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The Malawi Regulatory Authority (MERA) has now increased Gas following the devaluation of Kwacha.
According to the statement signed by board chairperson of the authority Reckford Kampanje on 16 November 2023, has said that now Gas will be sold at a price of K3, 245 from the price of K2, 450.
“The Free On Board price of LPG significantly increased by 39.79% when compared to the price noted in the month of August 2022 used in determining the ruling retail price. on the other hand, the Kwacha depreciated against the South African Rand (ZAR) in November 2023 by 41.20% since the last LPG price adjustment in November 2022,” read part of the statement.
According to MERA, currently only 1.6 million people in Malawi use Liquified Petroleum Gas for domestic purposes.
