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Taarifa Rwanda Published 4 months ago 0share Reports reaching Taarifa Business desk indicate that the prices of petroleum products in Malawi have hiked to levels that have left the citizens in a complete shock. Petrol has been raised from K690.50 to K834.60 representing a 20.87% increase. For diesel price per litre has moved from K664.80 to K826.40 – this represents a 24.31% increase for Paraffin price per litre has shot up by 38.8% from K441.70 to K613.20. “The combination of increased Free On Board (FOB) prices on the International Market and the poor performance of the Malawian currency- Kwacha against the US dollar and the SOuth African Rand, has made it necessary for us to adjust upward the prices of Petroleum products,” said Leonard Chikadya the Board Chairperson of Malawi Energy Regulatory Authority (MERA).

Malawi generalInternational marketTaarifa businessFree on boardAfrican randLeonard chikadyaBoard chairpersonMalawi energy regulatory authorityDomestic productTrading economicsமலாவி ஜநரல்சர்வதேச சந்தைஇலவசம் ஆன் பலகைபலகை தலைவர்மலாவி ஆற்றல் ஒழுங்குமுறை அதிகாரம்உள்நாட்டு ப்ராடக்ட்