Andiamo Nursery Schools bus
Pump prices for fuel have gone up with an average of about 10 per cent.
A statement from Malawi Energy Regulatory Authority (Mera) says that effective Wednesday, 23 October, petrol now is selling at K736.60 from K680.80; diesel is at K730.80 from K657.40; and paraffin for industrial use has gone up to K603 from K535.50.
Meanwhile the Executive Director of the Consumers Association of Malawi (CAMA), John Kapito says the latest fuel price hike vindicates his earlier statement that prices for the commodity will keep skyrocketing.
“I ask policy makers including RBM [Reserve Bank of Malawi], to come out and justify why they misled masses by saying fuel prices will not go up soon,” Kapito is quoted in the media.
The fuel price hike is likely to cripple the activities of Andiamo Youth Cooperative Trust including the Nursery Schools bus that commutes Mondays to Fridays.
By Our Reporter