Zimbabwe More Than Doubles Diesel Levy Amid Middle East Conflict

June 4, 2026, 5:42 AM UTC

Zimbabwe raises tariff to $0.12 per liter from $0.05 per liter, Secretary for Finance, Economic Development and Investment Promotion George Guvamatanga says in a circular to the Zimbabwe Revenue Authority.

  • Gasoline levy increases to $0.523/liter from $0.413/liter, Guvamatanga says
  • NOTE: Revised levy effective from June 2
  • NOTE: Gasoline costs $2.08/liter in Zimbabwe, while diesel retails for $2.09/liter
  • NOTE: May 5, Zimbabwe Starts Trials to Blend Ethanol and Diesel to Cut Costs

© 2026 Bloomberg L.P. All rights reserved. Used with permission.

Learn more about Bloomberg Tax or Log In to keep reading:

See Breaking News in Context

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools and resources.