Zimbabwe increases price of diesel by 10 cents


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Zimbabwe has increased the price of diesel by 10 and that of petrol by 11 cents from tomorrow.

According to a notice by the Zimbabwe Energy Regulatory Authority diesel will be selling for $17.53 from tomorrow while petrol will go for $16.77.

It is not clear whether this is the last price increase or not as Finance Minister Mthuli Ncube has announced that austerity measures are now over.

It is now time for consolidation, productivity and job creation.

Ncube is expected to announce his 2020 budget on Thursday.

(85 VIEWS)

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The Insider

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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