The country is facing a fuel crisis which started when it launched its Transitional Stabilisation Programme which among other things saw the re-introduction of a local currency.
The currency was at par with the United States dollar in October 2018, went to down to 2.5 to one in February 2019 but now stands officially at 17 to 1.
It is however trading at anything up to 25 to one on the black market.
Fuel, which was selling for under $1.50 in 2018 now sells for $19.55.
Below are the companies ZACC has listed.
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The same was done for companies alleged to have externalized forex but no indictments were done; not even feedback of who returned the money and who did not. We are getting tired of this useless noise they make. They want us to believe that there is serious action against corruption yet it is just stage managed drama. What happened to these:
1. Chombo case
2. Mupfumira
3. Chivhayo
4. Douglas Tapfuma
5. (And now) Mary Mubaiwa
... speaking of Mary it reminded me I did not see Ginimbi's fuel company on the list.
We want to see big cronies behind bars not this political illusion!!!