ZERA have announced that fuel prices will remain the same as those they announced last week. This is the first time this has happened in a long time. Usually, we wake up to new prices, shocking prices in the case of last week, each Monday morning.

 Diesel ZWL$/LitrePetrol ZWL$/Litre
Exchange Rate0.58210.5323
Exchange Rate9.509.50
Duty (ZIMRA Exchange Rate-15.163)4.00954.1708
Oil Company Margin0.65680.6220
Dealer Margin0.81230.7692
Maximum Pump Price12.4211.76

Please be advised that fuel prices effective Monday 14 October 2019 are as [above]

Accordingly, prices have therefore not changed for both diesel and blend. Operators mya however, sell at prices below the cap depending on their trading advantages

ZERA on Twitter

The week-old hoax

Last week ZERA raised fuel prices over the weekend, earlier than usual. That Monday another image similar to the ones they give out announcing fuel prices “leaked”. It purported to show new fuel prices that would be effective today with diesel selling above $18. That was a hoax.

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