The country's energy regulator, Energy and Water Utilities Regulatory Authority, last week announced record high fuel prices.

The cabinet meeting in the coastal city of Dar es Salaam was attended by Prime Minister Kassim Majaliwa, the ministers of energy and finance, among others.

"The president directed those present to find an immediate solution to the rising fuel prices in the country," the president's office said in a statement.

It also tweeted a photo of the meeting: