HomeBusiness

No More Fuel In Zimbabwe- ZERA Acting CEO

5 years agoFri, 07 Dec 2018 04:46:28 GMT
Share on FacebookShare on TwitterShare on LinkedIn
No More Fuel In Zimbabwe- ZERA Acting CEO

Zimbabwe Energy Regulatory Authority (Zera) acting chief executive officer Eddington Mazambani yesterday revealed to Parliament that the country had exhausted the $60 million worth of fuel imported last week.

He said that Zimbabwe no longer has fuel. Said Mazambani:

The $60 million foreign currency which was released for fuel has already been exhausted because it came when we were at zero in terms of fuel supplies. The $60 million is about 100 million litres of fuel and it will be gone in about two-and-a-half weeks, and because we are at zero everyone wants to fill up their vehicles, and we do not know how much per week the Reserve Bank of Zimbabwe (RBZ) allocates to oil companies.

More: NewsDay

Latest Tecno Pop 8 - now available in Pindula.

$94, Cash on Delivery in Harare & Bulawayo.

WhatsApp: 0783 450 793

Tags

0 Comments

Leave a Comment


Generate a Whatsapp Message

Buy Phones on Credit.

More Deals
Feedback