Malawi increases fuel prices


Mzuzu

Malawi Energy Regulatory Authority (Mera) has raised pump prices for petrol, diesel, and paraffin effective Sunday in reaction to changes in the values of the Malawi kwacha exchange rate to the dollar and free on board (FOB) prices.

Following the increase made by the Mera Board at its meeting on Tuesday this week, petrol has gone up from K743.30 per litre to K788.30 per litre representing a 6.05 percent increase.

Fuel
Fuel prices up!

Diesel, on the other hand, has gone up by 6.10 percent from K722 per litre to K766.90 per litre while paraffin is now selling at K609.80 from K580.40 per litre, an increase of 5.007 percent.

In arriving at the decision, Mera observed that FOB values for petrol, diesel, and paraffin went up by 18.26 percent, 19.86 percent and 16.88 percent in that order between the latest review and the previous one in May. The Malawi kwacha also traded at K715 to the dollar from K750, a 4.7 percent loss in value.

Under the automatic pricing Mechanism (APM), petroleum prices are revised upwards or downwards whenever there is a plus/minus five percent change in variables.

In a related development, electricity tariffs have been maintained at K57.72 per unit as the automatic tariff formula change was within the minus/plus five percent band.

130 thoughts on “Malawi increases fuel prices”

  1. chonde tisade munthu mafuta africa yonse mitengo yamafuta yakwera ndi dziko limene linasalila kukweza ntengo ndi malawi kuchoka january kufika october kuno ku south africa mafuta akweza kangati kaya kuchoka pa R10 pano tili ma tin pofika disemba tifika R20 ndipo katundu lero uva mtengo wina kungodusa masiku osepa kuva mtengo wina awojezela mtengo kathumba ka ufa 12kg january timagula pa R70 pano ndi R119.99 palibe zachilendo tingopilira

  2. MMM Amalawi24 uvunduzi uzolowela ukwela malichero usiku.mwati mumagula mafuta agalimoto inu? petrol adakali pa K788.30 pa litre.nde ukwelako akweza pati? MALAWI24 UKHUTU PEDEGU BASI

  3. anthu mukungokamba mu Nkhani yalebedwa apa fuel takhala tikugula pa mtengo 788 kwa miyezi pano palibepo chasintha apa Nkhani iyi ndi yabodza Malawi 24 mbuzi

  4. mmmmmm fuel prices are just the same old ones,from which source have you taken this information?? Make proper investigations before going into publication. ..bwinotu bwino

  5. Kodi guys chachilendo ndi chani kodi ayamba lero kukweza zinthu bwanji tichotse mtima omangodandaula ndikulimbira tchito ndikuona ngati tichedwa nazo mwina ndiphamvu yakusadziwa kuno ku s.a akweza mntengo kodi alipo amene safuna phindu koma vuto ndi ulesi amalawi shatapu zopusa eti mupite komwe kulibe mavuto

  6. WHILE OUR NEIGHBORING COUNTRIES ARE DOING FINE ECONOMICALLY,MALAWI Z DOING THE OPPOSITE AND YOU KNOW WHY MOST IDIOTS WILL THINK THIS IS A GLOBAL CRISIS,BUT NO ITS NOT,HOW COME TANZANIA AND ZAMBIA ARE DOING FINE,ITS BECAUSE OF THY READERSHIP ABILITY TO SOLVE PROBLEMS AND THE WILLINGNESS TO SOLVE THE PROBLEMS FACING THY COUNTRIES NO MATTER HOW DDP WILL INTRODUCE NEW TAX RAISE THEM,MALAWI WILL NEVER CHANGE ITS TIME OUR GOVERNMENT SHUD INVEST IN ITS OWN BUSINESS JUST THE WAY KAMUZU DID WITH PRESS TRUST,ITS A STUPID THING TO RAISE COMMODITIES JUST BECAUSE OF INFLATION DOES IT MEAN AS A COUNTRY WE DONT HAVE FINANCIAL RESERVES FOR BACK UP OR MAY BE THE LAST 4 leaders were just idiots,

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