Home
About
Contact
Register
Login
Generate
WhatsApp Message
*Fuel Prices May Increase Weekly- ZERA* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?gs Fuel prices will most likely go up every week as Freight on Board (FOB) costs change, thus having a bearing on duty. This was said by Zimbabwe Energy Regulatory Authority acting CEO, Eddington Mazambani when he appeared before the Gabuza Joel Gabbuza-led Parliamentary Portfolio Committee on Energy. He said: ---------- Latest itel S24 available on Pindula: 128GB storage, 4GB RAM $119 USD WhatsApp: +263715068543 Calls: 0772464000 Buy Online: https://www.pindula.co.zw/market/itel-s24-128gb-22-20240426142756795795/?s=wanews ---------- > Due to that duty is now a percentage, it will be very difficult to keep the same price of fuel every week. > It is now a percentage of costs which we do not determine, and if the FOB costs changes, it means that our duty costs will also change. Mazambani revealed that the way duty is computed has changed since the government increased the duty on diesel by 175,55%, while duty on petrol increased by 148%. He said: > The method of pricing of fuel has not changed. The only thing that has changed is the way duty is computed because the previous duty on diesel was at 90 cents and for petrol it was $1,10 cents per litre, but now it is based on a percentage and for petrol, it is $2,73 and for diesel, $2,48. More: NewsDay _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
Copy to clipboard
Feedback