Browsing tag
A total of 209 people were electrocuted in the country in the last seven years in 400 electricity-related accidents, an official of the Zimbabwe Energy Regulatory Authority (Zera) said on Wednesday.
Zimbabweans have been urged to brace for massive load-shedding following the decrease of water levels at Kariba Dam and the obsoleteness of three thermal power stations in Harare, Bulawayo and Munyati.
Zimbabwe now has the highest fuel prices in the Southern African Development Community compared to regional peers, which are charging significantly lower prices.
The Zimbabwe Energy Regulatory Authority (Zera) has increased the pump price of diesel and petrol in local currency by margins between 11,7 percent and 12,1 percent with effect from today.
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 expensive fuel in the Sadc region.
Most residents in suburbs where there is no electricity use gas and those that have electricity also turn to gas when there is no electricity.
The Zimbabwe Energy Regulatory Authority (Zera) has increased prices for diesel and blend with effect from today.
By Andrew Lampard
Zimbabwe has been experiencing fuel challenges for the past two years notwithstanding the huge foreign exchange allocations by the central bank, which average around US$80 million per month, including letters of credit.
With the landed price for fuel being around 50 cents per litre, this means that about 160 million litres of fuel is imported per month.
The continued shortages of fuel characterised by fuel queues, however, point to the existence of leakages in the fuel industry, with speculation that either not all fuel finds its way to Zimbabwe or some of the fuel is smuggled out of the country and sold in neighbouring countries.
The Zimbabwe Energy Regulatory Authority (ZERA) has warned fuel companies that have been granted approval to sell fuel in US dollars that their licences risk being cancelled if they divert from the set regulations.
GOVERNMENT and oil firms have agreed on a reduced diesel price of $17,28 per litre following a decline in oil prices on the international market.