Newly-appointed Minister for Energy and Power Development, Fortune Chasi, said that the government is working with the Reserve Bank of Zimbabwe (RBZ) for long term financing mechanisms to guarantee fuel availability in the long run.
He also revealed that the government is working on increasing power generation from different sources other than the Kariba hydroelectric power plant. Said Chasi:
The Government remains committed to eradicating fuel queues and is working on long-term financing mechanisms with the RBZ which will see the supply gaps being eliminated over time.
We are working closely with the power utility to ensure that there is increased power generation from different sources other than Kariba Power Station.
As a new minister, I expect to see results and strategies that resolve some of the challenges and proposals to restructure the sector for better performance.
The country has been reeling from acute fuel shortages for over six months, characterised by dry pumps at service stations and long winding queues.
More recently, the country’s power utility, ZESA introduced crippling power cuts which have disrupted industry and citizen’s daily routines.