Fuel prices fall in Tanzania as $43m subsidy comes into effect

Fuel.

Fuel prices reduce in Tanzania on account of a government subsidy. PHOTO | FILE

Tanzania has reduced the cost of fuel effective Wednesday following the Tsh100 billion ($43 million) fuel subsidy the government announced last month.

According to the Energy and Water Utilities Regulatory Authority (EWURA), effective Wednesday, the retail price for petrol is Tsh2,994 ($1.28) from 3,303 ($1.42) per litre, diesel Tsh3,126 ($1.34) down from Tsh3,452 ($1.48) per litre, while kerosene prices remain unchanged.