Fuel prices remain unchanged

In a statement, ZERA said it has noted with concern that some individuals and companies are advertising mobile fuel dispensing services through the press and social media. “Stakeholders and the public are advised that ZERA does not have a license category for mobile fuel dispensing, nor does it license trucks to do retail filling of fuel to consumers at their homes or doorsteps, nor at any other undesignated places,” read the statement.

THE Zimbabwe Energy Regulatory Authority (Zera) said on Saturday that the country’s fuel prices remain unchanged for this week, much to the relief of motorists used to weekly price increases.

This is the second week in a roll that the energy regulator had kept fuel prices unchanged. From August, Zera had been increasing fuel prices weekly in tandem with the floating exchange rate, much to the chagrin of motorists.

But in spite of the price increase, the commodity has remained scarce, with long winding queues a common feature at all fuel stations.

In a statement, Zera said fuel prices remained unchanged at $14.97 per litre of petrol and $15.64 for diesel.

“Please be advised that the fuel prices effective Monday 21 October 2019 are as follows: $15.64 per litre for diesel and $14.97 for petrol.

“Accordingly, prices have therefore not changed for both diesel and blend.

“Operators may however sell at prices below the cap depending on their trading advantages,” said Zera.

While the regulator encourages fuel companies to sell at below the set prices depending on their trading advantages, the operators hardly do that. Instead, many actually charge above the set thresholds. — New Ziana