre of petrol and from US$1.27 to US$1.32 for diesel.

RTGS prices have gone up to ZWL$110.41 from ZWL$105.58 for diesel, while petrol is now pegged at ZWL$109.17 from $104.82

However, ZERA says operators may sell below the cap prices depending on their trade advantages.

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