Govt intervention shields consumers as petrol prices fall
DAR ES SALAAM, June 4 -- TANZANIAN consumers have received relief this month following a drop in petrol prices, thanks to government measures aimed at cushioning the economy from the effects of escalating global fuel market disruptions caused by tensions in the Middle East.
Despite a volatile international energy market marked by rising shipping costs, supply uncertainties and higher insurance premiums, petrol prices have declined in the latest review by the Energy and Water Utilities Regulatory Authority (EWURA).
According to EWURAs statement issued by Acting Director General, Mr Gerald Maganga, in Dar es Salaam, petrol will retail at a maximum of 4,086/- per litre this month, providing relief to motorists and helping to ease transport...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.