Zimbabwe hit by second fuel hike in a week
With immediate effect, a litre of diesel will cost $1.68 (£1.28) up from US$1.51, while petrol will cost $1.67 per litre. Petrol prices have risen 10% in the last week and 18% since February.
Zimbabwe’s government has hiked fuel prices for the second time in a week, following rising oil prices on the international market.
With immediate effect, a litre of diesel will cost $1.68 (£1.28) up from US$1.51, while petrol will cost $1.67 per litre. Petrol prices have risen 10% in the last week and 18% since February.
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The hike is expected to worsen inflation, which surged from 60% in January to 66% in February, meaning that the cost of living is rising.
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Source: ghextractives.com
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