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Mozambique Cuts Fuel Prices By Up To 17.7% Amid Global Market Shifts

Summary by The Heritage Times

By Ebi Kesiena Mozambique’s Energy Regulatory Authority (ARENE) has announced a significant reduction in fuel prices, with cuts of up to 17.7%, effective from Thursday. This adjustment reflects global market trends and exchange rate fluctuations, aiming to ease the financial burden on consumers. The most substantial price drop is in kerosene, which will decrease from 87.05 to 69.35 meticais per litre (approximately $1.40 to $1.10). Since kerosen…

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The Heritage Times

Mozambique Cuts Fuel Prices By Up To 17.7% Amid Global Market Shifts

By Ebi Kesiena Mozambique’s Energy Regulatory Authority (ARENE) has announced a significant reduction in fuel prices, with cuts of up to 17.7%, effective from Thursday. This adjustment reflects global market trends and exchange rate fluctuations, aiming to ease the financial burden on consumers. The most substantial price drop is in kerosene, which will decrease from 87.05 to 69.35 meticais per litre (approximately $1.40 to $1.10). Since kerosen…

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The Heritage Times broke the news in 2 days ago on Thursday, February 20, 2025.

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