ZERA Hikes Fuel Prices For October
The Zimbabwe Energy Regulatory Authority (ZERA) has announced new fuel prices effective Tuesday, 5 October 2021.
According to a notice issued by the energy regulator on Tuesday night, the maximum pump price of diesel has been set at ZWL$122.13 or US$1.38 per litre while that of petrol has been capped at ZWL$123.71 or US$1.40 per litre.
This is a significant increase from the fuel prices for September. Last month ZERA set the cap for the price of diesel at ZWL$115.15 or US$1.34 per litre and petrol at ZWL$118.42 or US$1.38 per litre.
In its latest fuel price adjustment, ZERA said operators may sell at prices below the cap depending on their trading advantages.
In other news,
‘UNPAID’ MAN BURNS US$2,5M COTTON. . . Suspect threatens to burn more
AT LEAST 1,2 million kilograms of cotton lint with an estimated value of US$2,5 million has been destroyed by fire at a ginning site at Checheche Growth Point in Chipinge South.
The fire broke out in the early hours of yesterday at a Cotton Company of Zimbabwe Limited (Cottco) ginning site…Learn More