Zimbabwe hikes diesel, petrol prices by up to 47%: Energy regulator

WION Web Team
New Delhi, Delhi, India Updated: May 21, 2019, 06:34 PM(IST)

Representative Image. Photograph:( Zee News Network )

Story highlights

The latest price increase had been expected and follows an earlier 150 per cent hike in January.

Zimbabwe on Tuesday hiked the prices of petrol and diesel by up to 47 per cent effective immediately. 

An announcement in this connection was made by Zimbabwe's energy regulator, a day after the central bank said oil firms would now buy dollars to import fuel on the interbank market.

The latest price increase had been expected and follows an earlier 150 per cent hike in January, which sparked violent street protests and led to the death of a dozen people after a security crackdown.

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