Articles tagged 'petrol'

Fuel service stations run dry 23 September 2018 HARARE - Motorists in Zimbabwe queued for hours yesterday to try to buy petrol as filling stations ran dry due to a crisis that the government blamed on panic buying. Several petrol stations visited by the Daily News on Sunday teams around the country had run out of petrol while motorists wait...
Fuel stations run dry 20 September 2018 HARARE - Most service stations in Harare have run dry with long queues emerging as the fuel crisis continues, despite Reserve Bank of Zimbabwe (RBZ) governor John Mangudya saying the sector is fully-funded. Mangudya told the Daily News yesterday that logistical challenges that were faced by th...
Govt speaks on fuel situation 16 September 2018 HARARE - Erratic fuel supplies being experienced throughout the country have now been addressed, the Zimbabwe Energy Regulatory Authority (Zera) told the Daily News on Sunday yesterday. Zera chief executive officer Gloria Magombo said supplies to pump stations, which have been struggling to se...
Pressure on petrol prices 24 July 2018 HARARE - Petrol prices are marginally increasing at some pump stations after holding steady for the better part of the month. Observers fear the increases, blamed on bottlenecks in the supply chain, could have ripple effects on food prices. As of yesterday, some fuel stations were retailing...
Zera engages RBZ to end fuel crisis 25 May 2018 HARARE - In the wake of the increased demand for fuel, industry actors are engaging the Reserve Bank of Zimbabwe (RBZ) to review the amount of foreign currency allocated to the petroleum sector. This was revealed by the chief executive officer of the Zimbabwe Energy Regulatory Authority (Zera)...
Fuel shortages persist 24 May 2018 HARARE - Service stations in most parts of the country are still struggling to secure adequate fuel to meet demand, resulting in long-winding queues at pump stations with the product in stock. A survey by the Daily News has shown that a number of service stations around Harare and elsewhere ha...
Govt explains fuel shortages 17 May 2018 HARARE - The shortage of fuel in Harare and other parts of the country has been caused by high demand of the commodity, which is putting pressure on prices, the Zimbabwe Energy Regulatory Authority (Zera) has said. Zera chief executive officer (CEO), Gloria Magombo, told the Daily News yesterd...
Fuel crisis surfaces 16 May 2018 HARARE - Several service stations in the capital and elsewhere have run out of fuel, amid conflicting explanations from the authorities and industry players as to the source of the shortages. [Adz]
Resurfacing fuel queues a cause for concern 12 September 2017 EDITOR — It’s sad that of late fuel queues have resurfaced in most parts of Harare and other urban areas. This is a serious cause for concern. It is unfortunate that when we start seeing long queues at service stations we are reminded of the shortage of basic commodities as was the case in ...
Zim cost of living unjustifiably high 11 July 2017 HARARE - Nearly a decade after ravaging hyperinflation — characterised by steep commodity prices rising by the day — it seems Zimbabwe remains a very expensive country to live in. Back then, around 2006-8, the country's cost of living was way too high compared to its regional peers like Botswa...
Zim has expensive fuel in the region 9 July 2017 HARARE - Zimbabwe's fuel is the most expensive in southern Africa despite government introducing its controversial mandatory blending policy which forces fuel companies to mix unleaded petrol with ethanol as part of reducing the import bill. In a paper on the prices of fuel, the Zimbabwe Energ...
Fuel dealer fined $250 18 May 2017 MUTARE - A fuel dealer has been fined $250 for operating a service station without a licence.  Allen Buzuzi, 29, of Sakubva, was convicted on his own plea of guilt by magistrate Innocent Bepura. He was being charged with contravening chapter 13:22 of the Petroleum (liquefied petroleum gas) ...
Ethanol blending slashed to 5pc 8 March 2017 HARARE - Government has reduced mandatory petrol blending from 15 percent to five percent due to ethanol shortages. Authorities imposed mandatory blending, which was increased to 15 percent from 10 percent in 2015, in a move targeted at reducing the country's fuel import bill — around $45 mill...
