Zim legalises fuel imports by private players

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Zimbabwe has been expressing a fuel crisis since last year due to foreign currency shortage and this has resulted in long queues being witnessed across the country.
Zimbabwe has been expressing a fuel crisis since last year due to foreign currency shortage and this has resulted in long queues being witnessed across the country.

Harare – Cabinet approved the liberalisation of the importation of fuel by allowing mining firms, transport operators and large corporates with capacity to buy on their own.

Addressing journalists after a cabinet meeting Tuesday, Information Minister Monica Mutsvangwa said mining companies and other large corporates were free to import own their own.

“Furthermore, cabinet has given a green light to large companies such as those in the mining sector to use their funds to import fuel for their use,” Mutsvangwa said.

Zimbabwe has been expressing a fuel crisis since last year due to foreign currency shortage and this has resulted in long queues being witnessed across the country.

At the moment, diesel was in short supply with service station going for days without supply.

 Energy and Power Development minister Jorum Gumbo said this does not apply to individuals.

“This is not for individuals at the moment, we are only allowing corporates,” Gumbo said.

In 2015, it was permissible through Statutory Instrument (SI) 171 to import  up to 2 000 litres of fuel per month for personal use but the law was repealed in 2017 However, the legal and it  was stipulated that only companies licensed in terms of Section 29 of the Petroleum Act were allowed to import fuel.