Home World News Zimbabwe hikes fuel price again after minister says it’s still cheap

Zimbabwe hikes fuel price again after minister says it’s still cheap

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Zimbabwe hikes fuel price again after minister says it's still cheapZimbabwe’s energy regulator has raised petrol and diesel prices by up to 16%, the fourth increase this year, after the finance minister said fuel was considerably cheaper than in neighbouring countries. President Emmerson Mnangagwa announced the biggest fuel price hike in January, a 150% increase, which sparked deadly protests by financially struggling Zimbaweans that left more than a dozen people dead after an army clampdown. The Zimbabwe Energy Regulatory Authority said late on Friday that effective Saturday, petrol would cost 6.10 Zimbabwe dollars ($0.70) a litre, up from 5.26, while the price of diesel had been increased 13% to 5.84 Zimbabwe dollars.

Source: Yahoo.com