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Fuel Pump Prices Go Up

Fuel pump prices have been hiked effective Tuesday 12th November, 2013, Malawi Energy Regulatory Authority (MERA) has announced.

MERA has cited continued depreciation of the Malawi currency against the United States dollar as a main factor for the adjustment.

A statement released by the country’s energy regulatory body on Monday, Petrol has been hiked from K737.60 to K760.00 per litre while Diesel has moved from K730.90 to K770.20.

 

MERA for the fourth time has not adjusted price of paraffin for domestic use which is used for lighting by majority of poor rural Malawians and for domestic use.