Issue No. 356 Date: August 26 - September 01, 2004
M A I N H E A D L I N E S
1,000/-
a litre
By Express Team
Tanzania’s fuel pump prices have catapulted to their highest levels since
independence and yet little is being done to pull back the prices from the
imminent four-digit mark.
The spiralling fuel prices could bring in their wake unwelcome rise in
inflation, restrict economic growth - not to say disillusion the voters with
elections just 18 months away.
Currently, fuel pump prices for petrol sold in Dar es Salaam range between Tsh.
900 and Tsh. 980 while diesel is sold at between Tsh. 860 and Tsh. 880, forcing
motorists and manufacturers to dig deeper into their reserves to absorb the
rising cost of keeping cars and production.
Tanzanian fuel prices are hit by two factors — shilling depreciation and world
crude oil prices that have risen by about 30 per cent this year to levels not
seen since the early 1980s, almost touching the US$50-a-barrel mark. Full story
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One of the entertaining objects at the TPDF exhibition at Mnazi Mmoja in Dar es Salaam. It was used in the Second World War by the country's forces fighting along side the British troops. (Photo by Leonard Magomba).
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