Fuel prices goes up

The price of fuel has gone up with petrol now selling at $1,70 per litre and diesel at $1,50 in a move that could push the prices of basic commodities up.

Report by Richard Muponde

Before the unexpected price hike, petrol was last week selling at between $1,50 and $1,55 per litre while diesel was going for between $1,38 and $1,40.

A survey by Southern Eye revealed that most of the service stations in the city had increased their prices although some were still selling petrol at $ 1,52 and diesel at $1,40.

A petrol attendant at a garage in the city confirmed the price increases and said he was waiting for a directive from his employer to do likewise.

“Most garages have hiked prices. “However, here we are yet to do so. I am only waiting for a directive from my boss,” he said.

“I have been speaking to my colleagues in Harare who are in the same trade. They are telling me that petrol has risen up to $2 per litre.”

The latest increase in fuel prices follows another increase by the previous government on March 9.

That was after the government had increased excise duty on fuel by at least 20%, a cost which was passed to consumers by suppliers.

Announcing the price increases, outgoing Finance minister Tendai Biti said the increase in duty for fuel was among a cocktail of measures that the then coalition government had agreed on to ensure polls were held.

The elections were held on July 31 and were won by President Robert Mugabe and his Zanu PF party.

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