New Fuel Prices for April 2026: ZERA Announces Hikes Amid Global Supply Pressures
The Zimbabwe Energy Regulatory Authority (ZERA) has released the latest petroleum price review effective April 2, 2026. Motorists and businesses across Zimbabwe will face a significant jump in fuel costs, driven by a volatile global market and rising Free on Board (FOB) prices. As of the latest update, Diesel (50) is now pegged at ZWG 53.60 or US$2.11 per litre. Blend (E5) has seen a similar rise, now costing ZWG 56.70 or US$2.23 per litre.
Why are prices rising? According to ZERA, the cost pressures are primarily coming from the international market. Since the last review, the FOB price (the cost of fuel before it reaches Zimbabwe) has surged significantly, with Diesel increasing by 33.16% and Petrol by 5.96%.
The authority noted that the current conflict in the Middle East is a major factor impacting global oil trade. In response, the Government is actively working with traders to open up alternative supply routes that are not affected by these geopolitical tensions to keep the country moving.
Government Intervention: A Buffer for Diesel In a move to protect critical sectors like mining, agriculture, haulage, and public transport, the Government has taken the drastic step of removing all taxes and levies on diesel.
ZERA highlighted that without this intervention, the price of diesel would have soared to US$2.65 per litre. By absorbing these costs, the government aims to mitigate the "knock-on" effect that high diesel costs have on the price of basic goods and services.
The Outlook for Petrol There is a glimmer of hope for petrol users in the coming weeks. ZERA expects petrol prices to decrease in the next review. This is due to: Ethanol Production: The commencement of the local ethanol production season. Increased Blending: Moving to an E20 blending mandate, which is expected to contain the petrol price by approximately 18 cents. Supply Security and Logistics
Despite the price hike, the Government has reassured the public that there is no need for panic buying. There are currently enough stocks in the supply chain—between the port of Beira and inland storage facilities—to cover the country for more than three months.
To ensure these stocks reach every corner of the country, especially remote areas, the Government has approved the importation of diesel by road, supplementing the existing pipeline and rail infrastructure. State companies Petrotrade and NOIC will remain active in ensuring fuel is accessible nationwide.
HowtoZim Tip: With fuel prices on the rise, it’s a good time to plan your trips more efficiently and ensure your vehicle is well-maintained to save on costs. Stay tuned to HowtoZim for further updates on energy and transport.