Fuel prices went up by 1.19 Zimbabwe dollars per liter for diesel and 1.14 Zimbabwe dollars per liter for petrol effective Monday, as energy regulator the Zimbabwe Energy Regulatory Authority (ZERA) maintains a weekly fuel price adjustment regime.
The new prices are 12.08 dollars per liter for diesel and 11.55 dollars per liter for petrol.
Prices went up by 47 cents per liter for diesel and 46 cents per liter for petrol last Monday to 10.89 dollars and 10.41 respectively.
“The changes in the fuel prices are due to the FOB (Free on Board) price movements and the revised duty regime applicable from Monday 23 September 2019.
“Operators may however, sell at prices below the cap depending on their trading advantages,” ZERA said in a statement.
Zimbabwean motorists have endured fuel shortages for several years now, largely due to foreign currency shortages.
Although prices are generally rising every week, they remain among the cheapest in the Southern African Development Community. Enditem