File picture: Karen Sandison/African News Agency (ANA) Archives
File picture: Karen Sandison/African News Agency (ANA) Archives

Zimbabwe running out of fuel - energy regulatory authority

By Mel Frykberg Time of article published Dec 7, 2018

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Johannesburg - Zimbabwe is running out of fuel, according to the Zimbabwe Energy Regulatory Authority’s (Zera) acting chief executive officer Eddington Mazambani. 

He told Parliament on Thursday that the country had exhausted the $60 million worth of fuel imported last week, Pindula reported on Friday.

“The $60 million foreign currency which was released for fuel has already been exhausted because it came when we were at zero in terms of fuel supplies,” said Mazambani.

“The $60 million is about 100 million litres of fuel and it will be gone in about two-and-a-half weeks, and because we are at zero everyone wants to fill up their vehicles, and we do not know how much per week the Reserve Bank of Zimbabwe (RBZ) allocates to oil companies,” added the CEO.

Meanwhile, US Senators said new Zimbabwean President Emmerson Mnangagwa - who took over the country in last year’s military coup leading many Zimbabweans to believe that a new and brighter era had dawned on the country in the wake of the overthrow of former president Robert Mugabe – is saying the rights things but not producing real results.

Chris Coons, a Republican Senator from New Jersey who visited Zimbabwe during the elections this year, said that although there was indeed a significantly more open society and economy than under Mugabe, the country fell “significantly short of what a free, fair and open society is where rule of law dominates, elections happen regularly, opposition is free to speak and where the press is truly unhindered.”

Outgoing Republican Arizona Senator Jeff Flake, who is behind the recent revisions to the Zimbabwe Democracy and Economic Recovery Amendment Act of 2018, which lays out conditions of reform for that country to regain full US support, reiterated what Coons said.

The opposition MDC Alliance is still refusing to acknowledge Mnangagwa's election marginal victory announced in August and preceded by the fatal shooting of six people in the capital Harare, where soldiers were deployed to put down protests against poll rigging.

African News Agency/ANA

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