fuel imports

Zimbabwe's high fuel costs have been cited as fuelling inflation and price hikes in the country. A statement by the Zimbabwe Coalition on Debt and Development (Zimcodd) published yesterday has revealed that Zimbabwe has the most…
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Zimbabwe’s central bank plans to stop providing the foreign currency needed for fuel imports, handing the responsibility to private companies, officials familiar with the situation said.
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The Reserve Bank of Zimbabwe (RBZ) says it has availed adequate Letters of Credit (L Cs) into the market to ensure availability of critical imports such as fuel.
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Treasury is developing a long-term model that will ensure multiple fuel importers source their own foreign currency and ease the burden on allocations from the Reserve Bank of Zimbabwe (RBZ).
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Government has banned importation of fuel by individuals. In a notice issued by the Zimbabwe Energy regulatory Authority (Zera) yesterday, Government said it has repealed Statutory Instrument (S.I.) 171 of 2015 Control of Goods (Petroleum…
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By Martin Kadzere Banks can now process import payments for fuel and crude edible oil companies by equally matching cash deposits with cross border transfers, the Reserve Bank of Zimbabwe has said. The interim measure, which some…
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By John Kachembere HARARE - Zimbabwe has spent $744 million on petroleum products in the seven months to July from the import of 747 million litres of petrol and diesel, official statistics show. This compares favourably well with…
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