fuel price

GOVERNMENT and oil firms have agreed on a reduced diesel price of $17,28 per litre following a decline in oil prices on the international market.
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Government has reduced the price of Diesel 50 from US$1,30 to US$1,22 per litre with effect from tomorrow as part of efforts to peg a realistic price of the eco-friendly fuel.
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Despite international oil prices dropping significantly in recent weeks, the country’s retailers have only marginally reduced their prices, resulting in consumers failing to benefit from the global price decline.
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HARARE - Government has hiked fuel prices to raise cash for elections, in a move that could result in a spiral of price increases of basic commodities. Finance minister Tendai Biti announced the hike on Monday.
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