Green Fuel Private Limited has denied allegations by former Zanu-PF secretary for the commissariat Godfrey Tsenengamu that it was part of a cartel monopolising ethanol blending in the country.
The Billy Rautenbach-owned company issued a statement on Wednesday saying contrary to Tsenengamu’s false, malicious, irresponsible and defamatory utterances, it had a competitor since 2017. The statement read in part:
Green Fuel does not have a monopoly in ethanol production or blending. It is common knowledge that any entity who meets the necessary statutory requirements detailed within the Petroleum (Mandatory Blending of Anhydrous Ethanol with Unleaded Petrol) Regulations, 2013, can apply and obtain a licence for the purpose of supplying ethanol for mandatory blending.
To this effect, it is a well-known fact that a joint venture established between Triangle Limited and the National Oil Infrastructural Company (NOIC) has also been supplying ethanol for mandatory blending purposes since 2017.
Tsenengamu and deputy party secretary for youth, Lewis Matutu were last week suspended by the ZANU PF politburo for indiscipline after they violated party procedure by convening a Press conference accusing Rautenbach and other businessmen of corruption.
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