MERA rejects fuel hike rumours

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The Malawi Energy Regulatory Authority (MERA) has trashed rumours hovering on social media that fuel has been hiked again in the country.

The social media has been awash with a statement from Reserve Bank of Malawi (RBM) recommending a fuel hike in the country.

The statement claimed that petrol jump by 13.56% from from K1999 to K2270 while Diesel will rise by 18.96% from Mk1920 to K2184.

Paraffin from K1261 tonK1627 representing a 29.02%.

But MERA spokesperson Fitina Khonje has trashed the statement.

She said MERA Board has not met and fuel prices have not been reviewed.

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