WATCH: Energy Minister Bemoan Forex Shortages

Energy Minister, advocate Fortune Chasi has bemoaned the shortage of foreign currency in the country which he said was affecting the importation of adequate electricity and fuel. Recently, the deputy governor of the Reserve Bank of Zimbabwe, Dr Kupukile Mlambo attributed the shortage to the closure of the tobacco market season.

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Fortune ChasiZesaReserve Bank of Zimbabwe

Fortune Chasi is a lawyer, politician, and musician. He is Zimbabwe's current Minister of Energy and Power Development. In December 2017 under the Mnangagwa administration, he was appointed as the deputy for legal affairs in the Zanu-PF party. Chasi was re-elected during the 2018 elections... Read More About Fortune Chasi

The Zimbabwe Electricity Supply Authority, (ZESA) under the Ministry and Energy and Power Development was established as the producer, distributor, and regulator of Zimbabwe’s electrical power by Act in 1981 and formed in 1985. It has a number of subsidiary companies with various specialties in... Read More About Zesa

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

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