Zimbabwe reduces gasoline prices for first time in six months

Reducing the pump price by 0.3% to Z$675.35 per liter with immediate effect.
Image: Bloomberg

Zimbabwe cut the price of gasoline for the first in six months by reducing the pump price by 0.3% to Z$675.35 per liter with immediate effect.

Diesel will retail at Z$714.45 per liter from Z$714.91, Zimbabwe Energy Regulatory Authority said in an emailed statement on Tuesday. The last time the southern African country reduced local currency prices was on January 6.

© 2022 Bloomberg

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