The Zimbabwe Energy Regulatory Authority (ZERA) has announced yet another fuel price increase due to “oil price patterns on the international market”.
This development does not come as a shock to many because ZERA has revised the prices within short intervals before. As of today (25 April 2022) the ZWL prices are $264.77/litre for Diesel 50 and $252.40/litre for Blend –E10. The USD prices are $1.71 for Diesel 50 and $1.63 for Blend-E10.
These price hikes are bound to affect everything else from transport prices to food and it will weigh hard on already struggling Zimbabweans. Recently the prices of mealie meal and bread were increased and the exchange rates of the USD to Bond are ever-increasing.
Many people in Zimbabwe are paid in local currency especially civil servants who already had issues with the government earlier this year when they were negotiating salary increases citing the high cost of living in Zimbabwe.