Home | World | Africa | BREAKING: Mnangagwa raises price of fuel to $3 per litre
VIDEO: President Robert Mugabe Dozes Off at State Function While Wife Humiliates Presidential Spokesperson
Christianity and the Curse of the Papa Generation

BREAKING: Mnangagwa raises price of fuel to $3 per litre

President Emmerson Mnangagwa has announced that the price of fuel has been hiked to $3.31. He was speaking in a press briefing on Saturday at State house.

[embedded content]

The President said the move has be done to  prevent generalised price hikes which are hurting the ordinary commuting citizens.

We publish an excerpt of the statement below:

Starting midnight today, fuel prices have been increased. Diesel pegged at $3.11 per litre, Petrol pegged at $3.31.

These prices are predicated by on the ruling official exchange rate of 1:1 between the Bond note and  Government is aware of attempts by certain elements seeking to cause unrest in the country by capitalising on fuel shortage.

Where criminal traces are apparent, the law will take its course.

Government to enhance the export incentive scheme by an additional 2.5%.Government is also putting in place a package of measures to cushion its workers, until a full review of cost of living adjustment package due in April 2019 is effected in the context of current budget.

Government guests by way of foreign missions and other registered foreign bodies and tourists will fuel and refuel at designated points at price US$1.24 and US$1.32 for diesel and petrol respectively.

CLICK HERE TO READ MORE FROM: Africa Visit website


view more articles

About Article Author

Chuka (Webby) Aniemeka
Chuka (Webby) Aniemeka

Chuka is an experienced certified web developer with an extensive background in computer science and 18+ years in web design &development. His previous experience ranges from redesigning existing website to solving complex technical problems with object-oriented programming. Very experienced with Microsoft SQL Server, PHP and advanced JavaScript. He loves to travel and watch movies.

View More Articles

100 Most Popular News

Displaying 1 - 19 of 19