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ZERA Announces New Fuel Prices Effective 6 March 2023

2 years agoMon, 06 Mar 2023 07:37:11 GMT

ZERA Announces New Fuel Prices Effective 6 March 2023

The Zimbabwe Energy Regulatory Authority (ZERA) has announced new fuel prices effective March 6, 2023.

In a statement seen by Pindula News, the regulator said petrol would now be sold at US$1.62 or ZW$1455.32 up from US$1.59 or ZW$1 241.01 announced on 26 January 2023.

The authority also said the retail price for diesel is now US$1.67 or ZW$1 499.26 down from US$1.68 or ZW$1 315.09 up from US$1.62 or ZW$1 188.77. Read part of the statement:

The prices are for March 2023 based on M-1 and they will be effective up to 5 April 2023.
The public and operators are advised that the blending ratio remains at E5. Operators may sell the petroleum products below the prescribed prices depending on their trading advantages and should display prices in a prominent place as provided for by the fuel pricing regulations. Stakeholders are advised that the petroleum price releases by ZERA can be verified on the official ZERA website, Facebook or Twitter handle.
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For historical prices since June 2020, please see: Zimbabwe Petrol And Diesel Fuel Prices (ZERA Updates 2020 – 2023)

The average price of diesel around the world is 1.29 U.S. Dollars per litre while the average price of gasoline around the world is 1.30 U.S. Dollars per litre.

GlobalPetrolPrices.com says the differences in prices across countries are due to the various taxes and subsidies for diesel. All countries have access to the same petroleum prices of international markets but then decide to impose different taxes. As a result, the retail price of diesel is different.

President Emmerson Mnangagwa last year directed that duty on fuels be reduced by US 13 cents among other measures to ensure the supply in the market remains stable and affordable.

Fuel prices went up in February with the government attributing the increase to the war between Russia and Ukraine which they said disrupted global trade as the two countries are the main producers of oil.

Analysts noted, however, that while the conflict had an impact on economies all over the world, Zimbabwe’s fuel prices were greater than those of its regional counterparts because of higher taxes.

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15 Comments

Big Dhara Munhu Mukuru · 2 years ago

Saka towards maElection zvinhu zvikaramba zvichidai akomana ndiyani achati majority yeZim ndiyo yaka vhotera ED hahaha. I mean it won't make sense, Black Adam u said it right, they don't even increase salaries. The cost of living is very high now apa kune maSchool fees for parents ari due. Imika veZanu musataure nonsense manzwaaaa the situation in Zim is bad period.

Bhomora Zvekuti · 2 years ago

@Vybz Kartel Chamisa has a youth empowerment policy which will give funding to their projects and also employment creation. It's something that is parallel to what Zanu is doing not supporting dreams but destroying them.

Black Adam ⚡ · 2 years ago

Sezvo muchiti vese vasiri veZanu tinongo hukura tichingohukura. Chizivai kuti maPrices eFuel affect us all. Apa u don't increase salaries too saka tinongo hukura and we wont vote for Zanu coz tiri kutoona kuti such an Evil party icharamba ichiomesera hupenyu for the people. CCC has a different vision that will make life in Zim great.

VYBZ KARTEL · 2 years ago

Can you tell me a single policy which the CCC plans to implement that is visionary

Jah 🇿🇼 Tsvarie-07 · 2 years ago

one policy that is visionary is the way Chamisa has started sleeping with Fadzai Maheree so that he may be his full time small house. That's visionary because whenever his wife Sithokozile is having her periods he can get séxûâl gratification from Fadzai Mahere

Anonymous · 2 years ago

I wouldn't laugh at that joke @Jah Tsvarie if even if I was paid to Why ? because it's not funny at all The parts where you use vulgar words are sickening

Black Adam ⚡ · 2 years ago

@Vybz Kartel the one policy I will tell you is Chamisa's Foreign Policy. Something your Zanu old heads will never understand because their vision is backward.

VYBZ KARTEL · 2 years ago

@Black Adam I want a single domestic policy not foreign policy. What will it benefit us as Zimbabweans?

Yoyoyo · 2 years ago

@Vybz and @Jah fellas you have been brainwashed to support Zanu to such an extent that it's failure to make Zimbabwe great looks like an achievement to you. The Ministry of sports check it out ....our stadiums are beautifucan't't'ti.... especially National sports is in a maBucket seats hahahah, our Karate Team failed to attend a tournament in Japan nekuti vakanyimwa mari and yet we have world champions in zim in Karate. All of this good work that Zanu does even kuwomera nemaSalaries its a good thing to u guys. And it's clear theat you are part of the Stinky Men Association

Aj · 2 years ago

Vybz and Jah Tsvarie all that matters to them Seeeeeex and seeeeex with who.res. Especially Jah Tsvarie haamisi he sees women as **** objects... That's very bad, Women are human beings and they dont have to be treated as if they were created only to be banged. Asi hauna kurerwa naMai or u don't have sisters.

Black Adam ⚡ · 2 years ago

@Vybz well Exporting more than importing goods. Increase in locally produced high quality goods will create jobs, economic growth as the USD circulates around us rather than giving it away to China. We import a lot from SA and China... And yet Zimbabwe has all the resources to make clothes, shoes and farm fruits and veggies. How many 100% juiciest do u see in a shop in Zim written made in SA? Clothes are written made in China or Taiwan. Japan is an example of a nation that has pride in it's own domestic products and it exports more. Zimbabwe has brilliant minds that are being suffocated, they will be free this year after the elections when CCC wins.

uGatsheni boya beNyathi · 2 years ago

where in Norton can i get fuel in Zim dollar

Jah 🇿🇼 Tsvarie-07 · 2 years ago

ko nyaradzo ya Manchester United irikuitwa rinhi?Hanzi aiva muSatanist achizviti red devil manje anonowana nzvimbo yekuisa mweya wake here iyeye Manchester United haayas uyu igehena straight

VYBZ KARTEL · 2 years ago

Makukwidza fuel nekuti matsamwa kuti Man U yakarakashwa🤣🤣🤣🤣🤣🤣🤣

Only One · 2 years ago

Mamukaseiko anapambwa