ZERA Not Accepting New Applications For Licences To Import Fuel

The Zimbabwe Energy Regulatory Authority (ZERA) will not be accepting new applications for licences to import fuel.

ZERA acting chief executive officer Mr Edington Mazambani said in a statement that they were not banning the issuance of fuel licences, but rationalising the exercise. The statement reads:


Introducing the Pindula News Mobil App
Download from Google Play Store

There is no banning of new applications, but only the number of licenses is being rationalised. ZERA has licensed 73 procurement companies to date. Due to foreign currency shortages, ZERA has realised that most of the procurement companies will not access foreign currency from the central bank, therefore, the rationalisation of procurement licences. Licensing more operations does not necessarily lead to the supply of more fuel and, therefore, the disappearance of long queues. In the past, the country has been able to manage with less than 10 procurement companies. The arms of the Government mandated to manage fuel supply will continue to strategise and put in place financial and other logistical mechanisms to ensure that the country has enough fuel for licensed operators. Any change to this position will be communicated appropriately.

More: Herald

Zimbabwe Energy Regulatory Authority

The Zimbabwe Energy Regulatory Authority (ZERA) is a body corporate established in terms of the Energy Regulatory Authority Act [Chapter 13:23] of 2011. It is mandated to regulate the entire energy sector in Zimbabwe in a fair, transparent, efficient and cost-effective manner for the benefit... Read More About Zimbabwe Energy Regulatory Authority

Join WhatsApp & Telegram News Groups:

WhatsApp Group: https://chat.whatsapp.com/D4vbg5RLhkbFfVyMdu8rLi


Telegram Group: https://t.me/pindula

Back to top

Write a Comment

Your email address will not be published.


Share Full Post

Nyaradzo logo

RSS Recent Profiles Created

Satisfaction survey
How likely is it that you would recommend Pindula News to a friend or colleague?
SuggestionsHow can we improve?
You have already submitted your feedback. If you would like to add more feedback please write us on hello@pindula.com.