The Malawi Energy Regulatory Authority (MERA) has warned of a possible fuel price hike in the coming few days.
It follows an assessment report by the Energy Regulator on movements of the economic fundamentals that determine the price of fuel locally.
The MERA report is showing that recent increase on landed cost of fuel is beyond the recommended minimum of 5 % trigger band.
The country is following the Automatic Pricing Mechanism, which responds to price changes on the international market.
Meanwhile, the MERA board is expected to hold a review meeting to decide on whether or not they should adjust the fuel prices and the rate of adjusting the prices.
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