Below is the ZERA statement.

RE: REVIEW OF FUEL PRICES EFFECTIVE 21 MAY 2019

The Zimbabwe Regulatory Authority (ZERA) advises that in terms of amendments to Statutory Instruments 9 and 10 of 2019 and the new measures taken by the Reserve Bank of Zimbabwe on fuel procurement based on the interbank rate, applicable prices for the period 21 May 2019 to 26 May 2019 are summarized in the table below.

Diesel $4.89

Blend E10: $4.97

Operators may sell petroleum products at prices below the cap depending on their trading advantages.

E. T. Mazambani

ACTING CHIEF EXECUTIVE OFFICER ZIMBABWE ENERGY REGULATORY AUTHORITY

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