• Latest
  • Trending

Zimbabwe hikes fuel price again after minister says it’s still cheap

July 14, 2019
Measles making a deadly comeback across Africa

Measles making a deadly comeback across Africa

October 20, 2019

China closer to control of Guinea’s Simandou North

October 20, 2019

EFF calls for ‘admittedly clueless’ Jabu Mabuza to go

October 19, 2019

Ebola Still An ‘Urgent’ Global Health Emergency: WHO

October 19, 2019

Delay in Jacob Zuma’s case as former president plans appeal

October 17, 2019

Pair arrested as Hong Kong police raid flat and seize explosives

October 17, 2019

Nigeria could be heading towards its second recession in three years

October 14, 2019

The train company rebuilding South Africa’s commuter fleet

October 14, 2019

The spectre of David Mabuza presidency has split the DA over Maimane

October 14, 2019

Ethiopian Will Weigh Stake in South Africa’s Debt-Ridden Airline

October 14, 2019
Hong Kong Police Ready to Face More Anarchists

Hong Kong Police Ready to Face More Anarchists

October 14, 2019

DA internal investigation finds no wrongdoing committed by Mmusi Maimane

October 14, 2019
Sunday, December 15, 2019
The Colonial Chronicler
No Result
View All Result
  • Africa News
  • World News
    • Asia
      • China
      • North Korea
    • Canada
    • Europe
    • Latin America
    • Middle East
    • Russia
    • United Kingdom
    • United States
  • National Security
    • Cyber Security
    • Military
    • Politics
      • Democracy
      • Free Speech
    • Terrorism
  • Business
    • Economy
    • Free Market
  • Science
    • Technology
  • Culture
    • Art
    • Books & Literature
    • Food & Drink
    • Health
    • History
    • Movies & TV
    • Music
    • Privacy
    • Religion
    • Women & Children
  • Environment
    • Climate Change
    • Endangered Species
    • Forests
    • Wildlife
  • Sports
    • Auto Racing
    • Cycling
    • Football
    • Golf
    • Olympics
    • Tennis
    • Water Sports
  • Africa News
  • World News
    • Asia
      • China
      • North Korea
    • Canada
    • Europe
    • Latin America
    • Middle East
    • Russia
    • United Kingdom
    • United States
  • National Security
    • Cyber Security
    • Military
    • Politics
      • Democracy
      • Free Speech
    • Terrorism
  • Business
    • Economy
    • Free Market
  • Science
    • Technology
  • Culture
    • Art
    • Books & Literature
    • Food & Drink
    • Health
    • History
    • Movies & TV
    • Music
    • Privacy
    • Religion
    • Women & Children
  • Environment
    • Climate Change
    • Endangered Species
    • Forests
    • Wildlife
  • Sports
    • Auto Racing
    • Cycling
    • Football
    • Golf
    • Olympics
    • Tennis
    • Water Sports
No Result
View All Result
The Colonial Chronicler
No Result
View All Result

Zimbabwe hikes fuel price again after minister says it’s still cheap

July 14, 2019
in Africa News, Africa Today, Business, Economy, Featured, Government, People
0
Home Africa News
Post Views: 19

 

Zimbabwe’s energy regulator has raised petrol and diesel prices by up to 16%, the fourth increase this year, after the finance minister said fuel was considerably cheaper than in neighbouring countries.

President Emmerson Mnangagwa announced the biggest fuel price hike in January, a 150% increase, which sparked deadly protests by financially struggling Zimbaweans that left more than a dozen people dead after an army clampdown.

The Zimbabwe Energy Regulatory Authority said late on Friday that effective Saturday, petrol would cost ZIM$6.10 (about 20c) a litre, up from ZIM$5.26, while the price of diesel had been increased 13% to ZIM$5.84.

RelatedPosts

Measles making a deadly comeback across Africa

China closer to control of Guinea’s Simandou North

EFF calls for ‘admittedly clueless’ Jabu Mabuza to go

Ebola Still An ‘Urgent’ Global Health Emergency: WHO

Delay in Jacob Zuma’s case as former president plans appeal

Finance Minister Mthuli Ncube was quoted in a daily newspaper on Thursday as saying he would be happy if the price of fuel was equivalent to $1 (about R13) per litre.

While Ncube wants fuel prices to reflect import costs, many Zimbabweans can barely afford to pay them when the unemployment exceeds 80% and the entry-level wage for a government employee is about $49 a month – enough to buy a car tyre.

But with no sign of an end to rolling power cuts in the southern African country, demand for fuel has risen as businesses resort to more expensive diesel-powered generators.

Analysts say this is increasing the price of doing business, with companies likely to pass the cost to consumers, who are already grappling with inflation of nearly 100%.

There were long queues at service stations selling fuel early on Saturday.

Hopes that living standards would soon improve under Mnangagwa, who came to power after Robert Mugabe was removed in a coup in 2017, have not been realised. Instead, Zimbabweans are frustrated by daily power outages lasting up to 17 hours and severe shortages of US dollars, fuel, bread, and medicines.

Also Read : South Africa: Young Women in Soweto Say Healthy Living Is Hard. Here’s Why

Source: IOL
Tags: Africa NewsAfrica TodayBusinessEconomyFuel PriceGovernmentPeopleZimbabwe

Related Posts

Measles making a deadly comeback across Africa
Africa News

Measles making a deadly comeback across Africa

October 20, 2019
Africa News

China closer to control of Guinea’s Simandou North

October 20, 2019
Africa News

EFF calls for ‘admittedly clueless’ Jabu Mabuza to go

October 19, 2019
Africa News

Ebola Still An ‘Urgent’ Global Health Emergency: WHO

October 19, 2019
Africa News

Delay in Jacob Zuma’s case as former president plans appeal

October 17, 2019
Next Post

Sudan power-sharing deal signing delayed

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Translate

Popular Post

Measles making a deadly comeback across Africa
Africa News

Measles making a deadly comeback across Africa

October 20, 2019
0

  Diana Nalubwama had noticed a lot of children in her neighborhood in Wakiso, a town on the outskirts of...

Read more
Meet the Kenyan Teens Tackling FGM with an App

Meet the Kenyan Teens Tackling FGM with an App

August 10, 2017
South Africa’s Opposition Moves to Dissolve Parliament

South Africa’s Opposition Moves to Dissolve Parliament

August 10, 2017
Diabetes on Rapid Rise through Sub-Saharan Africa

Diabetes on Rapid Rise through Sub-Saharan Africa

August 10, 2017
Africa Leaps Forward into Space Technology

Africa Leaps Forward into Space Technology

August 10, 2017
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Creative Commons
  • Contact Us

Topics

Follow Us

About Us

The Colonial Chronicler is part of The Colonial Chronicler LLC, which delivers daily news around the globe.

© 2011 The Colonial Chronicle

No Result
View All Result
  • Africa News
  • World News
    • Asia
      • China
      • North Korea
    • Canada
    • Europe
    • Latin America
    • Middle East
    • Russia
    • United Kingdom
    • United States
  • National Security
    • Cyber Security
    • Military
    • Politics
      • Democracy
      • Free Speech
    • Terrorism
  • Business
    • Economy
    • Free Market
  • Science
    • Technology
  • Culture
    • Art
    • Books & Literature
    • Food & Drink
    • Health
    • History
    • Movies & TV
    • Music
    • Privacy
    • Religion
    • Women & Children
  • Environment
    • Climate Change
    • Endangered Species
    • Forests
    • Wildlife
  • Sports
    • Auto Racing
    • Cycling
    • Football
    • Golf
    • Olympics
    • Tennis
    • Water Sports

© 2011 The Colonial Chronicle