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Zimbabwe hikes diesel and petrol prices 47%

Christian Fernsby |
Zimbabwe’s energy regulator on Tuesday announced that prices of diesel and petrol had been increased by up to 47%.

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This comes a day after the central bank said oil firms would now buy dollars to import fuel on the interbank market.

The latest price increase had been expected and follows an earlier 150% hike in January, which sparked violent street protests and led to the death of a dozen people after a security crackdown.

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