Fuel prices up as shilling dips

>Local consumers will pay Sh187 less on every litre of petrol they purchase as the regulator cuts the charges in response to declining global prices. In a move that should trigger a drop in prices--or at least demand for cuts in charges for products and services linked with petroleum as fuel--the Energy and Water Regulatory Authority (Ewura) capped the price for petrol at Sh1,768 per litre in Dar es Salaam.

>In normal circumstances, the price of fuel would have fallen in the past few years in response to trends on the world market. That has not been the case, though.

Local consumers will pay Sh116 less on every litre of petrol they purchase in Dar es Salaam as the regulator cuts the charges further in response to declining global prices.

Even though there hasn’t been a public uproar over fuel prices in the country recently, statistics gathered by The Citizen on Saturday from the Energy and Water Utilities Regulatory Authority (Ewura) reveal a steady pump price increase over the past one year.

Tanzanians will get a relief today when they wake up to find out that fuel prices have gone down as the regulator cuts them down. That is in response to declining global prices and a stabilising local currency.

> The Energy and Water Utilities Regulatory Authority (Ewura) yesterday announced a significant reduction in fuel prices.

Reuters Africa
Tanzania raises petrol, diesel prices pump prices
Reuters Africa
DAR ES SALAAM (Reuters) - Tanzania's energy regulatory body raised the retail prices of petrol and diesel on Thursday after global oil prices rose and the local currency weakened, but left kerosene prices unchanged in its latest monthly review. Fuel prices ...
Eight appear in Tanzanian court for chopping off albino woman's handThe Daily Star

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Performance of the Dar es Salaam Stock Exchange PLC (DSE) declined in the last three months with analysts associating the trend with the coming General Eection on October 25.

Lake Zone regions recorded a slump in revenues collected from cross-border trade, from Sh3.840 billion, as the balance of trade in 2012 dropped to Sh3.319.5 billion by the end of December, 2013.