No fuel price hike since 2016

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Malawi has not hiked fuel prices since November 2016, owing to the low inflation and stable exchange rates.

17
April


Malawi Energy Regulatory Authority has since that fuel prices will remain at K824.70 per litre for petrol, K815.80 for diesel and K648.79 for paraffin.


In a statement issued on Friday, Mera board chairperson Reverend Joseph Bvumbwe said the average free on board (FOB) prices of petrol, diesel and paraffin increased in March 2018 when compared to the averages obtained in the month of October 2016 which  are as used the basis for determining the ruling pump price.


The regulator has also maintained electricity tariffs as implemented in February 2018 and Jet A-1 fuel prices at K737.67 at Kamuzu International Airport (KIA) and k687.08 at Chileka International Airport.

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