HARARE, Zimbabwe.(News of the South)-The Zimbabwe Energy Regulatory Authority has approved an increase in the price of petrol and diesel with effect from today.
By Antonnate S. Mugodi
The price for diesel has gone up with immediate effect from ZWL 62.77 to ZWL 83.36 per litre while blend petrol has gone from ZWL 71.62 to ZWL 93.15 per litre.
Diesel is noted to have gone up by 24.7% since last month and blend has gone up 23.1%.
The price for fuel in foreign currency has not changed as diesel is still going for USD$ 1.09 and blend is till at UDS$ 1.28.
Some service stations have hiked the prices and are already selling fuel at these prices.
Most service stations throughout the country have been selling fuel in US dollars while fuel for local currency is in short supply.
Motorists who had bought fuel coupons for Puma in local currency are being forced to sign a contract which makes them get half the fuel reflected on the coupon.
One motorist from Bulawayo told this reporter that he has 40 litres of coupons for diesel and was told that if he wants forex fuel in exchange for his coupons he will get 20 litres and sign a contract showing that he deliberately agreed to get less fuel.
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