The just announced new fuel prices will be MERA’s new headache as Malawi24 has been informed that mass demonstrations will be held over the same.
Consumers Association of Malawi (Cama) has warned Malawi Energy Regulatory Authority (MERA) that it will conduct a sit-in at the regulator’s offices to protest the hike of fuel prices.
Cama Executive Director John Kapito gave the warning following the recent fuel hike which he said has hit poor Malawians hard.
The consumer rights activist said Mera was given 3 billion Kwacha for the Price Stabilisation Fund (PSF) so that it should use the money to cushion customers from impact of price adjustments.
He said his organisation will hold the demonstrations to force the regulatory authority to return the funds to government since it has failed to use the money.
“We are aware that government has written Mera to return the 3 billion Kwacha else we will stage a sit in at their offices,” said Kapito.
He further said that they are going to conduct a sit-in at Mera offices and regardless of the number of people who will be present at the scene they will not allow any Mera employee to enter their offices until they return the money.
The new fuel prices will see Petrol going at K788.30 from K743.30, Diesel at K766.90 from 722.80, and Paraffin at K609.80 from K580.40.