Following the Forex Auction giving Zimbabwe an Official Exchange rate of 1:57, ZERA has released fuel prices with effect from the 24th of June 2020.
ZERA releases new fuel prices
6 comments
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welcome to reality, we can’t continue living a fake life. subsidy at our expense and suffering of the masses
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How can they justify adding US1.10 for ethanol, it is the most expensive component, although we are constantly told that blending our petrol is to reduce cost!
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It has always been a scam from the beginning of blending. The billions that a few people have made.
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We are effectively ‘blending’ our ethanol with petrol!
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Why they put an added cost of ethanol beats me?????
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We can see those who skipped math lessons kkkkk.
That $1.10 is price per litre of Ethanol. In one litre of E20 there is 200ml of Ethanol. So ethanol contribution in one litre of petrol is 20% (22 cents).
What’s your take?