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Tag: MERA

MERA Reduces Price Of Petrol

MERA Reduces Price Of Petrol

National
Malawi Energy Regulatory Authority(MERA) has reduced the pump price of petrol by 10.28 percent. MERA says the recent trends in theworld petroleum products prices and their impact on energy prices has led to the decision to cut fuel price. The energy regulator also attributes the reduction to the recent stability of Malawi. Kwacha. "Since the last In Bond Landed Cost (IBLC) review in July 2022 for petrol and June 2022 for Diesel and Paraffin, the Malawi Kwacha has remained relativelystable trading at K1,036.25 against the United States Dollar," reads the statement in part. The new pump prices are as below: Petrol will be selling at K 1,746.00 from K1,946.00 representing 10.28 percent. The prices of diesel and paraffin remain constant.
MERA Should Provide Daily List Of Service Stations That Have Fuel

MERA Should Provide Daily List Of Service Stations That Have Fuel

What's Hot
A consumer rights group is pushing the Malawi Energy Regulatory Authority-MERA to provide a daily list of service stations that have fuel. There is fuel scarcity in the country, as importers fail to procure the required quantities due to the forex crisis. This has led to many fuel service stations having no diesel or petrol, across the country, forcing motorists to spend hours on snaking queues day and night. At the same time, MERA has issued a directive that anyone wishing to purchase fuel in containers should first get its approval. This is aimed to check illegal sale of fuel, as some buy the commodity to sell on the black market. Executive Director of the Consumers Association of Malawi-CAMA John Kapito hopes the move will ease congestion in service stations. There wa...
MERA Reduces Price Of Petrol, Gas

MERA Reduces Price Of Petrol, Gas

News
The Malawi Energy Regulatory Authority (MERA) has reduced the price of Petrol from K1,999 to K1,946 representing a 7.47 percent decrease. Disclosing this at a press briefing in Blantyre, MERA CEO, Henry Kachaje, said the adjustment was made following some trends in the international market as dictated by the Automatic Fuel Pricing Mechanism. The price adjustment will be effective by midnight. The prices of Diesel, and Jet Fuel will remain the same while the price of Gas has also been slashed now it will be selling at K2,726 per kg.
MERA CAUTIONS ON ILLEGAL FUEL VENDING AND HOARDING

MERA CAUTIONS ON ILLEGAL FUEL VENDING AND HOARDING

What's Hot
The Malawi Energy Regulatory Authority (MERA) says it has noted with concern increased illegal fuel vending and alleged fuel service stations’ aiding in this malpractice. According to a statement from MERA Public Relations Officer, Chembezi Mhone, retail fuel service stations are being reminded that their licensing conditions do not permit hoarding of petroleum products, showing undue preference to, or discriminating against any person with regard to the provision of petroleum products or services. The statement further says MERA alongside other agencies which are mandated to enforce the law remains vigilant to protect consumers against such practices hence MERA will intensify spot checks and ensure offenders are held accountable and regulatory sanctions will be applied
Fuel Price Up, Petrol K1,999 Litres

Fuel Price Up, Petrol K1,999 Litres

National
The energy regulator, MERA, has adjusted fuel prices begining midnight following a review of determinants by the Board. The new prices are as follows: Petrol: K1 999 from 1380 (44.92%)Diesel: K1920 from K1470 (30.61%)Paraffin: K1236 from K956 ((29.29%)LPG: K2 956 from K2500 The MERA CEO, Henry Kachaje says landed costs for all petrolium products have increased by 39.45 for petrol, 21.94 percent for diesel, 13.45 for paraffin and 25.69 for LPG. He further said the Price Stabilization Fund could not cushion the price increases as there are no savings. The newly announced prices were expected following the increased landed costs which have surged up largely due to the devaluation of Kwacha by 25 percent.
Dust Failing To Settle At MERA

Dust Failing To Settle At MERA

Stories
Members of staff of the Malawi Energy Regulatory Authority (MERA) have threatened to commence an industrial action and bar one of their executives, Alinafe Mkavea who is the Director of Fuels from coming to work if the purported renewal of her contract is successful. The employees, who claim Mkavea has a series of offences against the institution, say their Chief Executive Officer, Henry Kachaje is working behind the scenes to renew her contract against a presidential direction on the 31st of May 2022 that no government officers' contract is supposed to be renewed unless vetting processes have been done. They further say the case is more worrisomeas Kachaje himself is holding on to a position that he got dubiously as was exposed in the leaked Ombudsman's report which faulted his irr...
Collins Magalasi and Other Three Pleaded Not Guilty To Money Laundering And Fraud Cases

Collins Magalasi and Other Three Pleaded Not Guilty To Money Laundering And Fraud Cases

Stories
Former Malawi Energy Regulatory Authority (MERA) Chief Executive Officer Collins Magalasi and other three accused persons have pleaded not guilty to money laundering and fraud charges. According to the state, the four siphoned K186 Million of the authority. Business lady Dorothy Shonga, former MERA Chief Procurement Officer Bright Mbewe and former Public Relations Officer Patrick Maulidi took the plea before High Court Judge Patrick Chirwa in Lilongwe. The accused are answering 16 counts relating to fraud, mis-procurement and money laundering.
MERA Dates Media On Fuel Pricing

MERA Dates Media On Fuel Pricing

Stories
Malawi Energy Regulatory Authority (MERA) have engaged 30 journalists from different media houses on how to report on fuel pricing in the country. MERA public Relations Officer, Fitina Nkhonje said journalists are the key to information sharing and for them to have enough knowledge will help in the betterment of energy sector reporting. Nkhonje observes that communities have several misconceptions on fuel pricing saying the sensitisation meeting will help journalists to spread the right information. She said fuel pricing determined through the automatic pricing mechanism. Nkhonje added that the energy committee meet every first Tuesday of the month to decide on fuel pricing. She said the committee report to the board on its recommendations and within 48 hours as provided in...
Parliament Rejects Two Newly Appointed MERA Members

Parliament Rejects Two Newly Appointed MERA Members

Stories
The Public Appointments Committee (PAC) of Parliament has rejected two members of the newly appointed Malawi Energy Regulatory Authority (Mera) board owing to varied reasons. Some members of the committee confided in Nation Online about the development. PAC held interviews for the newly appointed board members between yesterday and today. According to information that we have gathered, the committee has rejected Innocencia Chirombo who was appointed vice chairperson because she had already served in the previous board which was faulted in the appointment of Mera chief executive officer Henry Kachaje. The committee has also rejected Rhodrick Chingota for being overaged (76 years old). Chingota had replaced Lameck Nchembe who was removed from the original appointment on PAC's re...