Diesel, Petrol Prices Rise as ZERA Strengthens Supply Chain Measures

Takudzwa Karowangoro

The Government of Zimbabwe Energy Regulatory Authority (ZERA) has announced new retail fuel prices effective March 2026, as part of ongoing efforts to stabilise the country’s petroleum sector and ensure consistent supply across all regions.

Under the latest pricing structure, diesel (50) will retail at ZWG 52.19 per litre, equivalent to US$2.05, while Blend (E5) petrol is now set at ZWG 55.13 per litre, or US$2.17 per litre. The adjustments reflect prevailing cost pressures on the global oil market, as well as logistical challenges affecting supply routes.

ZERA has, however, reassured the nation that there are sufficient fuel stocks within the supply chain. Current reserves  sourced through the Beira corridor and inland storage facilities are said to provide more than three months’ cover, easing concerns over potential shortages.

In a statement, the regulatory authority noted that it is actively monitoring the security of fuel supply, particularly in light of disruptions linked to ongoing tensions in the Middle East. Working closely with oil traders, ZERA is exploring and opening alternative supply routes that are not affected by the conflict, in a move aimed at safeguarding Zimbabwe’s energy security.

The authority also highlighted that fuel prices will continue to be reviewed on a two-week cycle. This approach, it said, is necessary to respond swiftly to market changes and to prevent arbitrage a situation where price differences could encourage illegal fuel trading or smuggling.

Meanwhile, the Government has reaffirmed its commitment to ensuring equitable fuel distribution nationwide. Special focus is being placed on remote and underserved areas, where supply inconsistencies have previously been a concern.

State-linked entities such as Petrotrade and National Oil Infrastructure Company of Zimbabwe (NOIC) are expected to play a central role in this effort. These companies will be actively involved in transporting and distributing fuel to service stations across the country, helping to close supply gaps and improve accessibility.