Price of diesel 50 to drop following phase-out of diesel 500

THE price of diesel 50 will drop from $1,36 per litre to $1,24 per litre when government phases out diesel 500, Energy minister Simon Khaya Moyo said on Wednesday.

Responding to a question by Gokwe MP Dorothy Mhangami (Zanu PF) on how government intended to curb arbitrary fuel price hikes, Khaya Moyo told the National Assembly that diesel 500 would be phased out this month. This would result in diesel 50 being transported into the country through pipelines.

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