×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Download App

Tanzania's fuel prices rise on weaker currency to reflect higher crude prices

Tanzania’s energy regulator raised the maximum price for petrol, diesel and kerosene on Wednesday. (Photo: Courtesy)

Tanzania’s energy regulator raised the maximum price for petrol, diesel and kerosene on Wednesday to reflect higher crude prices and a weaker local currency, in a move likely to lift inflation.

Fuel prices have a big influence on the inflation rate in East Africa’s second biggest economy, which rose to 5.3 percent in the 12 months through September from 5.0 percent the previous month.

Get Full Access for Ksh299/Week.
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in