ZERA Warns Fuel Stations Against Hoarding, Overcharging Fuel

In a statement yesterday, the Zimbabwe Energy Regulatory Authority (Zera) warned fuel stations against limiting fuel supplies to consumers saying culprits will be prosecuted and their licences revoked.

Zera urged customers to report retailers who are charging fuel prices that are above the approved threshold. They said customers can report fuel service stations on landline numbers +263 242 780 010; +263 242 253416 or on 0800136 which is used as both a toll free and WhatsApp number. The statement from ZERA reads:

It has come to the attention of the Zimbabwe Energy Regulatory Authority that some petroleum licensees are deliberately hoarding or limiting fuel supplies to consumers for speculative purposes. Isolated cases of service stations charging fuel prices that are above regulated threshold have also come to Zera’s attention. Such actions are in violation of the Petroleum (Fuel Pricing) (Amendment) Regulations 2015 (No.1) published in the Statutory Instrument 20 of 2015 which prohibits the withholding of petroleum products for speculative purposes and charging fuel prices that are beyond the prescribed limits.

More: Chronicle

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