Zimbabwe's latest fuel price cut takes just four cents off diesel and one cent off E20 petrol. ZERA has set the new limits at US$2.04 (ZiG54.55) for diesel and US$2.05 (ZiG54.70) for the petrol blend. A small drop, but a drop all the same.
Diesel had reached US$2.08 under the last review, while petrol stood at US$2.06. Both fuels had seen hikes before this change. Drivers get a bit of relief, although the savings are hardly huge.
Fuel stations can set cheaper rates if their business costs allow it. But ZERA still requires each retailer to show its pump charges clearly. The listed figures are price ceilings, not fixed rates that every station must charge.
Online, the reaction was pretty blunt. Allan Bandama questioned why Zimbabwean fuel costs more than in other SADC nations. Phil James criticized the pattern of small cuts followed by far larger hikes. Fair to say neither seemed impressed.
Solomon Marange and Blessing Mabhiza also mocked the tiny savings. Lovington Siziba felt the announcement was hardly worth posting, while David Kachinza expressed frustration with the whole thing. The general mood among these commenters was far from cheerful.
Diesel had reached US$2.08 under the last review, while petrol stood at US$2.06. Both fuels had seen hikes before this change. Drivers get a bit of relief, although the savings are hardly huge.
Fuel stations can set cheaper rates if their business costs allow it. But ZERA still requires each retailer to show its pump charges clearly. The listed figures are price ceilings, not fixed rates that every station must charge.
Online, the reaction was pretty blunt. Allan Bandama questioned why Zimbabwean fuel costs more than in other SADC nations. Phil James criticized the pattern of small cuts followed by far larger hikes. Fair to say neither seemed impressed.
Solomon Marange and Blessing Mabhiza also mocked the tiny savings. Lovington Siziba felt the announcement was hardly worth posting, while David Kachinza expressed frustration with the whole thing. The general mood among these commenters was far from cheerful.
