Motorists across Tanzania can breathe a sigh of relief after fuel prices dropped further at the start of October, bringing down the cost of transport and easing pressure on household budgets.
According to the Energy and Water Utilities Regulatory Authority (EWURA), the new prices took effect on Wednesday, October 1, and reflect lower import costs and a stronger shilling against the US dollar.
Petrol prices have gone down by an average of TSh 120 per litre.
Diesel dropped by about TSh 100 per litre, offering relief to public transport operators and industries that depend heavily on fuel.
Kerosene, which is commonly used in rural households, also saw a slight decrease.
EWURA said the reductions were mainly due to falling international crude oil prices and improved efficiency at local ports, which have helped reduce shipping and handling costs.
Transport operators have welcomed the move, with some bus companies saying they may review fares to reflect the lower fuel costs. Small business owners, including boda boda riders and food vendors, also expect to save more on daily expenses.
However, analysts cautioned that global oil prices remain unpredictable due to ongoing tensions in the Middle East and fluctuations in shipping routes. They urged the government to continue investing in strategic fuel reserves to protect consumers from sudden price hikes in the future.
For ordinary Tanzanians, the reduction is a welcome relief at a time when the cost of living has been steadily rising due to high food prices and other basic expenses.
“This will help us a lot. Even if the drop is small, it makes a difference because fuel affects the price of everything,” said Mariam Hassan, a taxi driver in Dar es Salaam.
The government has encouraged fuel traders to fully comply with the new pricing and ensure the benefit reaches consumers.
