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Sakunda Energy

Fuel traders start slashing prices

Fuel traders have started slashing prices following Government’s directive to reduce prices in line with falling global oil prices. However, indications are that some traders may not cut prices to levels set by Government.

CMED awarded tender to an unregistered company

HARARE – An inquiry into a $3 million fuel procurement scandal at government transport enterprise CMED has recommended further investigation into the scam after it emerged that the parastatal flouted procedures by awarding the tender to an unlicensed petroleum company.