CMED boss grilled over fuel scam 21 February 2017 HARARE - State-owned Central Mechanical Equipment Department (CMED) has suspended the importation of duty-free fuel for selected private companies following an exposé of irregularities in the facilitation of import certificates. This comes as the Transport ministry had given CMED the right to ...
Fuel shortages due to payment challenges: Govt 16 December 2016 HARARE - The on-going fuel shortages that have rocked the country are due to payment challenges, Energy ministry permanent secretary Partson Mbiriri said. This comes as most service stations have been frequently running out of the commodity — particularly petrol — with some rejecting debit car...
Zim pushes for adoption of Diesel 50 15 December 2016 HARARE - Zimbabwe has intensified its fuel cleaning campaign, with the country set to migrate to the usage of Diesel 50 by June next year, Energy ministry permanent secretary, Partson Mbiriri said. Diesel 50 is a low sulphur diesel that contains 50 parts per million (ppm) sulphur, which is low...
Fuel taxes too high: Zera 15 November 2016 HARARE - The Zimbabwe Energy Regulatory Authority (Zera) yesterday said the country's fuel taxes and levies were too high making local petroleum prices unresponsive to international oil price fluctuations. Zera chief executive Gloria Magombo told Parliament that local fuel dealers have to hono...
Fuel shortages: Is history repeating itself? 14 October 2016 HARARE - Fuel shortages, which resurfaced this week, have served to underline the precarious nature and position of Zimbabwe's economy. There is trepidation among motorists and industrialists that the shortages could have a ripple effect on the economy and where diesel is the main driver of th...
Green Fuel ramps up production 22 September 2016 HARARE - Green Fuel is moving to ramp up ethanol production at its Chisumbanje site through a hectarage increase exercise anticipated to see the group with about 13 000 hectares (ha) of land by year end, one of its shareholders has said. Arda chairman Basil Nyabadza told the businessdaily that...
Zim fuel import bill declines 4 August 2016 HARARE - Zimbabwe's fuel import bill has declined to $600 million in the first half of the year compared to $628 million spent last year in the same period as motorists feel the heat of the country's deteriorating economic conditions. The country's estimated 1,2 million vehicles consume an ave...
Motorists face steep petrol price hike 17 June 2016 JOHANNESBURG - Ongoing oil strength, with limited support from the exchange rate, has set the stage for further increases in the fuel price, the Automobile Association (AA) warned on Friday. Commenting on unaudited mid-month data released by the Central Energy Fund, the AA said the data predic...
Zim defends high fuel prices 16 February 2016 HARARE - Zimbabwe's government has defended high fuel prices obtaining in the country despite a significant decline in international oil prices by more than 70 percent in the last few months. Energy minister Samuel Undenge last week said the country uses “a unique” pricing model that is differ...
Fuel prices 'must' go down 28 January 2016 EDITOR — With the global oil prices tumbling to around $30 a barrel it is of major concern that fuel prices remain high in Zimbabwe with motorists being forced to fork out up to $1,40 per litre for petrol despite being blended with locally-processed ethanol. As the international prices continu...
'Zanu PF ignoring inflated fuel prices' 28 January 2016 HARARE - Morgan Tsvangirai's MDC has accused Energy minister Samuel Undenge of allowing big fuel retailers to maintain large profit margins while the price of oil was falling sharply. A year ago, the price of crude oil was over $115 a barrel. A few days ago, the price fell to below $28 a ba...
Zim moves to lower fuel prices 2 September 2015 HARARE - Zimbabwe has commissioned a new petroleum sector pricing study aimed at coming up with mechanisms to lower fuel prices in the country, a senior government official has said. The Energy ministry permanent secretary, Patterson Mbiriri, yesterday told delegates at a Zimbabwe Energy Regul...