The prices of petrol and diesel have gone up by $7,19 and $3,41 respectively although operators can still sell below the cap depending on their trading advantages.
Diesel prices marginally went up to $24,93 from $21,52 whereas petrol price per litre rose from $21,77 to $28,96.
Observers say the new prices were reasonable considering that the foreign exchange rate has risen in the last few days. The price increases are effective from today, the Zimbabwe Energy Regulatory Authority (Zera) said in a statement yesterday.
Zimbabwe is battling fuel shortages at the moment, with long queues at most service stations.