The Zimbabwe Energy Regulatory Authority (ZERA) has announced fuel prices effective from 06 February to 04 March 2024.
ZERA set the price of diesel at US$1.67 per litre, up from US$1.66 and the price of petrol at US$1.64 per litre, up from US$1.57 announced on 04 January. ZERA said in a notice:
The prices are for February 2024 based on M-1 and they will be effective up to 4 March 2024.
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The public and operators are advised that the blending ratio is 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.
The increase in the price of fuel, though slight for diesel, may result in a fresh wave of price increases.
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In other news, The City of Gweru Repossesses Residential Stands
The City of Gweru has reportedly repossessed at least 26 residential stands in Mkoba 21 from the government after its beneficiaries failed to pay for them.
As reported by the Southern Eye, a memo addressed to the beneficiaries dated January 30 copied to the Housing and Social Amenities ministry written by the housing committee, states that the repossessed stands attract a penalty at current market rates.
