The Malawi Energy Regulatory Authority (MERA) has described the recent rise of fuel price as being in the best interest of poor Malawians.
The body which is responsible for determining fuel prices in the county says it has managed to protect Malawians from a huge hike.
Speaking to the local media, Public Relations Officer for the energy regulatory body Selina Khonje said that they have only raised the prices by 4 percent instead of the necessary 8 percent.
“The fuel prices were supposed to go up by 8 percent but have gone by 4 percent only,” she explained.
Khonje further claimed that the fuel prices were supposed to go up three months ago but the body decided to delay the hike. The new prices see petrol selling at K824.70 per litre from K788.30, Diesel going at K815.80 litre from K766.90 and Paraffin selling at K648.70 per litre from K609.80.
According to MERA, the hike follows its board’s resolution to pass on only 50 percent increases in the landed costs on the pump prices.
“Further the remaining 50% of In Bond Landed Cost (IBLC) increase be absorbed through the price stabilisation fund to cushion consumers from the impact of the increases in the landed cost of petroleum prices,” said MERA when announcing the hike.
This fuel increase means that the energy authority has increased the fuel prices twice in 30 days and three times since June this year.
41 thoughts on “MERA clarifies fuel price hike”
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Malawi apayafika po nyanya
In The Best Interest Of The Poor Indeed!!! Let Them Struggle To Access What They’ve Always Taken For Granted, May Be We Can Slow-down Population Growth!!! Bravo Mera!!!
Mpang’ono pamenepo.muziona nkuzigwira komwe
Hm let’s digest this; I live in Blantyre (the very commercial city of Malawi) where food prices are skyrocketing at a daily expence (countrywide), we are barely having electricity these days and it only lasts 10 hours on random days (04 hours from midnight), the scarcity of water is now at it’s peak (we have gone 3 days straight without tap water) and access to basic necessitates is very much limited. DO OUR INTEREST REALLY MATTER??
EVEN IN SA THE PRICE OF FUEL HAS GONE UP . what more with Malawi a landlocked country
Just following the hike of gasoline food prices have skyrocketed so which poor are you helping?
Sorry our malawi.
For the betterment of who? Kikikk.
Being in the best interest of poor malawians?? who said that? basi poti magetsi akuvuta we are using fuel generated machines mwati mutikwezere mafuta tizipitilirabe kukhaula sichoncho? uhm mwana wa Mulungu Azibwera Ndithu zinthu zafika pothina ku malawi!!
Iwe ngakhale mwana wa mulungu abwere, wakonzeka kumulandira kukhala mpulumutsi wako? Talankhulani zina, koma osati mwana wa mulungu angobwera muli kutali ndi chipulumutso inu. Tsopano iwo a Mera akugula mokwera mtengo, ndiye angokhala basi osaonjezera mtengo chifukwa choti muli mavuto ambiri m’dziko? Muiwale zimenezo, akatero miyezi itatu yakutsogoloko mafuta azayamba kusowa iwenso pompa uzatukwananso.
Magalimoto ajar sitigulaso bas apande yalakwa
Bullshit
Price up
Ya ndizimene timafuma zimenez mwina tilemera mwa changu
No clarification here. Are you not ashamed that the poorest country is the most expensive when it comes to fuel prices? You indirectly say no to development.
No betterment under this crocodile government, eating its own pipo,
Umva wina anena kut zonsez nd Dpp…..the fuel price hike s all over the world..
hahaha dpp is to blame kumene..ever since dpp back in 2004, prices of everything have been going up..the kwacha always losing its value
Wakwera padziko lonse fuel? muzizitsata mwamva, akuti chifukwa kwacha yaluza value ku dollar osati zanuzo kunjako mafuta sanakwere
I think u are the one pushing pple to blame Dipipi. Crude oil has gone up everywhere. Dont make story where they is no story. Now u Dipipi cadet can u explain, why yo president overstayed in America? Since u want to change the subject.
Kumazisata k uno Ku SA nipamene akutsista Mtengo Petrol R 12:33 per litre , Diesel 10:43 per litre Parrafin R9: 26 per litre. Nde anthu asanene za DPP Plus bwampinu wanuyo pamenepo.?
A #KellyMkandawire, simudziwa kuti zonsezi ndi dpp? cipani colamula ndi dpp, head wake ndi apm. Apm is the overall in charge of malawi, EVERYTHING here is under him and his party. remember when he decreed the arrest of aniva? crude oil prices at one time fell from just above 100USD to below 50USD, but there were no REDUCTIONS here, why? try to know your world please
kkkkkkkkkkk inu nanu dziko lonse kuti hahahahaha mukanangokhala chete osakomenta ndithu kkkkkk
Kkkkkkkk Uzeni.
Look Arthur Chihana
What puzzles me is that mafuta akatsika worldwide kuno saatsika?kapena because we order too much at a high price n we r a small market nde timapezeka we hv stock yodula for a long time
kaya amwene zaulendo uno basi mwina tachepa nzeru ways apa
mavuto ndiosayamba pa nyasaland
Hahaha very funny
Kodi wen will they ever reduce the prices???