The government has assured the nation that fuel queues that recently resurfaced across the country will disappear soon.
This was revealed by the Minister of Energy and Power Development Dr Jorum Gumbo and Reserve Bank of Zimbabwe Governor Dr John Mangudya told the Parliamentary Portfolio Committee on Energy and Power Development during an oral evidence session on the fuel situation that the queues at service stations will soon be a thing of the past.
Mangudya said that the government will not allow the black market to run the economy. He said that the RBZ will arrest inflation the moment they notice any red flags.
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John Panonetsa Mangudya is an economist and the current Reserve Bank of Zimbabwe governor. Mangudya, who sits on many local and international boards .He was made RBZ governor after the expiry of Gideon Gono's term in 2014. He had been CBZ Holdings Ltd Chief Executive... Read More About John Mangudya
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