In an interview with The Herald yesterday, Energy and Power Development Minister Joram Gumbo said the unending queues for fuel are evidence that there is indeed fuel in the country.
He said fuel companies are getting 4,1 million litres of diesel per day and 3,8 million litres of petrol a day. Said Gumbo:
There is an unprecedented demand of fuel in the country. What baffles me is fuel companies are getting the normal supplies, but there are unending queues. The queues are, however, evidence that there is indeed fuel in the country. We require 4,1 million litres of diesel per day and 3,8 million litres of petrol a day and that is what the fuel companies are getting. We had asked the Reserve Bank of Zimbabwe to raise the foreign currency allocation to $32 million per week to meet the rising demand up from the $20 million it was previously allocating, but access to forex has been a challenge.
Joram Macdonald Gumbo is a Zimbabwean politician who is a member of the ZANU-PF party. Gumbo is the Minister of Energy and Power Development. He is the Member of parliament for Mberengwa West Constituency. Gumbo was re-elected in the 2018 harmonized election after getting 10... Read More About Joram Gumbo
The Reserve Bank of Zimbabwe (RBZ) is the central bank of Zimbabwe. Its offices are located at number 80 Samora Machel Avenue in Harare. The Reserve Bank of Zimbabwe operates under the Reserve Bank of Zimbabwe Act, Chapter 22: 15 of 1964. The Act provides... Read More About Reserve Bank of Zimbabwe