Current Affairs

Petrol and Diesel Prices Jump in Latest ZERA Review

Fuel prices have increased again, with diesel rising from US$2.05 to US$2.11 per litre and petrol going up from US$2.17 to US$2.23 per litre, according…

Petrol and Diesel Prices Jump in Latest ZERA Review

Fuel prices have increased again, with diesel rising from US$2.05 to US$2.11 per litre and petrol going up from US$2.17 to US$2.23 per litre, according to the latest review by the Zimbabwe Energy Regulatory Authority.

📰 For this and more exclusive stories, read our weekly digital print edition.

Read E-Paper

The new prices took effect on April 2, 2026.

This comes as the Government has announced the temporary removal of all taxes on diesel, effective April 3, 2026, in a bid to cushion consumers and key sectors from rising global fuel costs.

In a statement, authorities said the move is meant to ease pressure on industries such as transport, agriculture, mining, and manufacturing, which rely heavily on diesel.

The suspended charges include excise duty, the ZINARA levy, carbon tax, and the strategic reserve levy, which together amount to about US$0.54 per litre.

Officials noted that without this intervention, diesel prices could have climbed to around US$2.65 per litre.

Despite the relief measures, fuel prices continue to face upward pressure due to increases in the global market, particularly linked to geopolitical tensions in the Middle East.

Petrol prices remain unaffected by the tax suspension and continue to reflect international cost movements.

Authorities say Zimbabwe still has adequate fuel supplies and is exploring alternative import routes to ensure stability in the market.

Takudzwa Karowangoro
Takudzwa Karowangoro

Takudzwa Karowangoro is a Zimbabwean journalist and Online News Editor at Hurumende News, where he covers national affairs, politics, business, community issues and breaking news. He is a dedicated media professional with a passion for journalism, storytelling and keeping the public informed through accurate and timely news reporting. In 2026, Karowangoro represented Zimbabwe and Hurumende News at the Seminar for News Officials and Journalists from the Global South in China. The programme exposed participants to developments in digital journalism, artificial intelligence, multimedia content production and modern news dissemination. His professional interests include digital media, investigative journalism, technology, governance, business and developments shaping Zimbabwe and the wider African continent.

Leave a Comment