Fuel price goes up by US$ 0.04 as government increases strategic reserve levy by 323%.
This follows a notice issued by Minister of Finance and Economic Development, Mthuli Ncube recently.
Strategic reserve levy charged on all fuel imports, is now US$0,127/L of diesel & US$0.087/L of petrol from US$0,03/L for both petrol & diesel.
Apparently, in Zimbabwe prices of fuel have a strong bearing on the general prices of commodities.
However, the recent margins of fuel price hikes are relatively low, hence no huge impact on prices of commodities in general.
Zwnews
Buying a car in South Africa and bringing it into Zimbabwe through Beitbridge has become… Read More
For years, our platform has been your trusted destination for breaking football news, match updates,… Read More
Across Africa, vehicle buyers and importers are discovering a new way to connect — through… Read More
Cars for sale in Lesotho are now easily available to consumers with different budgets. Moreover,… Read More
The Zimbabwe Republic Police (ZRP) confirms a fatal road traffic accident which occurred on 23/10/25… Read More
Zimbabwe's state security agency, Central Intelligence Organisation (CIO) has burst an intricate WhatsApp-based scam through… Read More