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Drop In Import Costs Allow For Fuel Price Cuts In Tanzania

Drop In Import Costs Allow For Fuel Price Cuts In Tanzania

From The Africa Report

Tanzania’s energy regulator cut fuel prices on Wednesday after prices on the international market fell and the move is likely to further ease inflation in east Africa’s second-biggest economy.

Inflation in Tanzania dipped to 6.6 percent in the year to September from 6.7 percent in August.

The state-run Energy and Water Utilities Regulatory Authority (EWURA) cut the petrol price in the commercial capital Dar es Salaam by 0.66 percent to 2,178 shillings per litre, and diesel by 1.81 percent to 2,027 shillings.

The price of kerosene in the commercial capital was lowered by 1.1 percent to 1,993 shillings per litre. EWURA said it had also lowered wholesale prices for petrol by 0.69 percent, diesel by 1.9 percent and kerosene by 1.16 percent.

Read more at The Africa Report