Further increase to fuel prices

Petrol, diesel and kerosene have all increased yet again, forcing motorists to dig deeper.

The new prices set, as of March 08, will see petrol increase by 1.45 toea per litre (tpl), diesel to go up by 3.25 tpl and kerosene rising by 2.12 tpl.

Petrol price now sits at 324.94 tpl (K3.25), diesel at 265.25 tpl (K2.65) and kerosene at 250.16 tpl.

The ICCC attributed the rise to increases in the Import Parity Price for the month of March, due to continued increase in the crude oil price during February.

Increase in fuel prices

According to a statement by the Independent Consumer and Competition Commission (ICCC), the prices for petrol, diesel and kerosene have all risen for the month of October.

Petrol recorded the highest, with an increase by 8 toea per litre (tpl) – from 283.51 tpl in September, to 291.51 tpl.

Diesel is up by 1.77 tpl from 226.15 tpl in September, to 227.92 tpl, and kerosene rose by 2.86 tpl – from 216.45 tpl to 219.13 tpl.

The new prices are set based on the calculation of the Import Parity Prices (IPP) for the month of September.