HomeBusiness

ZUPCO Bus Fares Increased By 100 Per Cent

4 years agoFri, 27 Sep 2019 11:19:01 GMT
Share on FacebookShare on TwitterShare on LinkedIn
ZUPCO Bus Fares Increased By 100 Per Cent

The government has increased transport fares charged by the Zimbabwe United Passenger Company (ZUPCO) by 100 per cent with effect from October 1, 2019.

This was revealed by the Ministry of Information, Publicity and Broadcasting in a statement on its Twitter handle. The statement says:

From the 1st of October 2019, the ZUPCO bus standard fare will rise from ZWL$0.50 to ZWL$1.00

ZUPCO buses were reintroduced in January this year following deadly riots that were sparked by an unprecedented fuel price hike in the same month.

Some economic analysts have, however, said that the hugely subsided ZUPCO pricing model is highly unsustainable. One Zimbabwe dollar is equivalent to US$0.15.

Tags

0 Comments

Leave a Comment


Generate a Whatsapp Message

Buy Phones on Credit.

More Deals
Feedback