Malawians will have to dig deeper into their pockets as the Malawi Energy Regulatory Authority (MERA) has announced sharp increases in petrol and diesel prices, effective October 1, 2025.
According to MERA, the pump price for petrol has jumped from MWK2,530.00 to MWK3,499.00 per litre, representing a 38.3 percent increase. Diesel has also gone up from MWK2,734.00 to MWK3,500.00 per litre, a 28 percent hike.
In its statement, MERA explained that while Free-On-Board (FoB) prices for petrol and diesel dropped by 10.64% and 18.14% respectively on the international market, the increase in landed costs was driven by exchange rate pressures. Importers are reportedly being quoted an average rate of MWK2,350.00 per US dollar, far above the official rate of MWK1,751.00/USD.
This exchange rate gap