Business Malawi

Malawi fuel prices up

1 Min Read
Gas Station in Malawi
Fuel prices up

LILONGWE-(MaraviPost)-The Malawi Energy Regulatory Authority (Mera) has hiked fuel prices upwards effective midnight, December 16, 2020.

This means prices for goods and services will automatically go up due to fuel hike .

Mera Spokesperson Fitina Khonje told the news conference this evening in the capital Lilongwe that petrol has been increased from MK690. 50 to MK834. 60 representing 20.87 percent, diesel has been increased from MK664. 80 to MK826. 40 representing 24.31 percent and paraffin from MK441. 70 to MK613. 20 representing 38.83 percent.

Khonje however attributed to the increase in fuel landing costs and the depreciation of the Kwacha by 3.37 percent since May this year.

Motorists have been enjoying low prices fuels since March 2020 immediately after partial Covid-19 lockdown.

Lloyd M’bwana

I’m a Lilongwe University of Agriculture and Natural Resource (LUANAR)’s Environmental Science graduate (Malawi) and UK’s ICM Journalism and Media studies scholar. Also University of Malawi (UNIMA) Library Science Scholar. I have been The Malawi Country Manager and duty editor for the Maravi Post since 2019. My duty editor’s job is to ensure that the news is covered properly, that it is delivered on time, and that it is created to the standards set out in the editorial guidelines of the Maravi Post.