ZERA Explains Recent Fuel Price Hike

The Zimbabwe Energy Regulatory Authority has said that the recent increase in fuel prices was motivated by surging prices on the international market.

Appearing before the parliamentary portfolio committee on energy and power development in Harare, ZERA Acting Chief Executive Officer, Mr Eddinton Mazambani, added that the delivery of fuel has been affected by the failure by oil companies to procure fuel through the National Oil Infrastructure Company (NOIC).

Mazambani also noted that there is a standoff between NOIC and the Zimbabwe Revenue Authority over new taxes articulated in the mid-term fiscal policy review statement.

- - - Buy NetOne, Telecel Airtime on WhatsApp using EcoCash.
Send the word Airtime to +263 714 815 229
No extra charges. - - -

More: ZBC News

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 the vote. If you would like to add more feedback please write us on hello@pindula.com.


Back to top

One Comment on “ZERA Explains Recent Fuel Price Hike

Write a Comment

Your email address will not be published.