Harare - Zimbabwe's energy regulator has raised petrol and diesel prices by up to 16%, the fourth increase this year, after the finance minister said fuel was considerably cheaper than in neighbouring countries.
President Emmerson Mnangagwa announced the biggest fuel price hike in January, a 150% increase, which sparked deadly protests by financially struggling Zimbaweans that left more than a dozen people dead after an army clampdown.
The Zimbabwe Energy Regulatory Authority said late on Friday that effective Saturday, petrol would cost ZIM$6.10 (about 20c) a litre, up from ZIM$5.26, while the price of diesel had been increased 13% to ZIM$5.84.
Finance Minister Mthuli Ncube was quoted in a daily newspaper on Thursday as saying he would be happy if the price of fuel was equivalent to $1 (about R13) per litre.
While Ncube wants fuel prices to reflect import costs, many Zimbabweans can barely afford to pay them when the unemployment exceeds 80% and the entry-level wage for a government employee is about $49 a month - enough to buy a car tyre.