No fuel price hike: Govt

Zimbabwe Energy Regulatory Authority (ZERA) has not changed fuel prices despite the change in foreign currency rates.

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Zimbabwe Energy Regulatory Authority (ZERA) has not changed fuel prices despite the change in foreign currency rates.
In a press statement,  ZERA Acting Chief Executive Officer Edington Mazambani said the petroleum Industry was advised that prices of fuel had not changed and operators were expected to continue selling fuel into the market as is expected of them.
“The Petroleum Industry is advised that the prices of fuel have not changed and operators are expected to continue selling fuel into the market as is expected of them,” Mazambani said.
He said any operator found hoarding fuel would face the full wrath of the law.
“Any operator found hoarding fuel will face the full wrath of the law,” he said.
Mazambani said ZERA and the police had been deployed in all the country’s towns to monitor those trying to hike the pump  price of fuel.
“The Zimbabwe Energy Regulatory Authority (ZERA) and the Zimbabwe Republic (ZRP) Officers have been deployed in all the towns and cities to ensure compliance,” he said.