Zimbabwe now has the highest fuel prices, not only in the Southern African Development Community (Sadc), but also on the African continent according to globalpetrolprices.com. Zambia's fuel costs US$1,57 per litre, Botswana US$1,19, Mozambique US$1,21, Namibia US$ 1,29, and South Afri...
"Until three weeks ago, fuel pump prices were stable before a circa 5c increase per litre which was later to be neutralised by government's decision to lower excise duty on fuel by a similar margin." Equity Axis said all these developments transpired under three weeks and this had no relat...
Production Capacity 100 Set Per Month Product Description Oil/fuel tank truck, mainly used for transport and storage of gasoline, kerosene, diesel, vegetable oil, edible oil, heavy oil, coal tar and non-oil products, alcohols, aldehydes, ...
In the fuel cost build-up, Zera cited Zimbabwe being a landlocked country as one of the factors contributing to the spike in fuel price. But other landlocked countries like Zambia are cheaper. “Inasmuch as Zambia is landlocked, it uses the Dar es Salaam port (in Tanzania) and from what ...
Fuel was reduced by 8 cents for both petrol and diesel, with petrol price falling from US$1,67 per litre to US$1,59, while diesel dropped from US$1,68 per litre to US$1,60. This was attributed to the decline in oil prices on the international market. ...
When you raise the cost of fuel per litre, what it means is to tell Gift that if you have fuel covering 200km per week, don't embark on the trip because I am making it more expensive for you to do so. It causes demand restraint; that is a way of coping with a scarcity situation...
Mazambani said it is US$0,95 cents per litre, compared to US$1,20 per litre for Zambia and more than a dollar for South Africa.However, he said Zera had no records of people from other countries caught buying several litres of fuel from Zimbabwe....
NOIC says while little can be done about road transport costs, the costs for pipeline and rail can progressively come down to US$0,6 and US$0,3 per litre by 2025. “We have put in place mechanisms to ensure that we achieve this level of competitiveness by pipeline. ...
Under the present import protocols, petrol pays excise duty of 49 US cents per litre, while diesel is charged 38 US cents per litre. Two of the truck drivers have since been arrested and appeared in court over the matter. Zimra is now processing the suspension of the bond for the clearing...
At least 42 local companies were investigated by the Zimbabwe Anti-Corruption Commission (ZACC) for fuel fraud in January 2020. Now, the situation has changed as authorities sought to close the gap. Until recently, maximum retail prices were pegged at US$1,71 per litre of diesel and US$1,...